FRANKFURT – Investors in Germany were less upbeat about the country’s prospects following the handshake trade agreement between Brussels and Washington late last month.
The ZEW thinktank said Tuesday that its August expectations indicator for Germany in the coming half-year fell for the first time in four months with a decline to 34.7 points. This was worse than the market forecast of 39.5 and far below last month’s 52.7 mark, the best showing since Russia attacked Ukraine.
The ZEW said its current conditions indicator declined to rise to -68.6 versus the -67.0 estimate and -59.5 in July.
The thinktank’s measures for Eurozone’s outlook and current situation also decreased, the ZEW reported.
“Financial market experts are disappointed from the announced EU–US trade deal.” ZEW President Achim Wambach said. Noting that the latest result was also due to a weaker German economy in the second quarter, he called this month’s decline in the outlook “substantial.”
Wambach said respondents express significant concerns about about the chemical, pharma, mechanical engineering, and metal sectors.
Last week’s August survey results from German pollster Sentix showed a drop in sentiment among investors, with its current situation value falling to “recession level.”
That said, the German equity market has been booming, up more than 20% since the start of the year. Shares were slightly lower in Tuesday morning trading and down about half a percent on the month.
Done deal?
Uncertainties about the EU-US trade pact remain, which are stoking concerns in Europe. The agreement was supposed to set the US import tariffs on most goods from the trading block at 15%—with steel and aluminium unchanged at 50%. But Washington is still charging an additional 25% fee for shipments of European cars.
Furthermore, the 15% levy on EU goods is five percentage points more than what London agreed with Washington, and the US just extended its delay of sanctions against China, making Brussels look like a comparative loser in its negotiations with the US administration.
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postMessage({ action: 'CheckChannelStatusReponse', stream_status: data.stream_status.status, onair: data.stream_status.onair, connected: data.stream_status.connected });
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function join_publisher_channel(data) {
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postMessage({action: 'PublisherChannelJoined' });
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remote_ip = msg.data.remote_ip;
socket = new WebSocket("wss://ws.livesquawk.com/ws"+distributor_server);
socket.onopen = function(event) { request_server_assignment(); };
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postMessage({action: 'RequestSessionInfo' });
logging_interval = setTimeout(session_info_interval,logging_interval_time);
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socket.close();
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switch(data.type) {
case 'reconnect': postMessage({ action: 'VisibleConsole',console_string: "Reconnected" }); break;
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case 'player_log_request':
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case 'new_tweet':
case 'new_latest_news':
case 'delete_report':
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case 'add_ref_doc':
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case 'matched_messages':
pass_straight_to_post_message(data);
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break;
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postMessage({ action: 'VisibleConsole',console_string: "LS Socket Error" + event.type });
console.log(event);
postMessage({ action: 'LSSocketConnectionError' });
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socket.onclose = function(event) {
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socket_close_timeout = setTimeout(connect_to_assigned_server, reconnection_delay);
reconnection_delay = reconnection_delay*reconnectionDelayGrowFactor;
connected_to_assigned = false;
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function close_socket() {
clearTimeout(socket_close_timeout);
socket_close_timeout = null;
socket.onclose = function(event) {};
socket.onmessage = function(event) {};
socket.onerror = function(event) {};
socket.close(1000);
console.log('Socket Closed');
}
function pass_straight_to_post_message(data) {
data.action = data.type;
postMessage(data);
}
function join_player_channel(data) {
var data_array = {};
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data_array.username = data.username;
data_array.app_name = data.app_name;
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postMessage({action: 'PlayerChannelJoined' });
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session_info_interval();
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function application_refresh_stop(data) {
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function set_static_session_info(data) {
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session_info.browser_name = data.browser_name;
session_info.user_agent = data.user_agent;
session_info.browser_version = data.browser_version;
session_info.cookies_enabled = data.cookies_enabled;
session_info.platform = data.platform;
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session_info.stream = data.stream;
session_info.connection_protocol = data.protocol;
