Dax Futures Live

On Wednesday, DAX Futures are exhibiting a mixed performance, as investors primarily respond to corporate earnings announcements while anticipating the Federal Reserve’s interest rate decision scheduled for later in the day. The European Central Bank is set to unveil its monetary policy on Thursday. The benchmark DAX experienced a decline of 3.19 points, reflecting a decrease of 0.01%, settling at 24,280.39 recently.

Market participants are anticipating the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping, which is set to occur tomorrow. Mercedes-Benz Group shares have experienced an increase of 5.3%. In the third quarter, Mercedes-Benz Group reported a net profit of 1.19 billion euros, reflecting a decline of 30.8% compared to the previous year’s figure of 1.72 billion euros. Looking ahead, for fiscal 2025, the company maintains its expectation that Group EBIT will be significantly lower than last year’s 13.6 billion euros, and revenues will also fall significantly short of last year’s 145.6 billion euros.

BASF is experiencing an increase of nearly 4% following the announcement of a €1.5 billion share buyback and the release of third-quarter earnings that exceeded expectations, bolstered by government grants and improvements in its Surface Technologies division. BMW has increased by 2.3%, while Volkswagen, Porsche Automobil Holding, Commerzbank, and Siemens Energy have seen gains ranging from 1% to 1.35%. Deutsche Bank has experienced a slight increase. The lender disclosed a net profit of 1.56 billion euros for the third quarter of its current fiscal year, reflecting a 7% increase from 1.46 billion euros in the corresponding quarter of the previous year. Looking forward, for fiscal 2025, the bank maintains its expectation of revenues approximately totaling 32 billion euros.

Adidas has experienced a decline of slightly more than 1%. The company has disclosed a slight uptick in third-quarter net income, now standing at 485 million euros, up from 476 million euros in the previous year. Earlier this month, the company revised its full-year financial guidance, indicating an anticipated revenue increase of approximately 9%. SAP has experienced a decline of 1.7%. MTU Aero Engines is experiencing a decline of 1.6%, while GEA Group has decreased by approximately 1%. Symrise, Rheinmetall, Allianz, Beiersdorf, Vonovia, and Munich RE have experienced declines ranging from 0.5% to 0.7%.