Record Mood in the Stock Markets
The stock markets are currently showing a record mood with a clear upward trend, particularly in the USA and Germany where new highs have been reached.
The German DAX Hits New All-Time High
In Germany, the DAX achieved a new record value of 24,480 points at the beginning of July 2025, just above the previous high of June (24,479 points). Since the beginning of the year, the DAX has already increased by about 22 percent. Other German indices, such as the MDAX and SDAX, also record new highs, underlining the positive market sentiment.
Positive Impulses from Trade Agreements
This development is significantly driven by hopes for an imminent trade agreement between the EU and the USA. Progress in negotiations and the postponement of new US tariffs have boosted investor confidence. Moreover, capital is increasingly flowing from the USA to Europe as investors seek to avoid uncertainties surrounding US tariff policies.
Records Also in the USA
In the USA, records are also being observed, with both stocks and bonds like US Treasuries recording strong gains in the first half of the year despite rating downgrades by Moody’s. The expectation of an interest rate cut by the US Federal Reserve is contributing to the demand.
Significant Opportunities for Investors
This creates significant opportunities for investors: The ongoing upward momentum offers chances for price gains in both the German and international stock markets. At the same time, stable conditions such as potential trade agreements and monetary policy signals create an overall positive market situation.
| Market Region | Current Trend | Drivers | Importance for Investors |
|---|---|---|---|
| Germany (DAX) | New record high at approx. 24,480 points (+22% YTD) | Hope for EU-US trade agreement; capital inflow from the USA | Attractive entry opportunities; continuation of the upward trend likely |
| USA (Stocks & Bonds) | Strong price gains in stocks & Treasuries despite rating concerns | Expectations of interest rate cuts; stable demand for government bonds | Diversification possible; chances through monetary easing |
These developments particularly attract investors who have previously been waiting on the sidelines and now want to invest actively.