FX.co ★ DAX Starts Week on Higher Note, Outshines Peers

Frankfurt's DAX experienced more than a 1% increase on Monday, effectively rebounding from last Friday's declines and surpassing the performance of its regional counterparts. The uplift in investor confidence was attributed to President Trump's decision to postpone the imposition of 50% tariffs on European Union goods until July 9. This decision followed a Sunday conversation with European Commission President Ursula von der Leyen, who requested additional time to finalize a trade agreement. Leading the charge were Siemens, MTU Aero Engines, Rheinmetall, Infineon Technologies, Airbus, and Sartorius, each seeing an increase of over 2%. German automakers also showed strong results, with Mercedes-Benz rising by 1.8%, Volkswagen adding 1.7%, and BMW climbing 1.5%. In corporate developments, a report over the weekend revealed that Thyssenkrupp will hold a shareholders meeting on August 8 to secure approval for the planned spin-off of its warship division slated for later this year.