FX.co ★ DAX Starts Week on Higher Note

Germany's DAX experienced a 0.8% increase, surpassing the 24,700 threshold on Monday. This upward movement was largely fueled by President Trump's unexpectedly conciliatory comments regarding China, as well as the launch of the earnings season. After initially announcing a 100% import tariff and new export restrictions on "any and all critical software" effective November 1, in retaliation for Beijing's limitations on rare earth exports, Trump signaled a potential easing of his tariff strategy against China. Politically, French President Emmanuel Macron responded to a growing political crisis by unveiling a new cabinet, while retaining Prime Minister Sébastien Lecornu. In the corporate sphere, sectors such as automobiles, technology, and retail led the gains.