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FX.co ★ DAX Remains Cautious

DAX Remains Cautious

On Friday afternoon, the DAX in Frankfurt remained cautiously optimistic, rising 0.1% to approximately 23,790. Market participants were weighing the latest US employment figures alongside President Trump's recent tariff announcements. The weaker-than-anticipated nonfarm payrolls report indicated a persisting slowdown in hiring within the United States, reinforcing forecasts of impending interest rate reductions by the Federal Reserve. Additionally, President Trump announced plans on Thursday to impose "fairly substantial" tariffs on semiconductors and other computer chips in the near future.

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