FRANKFURT (DEUTSCHE-BOERSE AG) – Stock markets appear unsettled – higher tariffs are expected to slow Germany’s economy, analysts say. Meanwhile, the euphoria in the United States has faded. However, August is historically one of the weaker months for equities.
August 4, 2025. The “tariff list” published last week by U.S. President Trump is weighing on stock markets. “General tariff uncertainty remains, even if Europe is among the ‘lucky’ countries with a deal,” notes Helaba analyst Claudia Windt. In any case, “deal euphoria” is limited on global equity markets. “While U.S. tech giants have reached new highs, the rest continue to decline,” she observes. Whether more confidence will emerge this week remains uncertain. “There are few positive catalysts for equities at the moment.”
The DAX DE0008469008 suffered significant losses from Thursday last week, closing at just under 23,426 points – well below the July all-time high…
