On Friday, June 27, 2025, the German stock market experienced a significant upswing. The DAX surpassed the important mark of 24,000 points, closing with an increase of 1.62% at 24,033.22 points. This marks the highest level of the DAX in more than two weeks and results in a weekly gain of almost three percent.
Optimism thanks to Tariff Talks
The positive development of the DAX was significantly supported by encouraging news regarding the tariff talks between the European Union and the USA. Reports indicate that EU Commission President Ursula von der Leyen is optimistic that an agreement can be reached by the deadline of July 9. On that date, the USA plans to implement a 50% tariff on nearly all EU products, and the EU is preparing countermeasures.
This prospect of a trade agreement has alleviated fears of an economically damaging escalation, particularly in the automotive sector, which benefited from the more favorable tariff outlook.
Broad Market Gains
In addition to the DAX, other German indices such as the MDax, which rose by 0.85%, and the SDax, which increased by 1.64%, also showed strong gains. The SDax even reached its highest level in three and a half years.
Technical Signals Support Upward Potential
Technical indicators, such as crossing key moving averages, particularly the 50 and 200-day averages, as well as an RSI value that is not yet overbought, signal additional upward potential for the DAX. A rise to the record high from June of about 24,479 points seems within reach.
In summary, the DAX increase reflects the increased confidence in a timely resolution of the transatlantic trade dispute and underscores the generally positive market developments.