German Chancellor Merz says there needs to be significant defence investment
This statement from Chancellor Merz highlights a renewed focus on defense spending in Germany, which may signal a shift in policy that could support defense sector equities like Rheinmetall AG.
Norges Bank Interest Rate Decision 4.00% vs. Exp. 4.00% (Prev. 4.00%); "... if the economy evolves broadly as currently envisaged, the policy rate will be reduced further in the course of the year."
Carl Zeiss (AFX GY) Q1 (EUR): Revenue 467mln (prev. 490mln), a decline mainly caused by currency effects; EBITA 8mln (prev. 35mln). FY25/26 guidance will likely not be achieved.
German Chancellor Merz says there needs to be significant defence investment
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The emphasis on significant investment could have broader implications for EU defense budgets and economic cooperation, potentially enhancing overall market sentiment towards the DAX and related stocks.
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