FX.co ★ DAX on Cautious Note

Germany's DAX experienced a modest uptick at Friday's opening, however, it stabilized near 23,740, indicating a cautious market sentiment. This is largely due to ongoing concerns over the high valuations of tech companies. Investors are also weighing recent corporate earnings reports from both sides of the Atlantic alongside various economic data. Notably, Germany's trade surplus has contracted to its smallest margin since October 2024, adding another layer of complexity to the economic outlook.