FX.co ★ DAX Ends at Over 1-Week Low

Germany's market dipped into negative territory, finishing approximately 1.2% lower at 23,591 on Monday. This marks the lowest level since November 7, and it notably trailed behind other regional indices. Investor caution was evident as the market awaited upcoming US economic data and much-anticipated earnings from US tech giant Nvidia. Additionally, uncertainties regarding a potential Federal Reserve rate cut in December contributed to the market's subdued performance. Among the notable decliners, Siemens AG saw a 2.8% drop, followed by Commerzbank at 2.7%, Siemens Healthineers at 2.5%, Zalando at 2.2%, Infineon Technologies at 2.1%, and Deutsche Post at 2%. In contrast, gains were made by Heidelberg Materials, rising by 1.7%, Airbus by 1.2%, and both Rheinmetall and Siemens Energy, each advancing by 1.1%.