German Industrial Rebound Points to More Than Just Tariff Frontloading -- Market Talk

Dow Jones

Jul 07, 2025

1102 GMT - The rise in German industrial output suggests that there is more to industry than just recent U.S. frontloading, ING's Carsten Brzeski says in a note. Industrial production rose 1.2% on month in May after a 1.6% decline in April, as output in the automotive and energy sectors increased. But there are signs that industry is making a cyclical rebound, Brzeski says. Industrial orders had finally started to improve and inventories began to drop earlier this year, circumstances that only accelerated as U.S. firms frontloaded products from Germany ahead of looming tariffs. While risks have increased due to trade tensions and a stronger euro, the German government's stimulus keeps hopes high for more investment and stronger growth, he says. (edward.frankl@wsj.com)

(END) Dow Jones Newswires

July 07, 2025 07:02 ET (11:02 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2549339539"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2549339539\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2549339539?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-07 19:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2549339539","market":"sg","top_or_hot":-1,"title":"German Industrial Rebound Points to More Than Just Tariff Frontloading -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1102 GMT - The rise in German industrial output suggests that there is more to industry than just recent U.S. frontloading, ING's Carsten Brzeski says in a note. Industrial production rose 1.2% on month in May after a 1.6% decline in April, as output in the automotive and energy sectors increased. But there are signs that industry is making a cyclical rebound, Brzeski says. Industrial orders had finally started to improve and inventories began to drop earlier this year, circumstances that only accelerated as U.S. firms frontloaded products from Germany ahead of looming tariffs. While risks have increased due to trade tensions and a stronger euro, the German government's stimulus keeps hopes high for more investment and stronger growth, he says. (edward.frankl@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 07, 2025 07:02 ET (11:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>German Industrial Rebound Points to More Than Just Tariff Frontloading -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGerman Industrial Rebound Points to More Than Just Tariff Frontloading -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-07 19:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1102 GMT - The rise in German industrial output suggests that there is more to industry than just recent U.S. frontloading, ING's Carsten Brzeski says in a note. Industrial production rose 1.2% on month in May after a 1.6% decline in April, as output in the automotive and energy sectors increased. But there are signs that industry is making a cyclical rebound, Brzeski says. Industrial orders had finally started to improve and inventories began to drop earlier this year, circumstances that only accelerated as U.S. firms frontloaded products from Germany ahead of looming tariffs. While risks have increased due to trade tensions and a stronger euro, the German government's stimulus keeps hopes high for more investment and stronger growth, he says. (edward.frankl@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 07, 2025 07:02 ET (11:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PCOM","symbol_name":"Points International","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2549339539","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549339539","pubTimestamp":1751886120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1102 GMT - The rise in German industrial output suggests that there is more to industry than just recent U.S. frontloading, ING's Carsten Brzeski says in a note. Industrial production rose 1.2% on month in May after a 1.6% decline in April, as output in the automotive and energy sectors increased. But there are signs that industry is making a cyclical rebound, Brzeski says. Industrial orders had finally started to improve and inventories began to drop earlier this year, circumstances that only accelerated as U.S. firms frontloaded products from Germany ahead of looming tariffs. While risks have increased due to trade tensions and a stronger euro, the German government's stimulus keeps hopes high for more investment and stronger growth, he says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PCOM":"Points International","BK4122":"互联网与直销零售"},"translate_title":"德国工业反弹不仅仅意味着关税提前加载——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PCOM":1},"content_text":"1102 GMT - The rise in German industrial output suggests that there is more to industry than just recent U.S. frontloading, ING's Carsten Brzeski says in a note. Industrial production rose 1.2% on month in May after a 1.6% decline in April, as output in the automotive and energy sectors increased. But there are signs that industry is making a cyclical rebound, Brzeski says. Industrial orders had finally started to improve and inventories began to drop earlier this year, circumstances that only accelerated as U.S. firms frontloaded products from Germany ahead of looming tariffs. While risks have increased due to trade tensions and a stronger euro, the German government's stimulus keeps hopes high for more investment and stronger growth, he says. (edward.frankl@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 07, 2025 07:02 ET (11:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}