FX.co ★ DAX Ends on Lower Note, Posts Monthly Loss

The DAX index in Frankfurt concluded trading on Monday with a decline of approximately 0.5% to settle at 23,910, interrupting a two-day upward trend. Market participants analyzed mixed domestic economic indicators while also seeking further developments on trade discussions. Notably, German inflation figures came in lower than anticipated, decreasing to 2% year-on-year in June from 2.1% in May, contrary to predictions of a slight increase to 2.2%. Meanwhile, separate data revealed a 1.6% decline in retail sales for May, following a 0.6% decrease in April, highlighting ongoing challenges in consumer activity. In terms of trade, President Trump remarked that trade agreements are progressing, and he indicated there are no plans to extend a 90-day tariff suspension beyond its expiration on July 9, which marks the end of the designated negotiation period. Among individual stocks, Symrise experienced a significant drop of nearly 7%, while Bayer's shares fell by 5.4% after the U.S. Supreme Court sought the federal government's input regarding ongoing litigation over its subsidiary Monsanto's weedkiller. For the entirety of the month, the DAX registered a loss of close to 0.4%.