利好突袭，集体拉升！关税，新消息传来

Core Viewpoint - European stock markets experienced a collective rise, with the German DAX index reaching a historical high, driven by positive developments in US-EU tariff negotiations and economic stimulus measures in Germany [1][4]. Group 1: European Stock Market Performance - The German DAX index rose over 1% during trading, reaching a peak of 24,346 points, marking a new historical record [4]. - The French CAC40 index, Swedish OMX all-share index, and OMX Copenhagen 20 index also saw gains exceeding 1% [1][4]. - Year-to-date, the DAX index has accumulated an increase of nearly 22% [4]. Group 2: US-EU Tariff Negotiations - EU Trade Commissioner Sevcovic reported constructive talks with US Trade Representative Lighthizer, indicating progress in tariff negotiations [2][3]. - Following the announcement of these talks, European stock markets experienced a surge [4]. - The US government is pressuring trading partners to submit optimal proposals for trade negotiations, particularly regarding tariffs and quotas on US agricultural products [5]. Group 3: German Economic Measures - German Chancellor Merz is set to visit the US, focusing on trade tensions and other key issues [6]. - The German government approved a corporate tax incentive plan worth approximately €46 billion (about $52 billion) to stimulate the economy [7]. - The plan includes a tax deduction of up to 30% for businesses purchasing movable assets from June 2025 to January 2028, pending parliamentary approval [7]. Group 4: Inflation and Economic Outlook - Eurozone inflation for May was reported at 1.9%, down from 2.2% in April, which may increase the likelihood of further interest rate cuts by the European Central Bank (ECB) [8]. - The core inflation rate, excluding energy and food, stood at 2.3% [8]. - Analysts suggest that the ECB may implement additional rate cuts in response to the unexpected slowdown in inflation [8].