FX.co ★ DAX Tries to Recover

On Tuesday, Frankfurt's DAX saw a slight increase, trading just above the 24,000 mark, recovering from the previous day's losses. The market remains cautious due to ongoing global trade uncertainties, stemming from President Trump's announcement of a 50% tariff hike on aluminum and steel starting June 4. The White House, however, has maintained an optimistic stance regarding negotiations with Europe and indicated that President Trump is likely to hold a discussion with Chinese President Xi Jinping in the coming days. European investors are also anticipating the latest eurozone inflation data, expected later this morning, which may provide insights before the European Central Bank's anticipated 25 basis point rate cut on Thursday. Individual stocks making notable gains included Vonovia, MTU Aero Engines, and Deutsche Telekom.