As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.
Also as a video:
https://youtube.com/shorts/aJmcZW7a5Hc?si=EfInHdx2BPyytiPp
Tuesday:
Both the IMF and the German government are cutting their growth forecasts for Germany. Another year without growth would be tantamount to a kind of worst-case scenario. It would be the longest period of economic weakness since the founding of the Federal Republic of Germany.
Wednesday:
$ADS (-2,75%) Adidas is growing faster than its competitors. In the first quarter, the Group achieved sales of 6.1 billion euros, which corresponds to an increase of 13%. Operating profit also increased significantly.
Thursday:
Surprising improvement in sentiment in the German economy. The ifo business barometer rose to 86.9 points in April. The increase compared to March was despite Trump's tariffs and other geopolitical uncertainties. Economists had therefore actually expected a decline.
$GOOGL (+0,18%) Alphabet once again exceeded expectations in terms of revenue and profit. Alphabet generated USD 90 billion in revenue in the first quarter alone. With earnings per share of USD 2.81, expectations were exceeded by 40 %. The advertising business in particular ran smoothly.
These are the most important dates for the coming week:
Wednesday: 14:00 Inflation data (DE)
Wednesday: 14:30 Economic data (USA)
Thursday: 05:00 Interest rate decision (Japan)
Can you think of any other dates? Write it in the comments 👇