Almost 60% of German investors believe the relationship between Europe and the USA will significantly determine the development of the stock markets in 2026.

Some 27.7% of investors in Germany consider debt levels as well as inflation and interest rate developments in the USA and Europe to be the strongest factor impacting the development of the financial markets in 2026, according to the latest ‘Trend of the Month’ survey conducted in February by the German association for structured securities (Bundesverband für Strukturierte Wertpapiere or BSW). The majority of our investment products can reduce the risks associated with equitie