• Asian and US stock markets are at record levels, while Germany struggles with economic problems caused by the Iran war.
  • US President Trump is optimistic about a deal with Iran, which boosted stock markets.
  • The German Institute for Economic Research (IW) cut its 2026 GDP growth forecast to 0.4% due to rising energy prices and supply disruptions.
  • German industrial orders surprisingly rose by 5% in March, mainly from abroad.
  • Siemens Healthineers lowered its revenue and profit forecast due to problems in China and rising inflation.
  • Vonovia reports a 3.8% increase in rents but faces higher financing costs due to the war.
  • Lanxess posts a loss of €141 million in the first quarter but notes a slight positive momentum since March.