FX.co ★ DAX Falls on Friday

Germany's DAX index saw a slight decrease on Friday, settling near 23,800 points, in line with declines seen in other regional markets. Investor sentiment was affected by global trade concerns. President Donald Trump announced his intention to dispatch letters to countries involved, outlining new tariff plans, possibly as soon as today, as negotiations approach their crucial phase. So far, the U.S. administration has secured agreements with the UK and Vietnam and has established a temporary truce with China, leading to a mutual reduction in tariffs between the two largest economies. Meanwhile, the European Union is striving to reach an 'agreement in principle' by July 9, though it acknowledges that a detailed agreement is unlikely to be finalized by this date.