Weak sentiment prevails in the German stock market as traders evaluated the potential turbulence in the trade tariff environment following the U.S. Supreme Court's ruling and the fresh temporary levy of 15 percent imposed by the Trump regime. Sentiment remained downbeat despite Ifo data showing signs of recovery in Europe's largest economy.
Data released earlier in the day showed Germany's Ifo Business Climate Index rising to 88.6 in February from 87.6 in January. The highest level since August 2025 also surpassed market expectations of 88.4.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.