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Rheinmetall is riding a surge in European defense spending and geopolitical tensions With many upside catalysts now being priced in, the valuation raises questions We break down fundamentals, risks, and upside potential. Does Rheinmetall still belong on your radar? “Elevator Pitch” Overview Rheinmetall is Europe’s go-to supplier for NATO-standard defense gear—delivering everything from ammunition to…

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BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

Still in contraction at 48.8 (a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining)

• up from 47.4 in May

The long run average for the survey is 52.5.

BusinessNZ’s Director, Advocacy Catherine Beard:

• manufacturers struggling to see expansion in most elements of their business
• four of the five main sub-index values were in decline
• manufacturers report a major slowdown due to weak consumer demand, high living costs, and economic uncertainty
• falling construction activity, rising input costs, and global instability are reducing orders and cashflow, while supply chain issues add further pressure

BNZ’s Senior Economist Doug Steel:

• “looking across the PMI sub-indices, they all remain well below their historical averages. Despite talk of an economic recovery, conditions are still very tough”

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Earlier this week the Reserve Bank of New Zealand left its cash rate target unchanged, and indicated that if inflaiton driops lwoer they'd lower rates:

• Reserve Bank of New Zealand (RBNZ) leaves rates unchanged, as expected

Reserve Bank of New Zealand next meet on August 20.

Reserve Bank of Australia Leaves Cash Rate Unchanged at 3.85%; Trump Unveils First Wave of Steep Tariffs; Stocks Gaining, US Dollar Loses Ground, Euro Higher on 10% Eurozone Tariff Rumor

Bitcoin: ⬇️ Sell – Bitcoin reversed from long-term resistance level 110000.00 – Likely to fall to support level 105000.00 Bitcoin cryptocurrency recently reversed down from the major long-term resistance level 110000.00 (which has been steadily reversing the price from the.

This week, the DE 40 stock index continues to rise, steadily remaining above the psychologically important level of 20,000.0. The DE 40 forecast for today is positive.

DE 40 forecast: key trading points

• Recent data: Germany’s Consumer Price Index for June stood at 0.0%
• Market impact: zero inflation eases concerns over potential ECB monetary tightening and supports investor sentiment in the equity market

DE 40 fundamental analysis

The actual Consumer Price Index reading for June was 0.0%, below the forecast of 0.2% and the previous figure of 0.1%. Zero inflation indicates price stabilisation, suggesting an easing of inflationary pressure. Stable prices positively influence consumer purchasing power, supporting retail and service companies.

Consumer price stabilisation in Germany creates positive expectations in the stock market, supporting both the consumer and industrial sectors. The financial sector may experience mixed impacts due to the lack of prospects for rising interest rates.

DE 40 technical analysis

Resistance for the DE 40 index has formed at 24,110.0. A new support level has been set at 23,465.0. The previous resistance was broken with strong momentum, indicating continuation of the previous medium-term uptrend. There is a very high potential for a new all-time high.

Scenarios for the DE 40 index price forecast:

• Pessimistic scenario for DE 40: if the support level at 23,465.0 is breached, prices may fall to 22,860.0
• Optimistic scenario for DE 40: if the resistance level at 24,110.0 is broken, prices may rise to 24,700.0

Summary

The CPI slowdown suggests that the ECB will continue to ease its monetary policy. This positively affects equity market demand from investors. The DE 40 stock index remains in an uptrend and aims to reach a new all-time high. The next growth target may be 24,700.0, which would become the new historical maximum.