ATX in Vienna fluctuates: burden US CONTACTION and economic data!

ATX in Vienna fluctuates: burden US CONTACTION and economic data!

On Thursday, May 29, 2025, the Austrian leading index ATX closed with a minus of 0.21 percent and a final score of 4,424.27 points. This decline was largely influenced by uncertainties and weak economic data from the USA. A US judge judgment that the tariffs introduced by ex-President Donald Trump invalid triggered a tense market reaction. The US government's appeal against this judgment caused additional uncertainty among investors.

The stressful factors also include the latest labor market data from the United States. The initial applications for unemployment aid rose unexpectedly, which questions the economic recovery. Even if the US economy shrank less in the first quarter than originally assumed, trust in the future development of the markets remained fragile. Analysts expect the uncertainties to continue until a final clarification regarding the US court judgment.

reaction of the market

in Vienna is currently a volatile market that is strongly influenced by international and local factors. In the past trade week, Eurotelesites recorded an increase of 2.8 percent, while Rhi-Magnesita increased by 2.4 percent. In contrast, the CPI Europe shares gave up by 2.3 percent after a slight decline in profits was announced. Telekom Austria recorded a decline of 2.6 percent, which reflects the uncertainty.

The coming time will be crucial for the ATX, especially in view of the reactions to the developing economic framework. An appellate court could temporarily reverse the cancellation of tariffs, which could brighten the market mood again at short notice. Trump's trade strategy, which aims at “America First”, triggered concern not only in the USA, but also worldwide, especially among trading partners.

US customs policy and their consequences

Customs policy under Donald Trump, who took over the presidency again on January 20, has reinforced tensions in global trade relationships. With regard to historical laws, Trump has already taken measures against China, Canada and Mexico by imposing tariffs to a variety of imports. The effective customs set on imports from China in 2024 was 10.7 percent, while tariffs of up to 25 percent were announced on imports from Canada and Mexico.

These strategic measures aim to reduce trade deficits, but are controversial in international markets. With the announcement of further customs incidents, in particular on Chinese imports, uncertainty remains for both investors and economic experts. Trump's approach, which refers not only to economic aspects, but also to national security concerns, continues to be observed.

Overall, the market forecasts with many uncertainties are affected, and the Vienna stock market is faced with a challenging phase. The course of the coming weeks could be crucial for the stability of the ATX and is therefore followed with great attention.

For further deeper insights into the current market situation and its developments, we refer to the economic analyzes of IT-BoltWise , the reporting of Börsennews and the comprehensive information about the US-Zollpolitik on Spängler .