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FX.co ★ DAX Cautiously Higher

DAX Cautiously Higher

Frankfurt’s DAX 40 edged higher in the first session of the week, trading around 24,980, as risk appetite improved on easing concerns over artificial intelligence and growing expectations of interest rate cuts by the US Federal Reserve. Investors are now focused on Wednesday’s release of the FOMC minutes for clues on the central bank’s next policy steps. Banking and financial stocks rebounded, while defense shares advanced in the wake of the Munich Security Conference, where leaders reiterated calls for increased military spending and greater strategic autonomy, including discussions on a joint nuclear shield. Commerzbank and Deutsche Bank were among the top performers, each gaining about 1.8%.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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