Research

Share prices, the economy, plain language. Up-to-date market insights and economic assessments, thoroughly analysed and clearly explained.

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Capital Markets Outlook 2027

How will the economy, interest rates and financial markets develop? What issues will companies and investors be focusing on in the coming year? On 10 November 2026, we will publish our annual outlook here. In it, our experts analyse economic developments, highlight opportunities and risks, and outline what might be key in 2027.

Germany

Forecast for 2027

+1.4%

2025: +0.3% 2026: +1.0% Status: 06/11/2026

Eurozone

Forecast for 2027

+1.4%

2025: +1.3% 2026: +1.1% Status: 06/11/2026

USA

Forecast for 2027

+2.0%

2025: +2.3% 2026: +2.3% Status: 06/11/2026

You can find our current forecast table with all covered values in the Helaba weekly outlook (in German only).

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Comments from our economic experts 
German only