FX.co ★ DAX Bounces Back to End Higher

The DAX index in Frankfurt managed to turn around early losses exceeding 1% to finish slightly up at 21,316 on Wednesday. This shift followed China's indication that it may be open to resuming trade discussions if the United States takes a more consistent approach. The trade tensions had intensified earlier when President Donald Trump initiated an investigation into possible tariffs on essential mineral imports and introduced new export restrictions on Nvidia's AI chips to China. Investors are now looking ahead to remarks from Federal Reserve Chair Jerome Powell later today, as well as the European Central Bank's decision on Thursday, where a sixth consecutive 25 basis point rate cut is widely expected due to sluggish inflation and heightened U.S.-driven trade tensions. Among individual stocks, Sartorius emerged as the top performer, soaring over 10% following a substantial increase in first-quarter earnings. E.ON saw a 1.9% gain after unveiling its partnership with Superdielectrics to advance and market the British-developed battery solution. Conversely, Brenntag, Qiagen NV, Siemens Energy, and Infineon Technologies exhibited weaker performances.