FX.co ★ DAX on Cautious Note

The DAX 40 hovered between flat and slightly lower, settling around 25,275 on Thursday. Traders exhibited caution as they assessed new economic data, corporate developments, and geopolitical situations. Domestically, recent figures revealed a 0.2% growth in the German economy in 2025, signaling a recovery from the downturns of 2024 and 2023. Geopolitically, President Donald Trump moderated his position regarding Iran, thereby decreasing the chances of an immediate U.S. military intervention. Concurrently, European leaders reaffirmed their commitment to protect Greenland against the interest from the White House. In the equities market, Fresenius SE & Co fell by 2.3% and Deutsche Telekom decreased by 1.7%, marking them as the leading decliners. Conversely, RWE rose by 1.9%, Siemens Energy advanced by 1.7%, and E.ON increased by 1.6%, identifying them as high performers. Retailers also experienced gains, with Adidas climbing 1.6% and Zalando up by 1.2%, buoyed by a strong sales report from industry peer Richemont.