FX.co ★ DAX Underperforms in Europe

The Frankfurt DAX index experienced a decline in its opening on Monday, dropping by 0.5% to dip below the 24,200 threshold after three sessions of consecutive gains. This performance lagged behind other regional markets. The downturn was primarily influenced by weakness in defense stocks, particularly Hensoldt and Rheinmetall, along with sectors such as banking, technology, and automotive. Market participants are attentively monitoring the ongoing US-China trade discussions taking place in London. Additionally, weak trade and inflation data from China have contributed to a subdued market atmosphere. In the meantime, investor focus is shifting towards soon-to-be-released US inflation figures, with the consumer price index scheduled for Wednesday, followed by the producer price index on Friday.