The newly announced tariffs by the US government are causing global uncertainty, particularly in key German sectors such as automotive, engineering, and chemicals, resulting in a 10 percent decline in the DAX. The EU is offering free trade talks but may also be planning countermeasures. New US labor market data presents mixed signals with a forecasted GDP growth of only 0.3 percent for the first quarter of 2025, indicating investment uncertainties. Analysts hope for a recovery depending on political decisions. Gold continues its role as a stable store of value amid geopolitical tensions and is seen as a reliable strategic asset class. German industries are already feeling the impact of global trade conflicts, although new infrastructure and climate investments offer hope. Europe’s stock markets are currently showing relative strength compared to the US, yet global uncertainties remain challenging.
08.04.2025