Dax Futures

Germany’s DAX benchmark, which reflects the performance of the 40 largest companies on the Frankfurt Stock Exchange, is exhibiting a cautious stance as market participants express concerns regarding U.S. inflation data, potential disruptions related to AI, and the current earnings season. The downturn on Wall Street on Thursday negatively impacted sentiment.

The DAX index has decreased by 0.04 percent, settling at 24,817.74, down from the previous close of 24,827.83. The trading session exhibited a range, peaking at 24,890.24 and bottoming out at 24,745.74. The index reached a historic peak of 25,507.79 on January 13. In the 40-scrip index, 19 scrips are currently trading in the overnight green zone.

  • MTU Aero Engines has experienced an increase of 3.47 percent.
  • Deutsche Börse experienced a rally of 2.8 percent.
  • Rheinmetall and Merck both recorded increases exceeding 2 percent.
  • Siemens experienced a downturn, registering a decline of 3.9 percent.
  • Brenntag, Deutsche Bank, RWE, and Siemens Energy all experienced declines exceeding 2.4 percent.

The six-currency Dollar Index has strengthened above the neutral level on Friday. The index currently stands at 97.07, compared to 96.93 at the close on Thursday. The EUR/USD pair has experienced a decrease of 0.11 percent, settling at 1.1858 after fluctuating within a range of 1.1873 to 1.1847. The EUR/GBP pair is currently positioned 0.08 percent lower at 0.8708. In the context of the yen’s depreciation, the EUR/JPY pair has risen by 0.37 percent, reaching 181.92.

In the context of declining bond yields worldwide, ten-year German bond yields have decreased by 0.13 percent overnight, settling at 2.7734 percent. The yield, previously closing at 2.7770 percent, fluctuated between 2.7785 percent and 2.7602 percent during the day’s trading session.