German economy hit by domestic political crisis
DAX has fallen 0.83% over the past five days
DAX has fallen 0.83% over the past five days
European Investment Bank report also shows a marked decline in the investment appetite of firms
Report also highlighted concerns over US tariffs on the consumer discretionary sector
There are few signs of optimism across the continent, according to ING economists
30 basis points higher than the 1.7% print recorded in September
Alfred Kammer, director of the European department at the IMF, said a ‘moderate recovery’ was ongoing
A net 65% of European investors consider monetary policy to be too restrictive in the region
Further interest rate reductions in 2024 are expected to increase transactional activity
Sentiment last dipped so dramatically two years ago
Expectations around market activity are stabilising
This year’s rally could be brought to a halt by politics, especially the US election
The number of unemployed people across the country also rose by 82,100 in July