German Financial Optimism Gets Boost from Tariff Retreat, Merz Government
German financial confidence jumped this month as U.S. tariff concerns were alleviated somewhat and Germany's new government began to take shape.
The ZEW Indicator of Economic Sentiment, a gauge that tracked the expectations of 191 analysts at banks, insurance companies and other businesses, rose 39.2 points on month to 25.2 in May. Economists polled by The Wall Street Journal expected a lower score of 16.4.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Airbus CEO on Demand, Tariffs Impact, European Defense
Airbus Chief Executive Officer Guillaume Faury discusses the impact of geopolitical and trade uncertainties on the aviation industry. He also talks about deliveries, supply chain and demand for air travel, as well as Europe's increased push for spending in the defense sector. He speaks to Bloomberg's Guy Johnson from the Paris Air Show. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23 minutes ago
- Yahoo
Barcelona open to selling defensive stalwart if strong bid arrives
According to journalist Achraf Ben Ayad, Ronald Araujo's future at Barcelona is far from guaranteed. He mentions that the Uruguayan centre-back, considered one of the club's most valuable assets, may be sacrificed this summer if the right offer arrives. Advertisement Barcelona's financial difficulties are well documented, and with the club needing to generate around €50 million before making new signings, Araujo represents a tempting option for an essential cash injection. Although the club and player publicly continue to show mutual commitment, the details behind the scenes paint a different picture. A clause in Araujo's contract, coming into effect on July 1, will lower his €1 billion release clause to just €65 million for a ten-day period. That limited-time opportunity creates a potential storm of interest from top European clubs looking to pounce on a defender of his calibre at what would be considered a bargain in today's market. It is no accident Ronald Araujo could leave Barcelona. (Photo by) Advertisement The drop in the buyout clause was likely not inserted by accident. It reflects a clear strategy by either the player's camp, the club, or both to leave the door open for a possible departure without causing public tension. If Barcelona were fully determined to keep Araujo, such a clause simply would not exist in the first place. And from Araujo's side, if he were 100% committed to continuing, he could have negotiated differently. Defense will be trimmed With Barcelona already overloaded at centre-back, the club may see this as the right moment to part with one of its stars for the greater financial good. Advertisement Hansi Flick already has options like Pau Cubarsi, Eric Garcia, Andreas Christensen, and Inigo Martinez in the squad. That makes Araujo a luxury Barcelona might not be able to afford, especially given his strong market value. The next few weeks, especially between July 1–10, will be decisive. Multiple clubs are expected to circle, and while Araujo will have no shortage of suitors, Barcelona's willingness to listen suggests that everything is on the table.
Yahoo
29 minutes ago
- Yahoo
FTSE 100 LIVE: Markets and oil prices rise as Iran-Israel conflict enters fourth day
Markets rose in London and across Europe even as the Israel-Iran conflict entered its fourth day. Oil prices continued to head higher. Brent crude (BZ=F) swung up 0.6% in early trade, briefly touching the $75 mark earlier in the session. West Texas Intermediate (CL=F) was 0.7% higher to trade at $73.50 a barrel. On Friday, the International Energy agency said it was prepared to tap oil stocks should the market need it. The death toll on both sides rose as strikes continued overnight. Israel has suggested that this could be a prolonged campaign while Iran has reiterated that it has the right to defend itself. The FTSE 100 (^FTSE) rose 0.2% as markets opened. Gambling giant Entain (ENT.L) and Standard Chartered (STAN.L)were among the top risers in the index. Germany's DAX (^GDAXI) ticked up 0.3%. The CAC 40 (^FCHI) in Paris rose 0.5% and the pan-European STOXX 600 (^STOXX) was 0.2% higher. US stock futures are up this morning, despite escalating tensions in the Middle East. Dow Jones Industrial Average futures (YM=F) rose 0.4%, S&P 500 futures (ES=F) gained 0.4%, while contracts tied to the Nasdaq 100 (NQ=F) gained 0.5%. The cautious optimism follows a bruising Friday session that saw the Dow plunge more than 700 points in a broad risk-off move. The geopolitical flare-up comes at a delicate moment for markets already buffeted by tariff insecurity. Friday's sell-off dragged the major US indexes into negative territory for the week. The Dow (^DJI) ended down 1.3%, while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) posted weekly losses of 0.4% and 0.6%, respectively. Gold (GC=F) prices rallied alongside oil, with the precious metal drawing safe-haven flows amid rising volatility. Hello from London. Lucy Harley-McKeown here, ready to ride the heatwave and bring you the latest markets and business news of the day. On the slate this morning is Nationwide's House Price Index, giving a read on the market post-stamp duty increase. Company earnings for the week can be found here — Miami-based construction company Lennar (LEN) up first. We'll be watching the high tensions in the Middle East. Let's get to it. US stock futures are up this morning, despite escalating tensions in the Middle East. Dow Jones Industrial Average futures (YM=F) rose 0.4%, S&P 500 futures (ES=F) gained 0.4%, while contracts tied to the Nasdaq 100 (NQ=F) gained 0.5%. The cautious optimism follows a bruising Friday session that saw the Dow plunge more than 700 points in a broad risk-off move. The geopolitical flare-up comes at a delicate moment for markets already buffeted by tariff insecurity. Friday's sell-off dragged the major US indexes into negative territory for the week. The Dow (^DJI) ended down 1.3%, while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) posted weekly losses of 0.4% and 0.6%, respectively. Gold (GC=F) prices rallied alongside oil, with the precious metal drawing safe-haven flows amid rising volatility. Hello from London. Lucy Harley-McKeown here, ready to ride the heatwave and bring you the latest markets and business news of the day. On the slate this morning is Nationwide's House Price Index, giving a read on the market post-stamp duty increase. Company earnings for the week can be found here — Miami-based construction company Lennar (LEN) up first. We'll be watching the high tensions in the Middle East. Let's get to it.
