{"id":60459,"date":"2025-06-03T10:43:54","date_gmt":"2025-06-03T10:43:54","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/03\/german-stocks-up-marginally-after-mild-setback\/"},"modified":"2025-06-03T10:43:54","modified_gmt":"2025-06-03T10:43:54","slug":"german-stocks-up-marginally-after-mild-setback","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/03\/german-stocks-up-marginally-after-mild-setback\/","title":{"rendered":"German Stocks Up Marginally After Mild Setback"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The German market, which retreated after a positive start Tuesday morning, recovered some lost ground subsequently, but remains a bit subdued, amid concerns about global economic growth due to Trump administration&#8217;s uncertain trade policies. <\/p>\n<p>A downward revision in global growth forecast by OECD, and news about the collapse of the Deutsche Government are weighing on sentiment.<\/p>\n<p>Investors are also digesting eurozone inflation data.<\/p>\n<p>The benchmark DAX, which climbed to 24,052.86 in early trades, dropped to 23,818.82 before recovering to 23,964.17, recording a marginal gain of 17.79 points or 0.07%.<\/p>\n<p>Rheinmetall and Deutsche Telekom are gaining 2.3% and 2.2%, respectively. Vonovia is up nearly 2%, while MTU Aero Engines is advancing 1.3%.<\/p>\n<p>SAP, Allianz and E.ON are up with modest gains.<\/p>\n<p>Zalando is down more than 2.5%, and Adidas is drifting down 2.3%. Continental, Porsche Automobil Holding, Heidelberg Materials, Beiersdorf and Bayer are down 1 to 1.5%.<\/p>\n<p>BASF, Siemens, Porsche, Mercedes-Benz, Brenntag, Commerzbank and Volkswagen are down 0.5 to 1%.<\/p>\n<p>The Organization for Economic Co-operation and Development (OECD) slashed its global growth forecast to 2.9% from its earlier forecast of 3.1% for 2025.<\/p>\n<p>The Paris-based firm said the outlook across the globe has become challenging with rising trade barriers and policy uncertainty, which is weighing on consumer confidence and blocking investments.<\/p>\n<p>Flash data from Eurostat showed eurozone inflation eased more than expected in May largely due to the slowdown in services inflation.<\/p>\n<p>Inflation softened to 1.9% in May, slightly below the central bank&#8217;s target of 2%. Inflation was expected to slow to 2% from 2.2% in April.<\/p>\n<p>Core inflation that strips out prices of energy, food, alcohol and tobacco, slowed unexpectedly to 2.3% from 2.7%. The rate was seen at 2.4%.<\/p>\n<p>On a monthly basis, the harmonized index of consumer prices remained flat in May.<\/p>\n<p>A separate data from Eurostat said the unemployment rate in the Euro Area edged down to 6.2% in April 2025, matching the record low set in December. The rate was down from a revised 6.3% in March. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>German Stocks Up Marginally After Mild Setback<\/a><br \/>\n<br \/>2025-06-03 10:43:54<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The German market, which retreated after a positive start Tuesday morning, recovered some lost ground subsequently, but remains a bit subdued, amid concerns about global economic growth due to Trump&#8230;<\/p>\n","protected":false},"author":2,"featured_media":60460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-60459","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=60459"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/60460"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=60459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=60459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=60459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}