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FX.co ★ DAX Retreats After Three-Day Rally

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typeContent_19130:::2025-06-06T07:55:25

DAX Retreats After Three-Day Rally

The Frankfurt DAX slightly declined to approximately 24,200 on Friday, breaking a three-day streak of gains. This dip was influenced by underwhelming domestic economic data and ongoing uncertainties surrounding global trade developments. Specifically, both German exports and industrial production did not meet expectations. In the international arena, U.S. President Trump mentioned an extensive conversation with China's President Xi Jinping, with American representatives expected to engage with Chinese trade negotiators shortly. Nevertheless, the lack of specific details maintained a sense of caution in the markets.

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