Hope for a Timely Agreement in the Tariff Dispute Boosts the DAX Further, Defense Stocks Benefit From the Prospect of Increasing NATO Budgets!

Dear traders, The DAX is showing strength this midday, increasing its gains to about 0.91% after a steady trading start. Alongside the hope for an agreement between the USA and the EU amidst ongoing negotiations regarding a compromise in the tariff dispute, positive economic data also supported the market in the morning. The GfK Consumer Climate Index for June fell at -19.9 points, better than feared, with considerable improvements particularly in economic and income expectations . On Wall Street, a positive trading opening is signaled for...