FRANKFURT (DEUTSCHE-BOERSE AG) – For almost a month and a half, the market has been on an upward trend, and skepticism is growing. This is because tariffs are likely to remain higher than in the pre-Trump era. However, positive impetus is hoped for from the new German government.
May 19, 2025. FRANKFURT (Frankfurt Stock Exchange). The DAX has now recovered more than 4,000 points, or 20 percent, since its low in April. There are no signs of a fundamental change in sentiment at the start of the new week, but critical voices are growing.
Claudia Windt of Helaba points to gold: “The still very high price of gold should be seen as a warning that the price reactions on the stock market may have been exaggerated,” she notes. After all, the level of tariffs, with all their negative effects on the economy and inflation, is likely to remain higher than in Trump’s first term. “Here in Germany, there is at least hope that the change of…


