Experts confident even after record – economy

According to experts, there should be no unpleasant surprises this week following the latest records for the most important German stock indexes. It should be calmer as the reporting season is now coming to an end after three hectic weeks. More recently, despite Corona’s worries and fears about a tightening of US monetary policy, the Dax had reached record highs and even crossed the 16,000 point mark. On a weekly basis, the leading index gained 1.4 percent. In the meantime, almost all of the DAX companies have presented their figures for the second quarter. “Overall, earnings have grown much stronger than expected,” said Frank Klumpp of Landesbank Baden-W├╝rttemberg. Economically, the focus is on industrial production and retail data for China and the United States. For the euro zone, gross domestic product is on the agenda for the second quarter.

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