session_info.delay_target = data.delay_target;
session_info.session_email = data.session_email;
session_info.remote_ip = data.remote_ip;
session_info.php_session_id = data.php_session_id;
session_info.application_name = data.application_name;
session_info.http_referrer = data.http_referrer;
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function start_log() {
var session_start_date = new Date();
session_start_time = session_start_date.getTime();
var months = ['Jan','Feb','Mar','Apr','May','Jun','Jul','Aug','Sep','Oct','Nov','Dec'];
var session_start_date_string = session_start_date.getDate() + " " + months[session_start_date.getMonth()] + " " + session_start_date.getFullYear();
var data_array = {};
data_array.type = 'webrtc_start_log';
data_array.remote_ip = session_info.remote_ip;
data_array.username = session_info.session_email;
data_array.php_session_id = session_info.php_session_id;
data_array.webrtc_protocol = '';
data_array.session_start_time = (session_start_time/1000).toFixed(0);
data_array.stream_name = session_info.stream;
data_array.session_start_date = session_start_date_string;
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if (socket.readyState == 1) { socket.send(msg_string); }
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function update_session_info(data) {
var data_array = {};
var msg_string = '';
var current_date = new Date();
var current_time = current_date.getTime();
session_info.protocol = data.protocol;
session_info.curr_delay = (data.effective_latency / 1000).toFixed(2);
session_info.session_length = current_time - session_start_time;
session_info.ping_time = data.ping_time;
session_info.jitter = data.jitter;
session_info.packet_loss = data.packet_loss;
session_info.effective_latency = data.effective_latency;
session_info.mean_opinion_score = data.mean_opinion_score;
session_info.restarts = data.restarts;
if (socket_emits == 0) {
data_array = {};
data_array.type = 'webrtc_log_data_full';
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data_array.threshold = 0;
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data_array.effective_latency = session_info.effective_latency;
data_array.mean_opinion_score = session_info.mean_opinion_score;
data_array.session_id = session_info.session_id;
msg_string = JSON.stringify(data_array);
if (socket.readyState == 1) { socket.send(msg_string); }
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data_array.restarts = session_info.restarts;
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data_array.curr_delay = session_info.curr_delay;
data_array.session_length = session_info.session_length;
data_array.date = current_time;
data_array.webrtc_protocol = session_info.protocol;
data_array.ping_time = session_info.ping_time;
data_array.jitter = session_info.jitter;
data_array.packet_loss = session_info.packet_loss;
data_array.effective_latency = session_info.effective_latency;
data_array.mean_opinion_score = session_info.mean_opinion_score;
data_array.stream = session_info.stream;
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}
socket_emits++;
if (socket_emits == 100) { socket_emits = 0; }
}
- Main indicators worse than expected
- Experts ‘dissapointed’ by EU-US trade deal
- Eurozone optimism declines
By Eric Culp, European Editor
LiveSquawk News
@eculp.bsky.social
@EricCulpLS
15 July 2025 | 09:45 GMT
FRANKFURT – Investors in Germany were less upbeat about the country’s prospects following the handshake trade agreement between Brussels and Washington late last month.
The ZEW thinktank said Tuesday that its August expectations indicator for Germany in the coming half-year fell for the first time in four months with a decline to 34.7 points. This was worse than the market forecast of 39.5 and far below last month’s 52.7 mark, the best showing since Russia attacked Ukraine.
The ZEW said its current conditions indicator declined to rise to -68.6 versus the -67.0 estimate and -59.5 in July.
The thinktank’s measures for Eurozone’s outlook and current situation also decreased, the ZEW reported.
“Financial market experts are disappointed from the announced EU–US trade deal.” ZEW President Achim Wambach said. Noting that the latest result was also due to a weaker German economy in the second quarter, he called this month’s decline in the outlook “substantial.”
Wambach said respondents express significant concerns about about the chemical, pharma, mechanical engineering, and metal sectors.
Last week’s August survey results from German pollster Sentix showed a drop in sentiment among investors, with its current situation value falling to “recession level.”
That said, the German equity market has been booming, up more than 20% since the start of the year. Shares were slightly lower in Tuesday morning trading and down about half a percent on the month.
Done deal?
Uncertainties about the EU-US trade pact remain, which are stoking concerns in Europe. The agreement was supposed to set the US import tariffs on most goods from the trading block at 15%—with steel and aluminium unchanged at 50%. But Washington is still charging an additional 25% fee for shipments of European cars.
Furthermore, the 15% levy on EU goods is five percentage points more than what London agreed with Washington, and the US just extended its delay of sanctions against China, making Brussels look like a comparative loser in its negotiations with the US administration.
Sign up for LiveSquawk and receive a discount with the code LSQEC$