FX.co ★ DAX Deepens Losses

Frankfurt’s DAX experienced further declines, trading nearly 2% lower near the 22,000 mark on Monday, reaching its lowest point since February 10. This drop reflected broader sell-offs across both European and global markets. Market sentiment dampened following comments from US President Donald Trump, who suggested that upcoming "reciprocal" tariffs could potentially affect "all countries." The lack of clarity regarding the extent and impact of these tariffs added to the negative market mood. In economic news, Germany's consumer price inflation decreased to 2.2% in March 2025, marking the lowest level since November 2024, and aligning with market expectations according to a preliminary estimate. On the corporate side, nearly all stocks declined, with Deutsche Telekom (+0.2%) as a standout exception. The index was headed toward a monthly loss exceeding 2% for March. Nonetheless, the DAX is poised to achieve an approximate 11% increase for the first quarter, primarily boosted by Germany's expansive spending initiatives.