German stocks are rising on hopes of more interest rate cuts by the Federal Reserve and positive geopolitical developments. The DAX is up 0.22% with BMW, Daimler, and Volkswagen making gains. Bayer is up 2.5% while Gerresheimer is plunging over 14% after cutting its 2025 guidance for the third time this year.
In August, Germany’s exports unexpectedly declined by 0.5% while imports dropped more than forecast by 1.3%. The trade surplus increased to EUR 17.2 billion. Yearly, exports fell by 3.9% and imports rose by 1%.
Read more at Nasdaq: DAX Modestly Higher On Fed Rate Cut Hopes; Auto Stocks Move Up
