DAX in Calendar Week 15/2025: Influencing Factors and Outlook
In the 15th calendar week of the year 2025, the DAX could remain stable, influenced by various factors shaping the German stock market. In previous weeks, it was primarily the trade war between the USA and China as well as the tariff policy of the US government that heavily influenced the markets. Here are some of the key influencing factors and the performance of the stocks:
Influencing Factors
- Trade War Between the USA and China: The ongoing trade conflict between the USA and China has continued to put pressure on the markets. China increased tariffs on US goods to 125 percent, which intensified uncertainty in the markets.
- US Tariff Policy: US President Donald Trump announced additional tariffs that would affect various countries and industries. These announcements caused nervousness in the markets as they further burden the global trade situation.
- Economic Data and Inflation: Recent economic data, such as the US Consumer Price Index, showed mixed developments. While some indicators remained stable, others raised concerns about economic growth.
- Corporate Reports: Various companies, such as Vodafone, Südzucker, and Gerresheimer, released reports that impacted their stock prices. These reports contributed to the market’s volatility.
Stock Performance
- DAX: Last week, the DAX closed down 0.92 percent at 20,374.10 points. Despite a strong start, it could not maintain its initial gains and slipped into the negative.
- TecDAX: The TecDAX also noted in negative territory, although it had initially risen. It closed 0.39 percent weaker at 3,298.87 points.
- Individual Stocks: Stocks of companies such as BMW, VW, and Rheinmetall came into focus for investors. BMW had to deal with sales losses in China, while VW reported lower profits than expected.
Outlook
The stability of the DAX in the 15th calendar week could depend on the further development of the trade war and the US tariff policy. In addition, the upcoming economic data and corporate reports will continue to influence the markets. Investors should be prepared for volatility and closely monitor geopolitical developments.