German blue chips hopped over the 13-thousand mark for the first time on Thursday. Investors here in Germany are banking on good growth prospects in the euro zone and downplaying political turmoil at home and strife beyond the borders.
The German stock index — the DAX — is going from strength to strength, leaving equity-averse Germans wondering why. But there are clear reasons it is pushing into new territory, as DW’s Rolf Wenkel explains.
UK unemployment has sunk to a 42-year low, but rising prices mean lower real incomes. The labor market is good at creating jobs, but not so much at raising pay. And just when you thought Brexit couldn't get any better.
The single currency has snapped a two-day rising streak and edged lower after German Chancellor Angela Merkel won a fourth term but faces tough coalition choices, with markets sensing an increasing risk for Europe.
Amid fears that Catalonia could announce it is breaking away from Spanish rule on Monday, German firms are anxious about their investments. Alone in 2015, Germany invested half a billion euros in the autonomous region.
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