FX.co ★ DAX Inches Higher In Lackluster Trade

German stock markets saw a slight increase on Monday as investors awaited the announcement of crucial inflation data from Europe and the U.S., which would provide further insight into the prospective interest rates.

The reference DAX index rose by 24 points, constituting a 0.1 percent increase, and reached 18,230 following a modest 0.2 percent rise on Friday.

Meanwhile, the euro experienced a minor surge against the dollar. Moreover, the bond yields in the Eurozone maintained their position around their lowest level in over a week.

Shares of Delivery Hero SE fell by 3 percent. The company, which specializes in food delivery, announced that Emmanuel Thomassin, its Chief Financial Officer, is set to step down from the company at the end of September. Furthermore, the firm's Supervisory Board is currently in the process of evaluating potential successors.