DAX Rises but Fragile Sentiment Looms Over Trump’s Unpredictable Trade Moves

From Investing.com: 2025-05-27 04:59:00

The DAX rises as Trump delays tariffs on the EU until July 9, trading around a 3-year high. GFK consumer sentiment in June hits -19.9, lower than expected, reflecting concerns over global trade tensions and economic stagnation fears. Eurozone economic sentiment data expected to show improvement. DAX forecast indicates potential rise to 24,500 with support at 23,500. GBP/USD trades at a 3-year high of 1.3590 after strong UK data. USD remains weak due to US debt concerns. BOE less likely to cut rates, with focus on US inflation and Fed speakers this week. Technical analysis suggests GBP/USD could rise to 1.3750 with support at 1.3450.



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