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On Friday, the Dax index of Germany reached a record while the optimism of investors on American commercial transactions stimulated the world markets, becoming the first major European reference to recover the losses triggered by the threats of Donald Trump.
The index was 0.7% more in the morning trade, after Thursday's announcement of a US-UK trade agreement on Thursday was followed by a call between Trump and the new Chancellor of Germany, Friedrich Merz, in which they agreed to quickly resolve commercial disputes.
The return of the Dax to the peaks of all time also reflects the wave of enthusiasm for German stocks Stiré earlier in the year by Merz's plans to increase loans and inject hundreds of billions into the military and infrastructure in the country.
Emmanuel Cau, head of the European Strategy on Actions at Barclays, said that the news for sales had given a wide boost to the stock markets. However, he added that “there is an additional degree of excitement in Germany as part of this renaissance account and the arrival of the new government,” he said. “There is more and more interest in Germany.”
European actions have surpassed their peers of Wall Street this year due to optimism on defense expenses combined with growing fears on the US Impact on Trump Trade War.
The Dax has increased by almost 18% to date. Although American actions have also recovered their losses since Trump's “Liberation Day” pricing announcements in early April, the S&P 500 reference remains well below its February summit and is down almost 4% until now in 2025.
This has partially reduced a gaping evaluation gap between American actions and European actions that has widened in recent years due to an incessant rally in American technological actions.
