FX.co ★ DAX on Negative Note

On Tuesday, the DAX in Frankfurt declined by 0.3%, slipping below the 23,700 level. This movement came as investors anticipated the results of the Federal Reserve's two-day policy meeting, which began today. It is generally expected that the U.S. Federal Reserve will implement its first interest rate cut of 2025, with a 25-basis-point decrease already factored into market expectations. Attention was also focused on the US-China trade negotiations occurring in Spain, with discussions regarding the divestiture of TikTok being a major topic. Additionally, investors awaited the release of Germany's ZEW Economic Sentiment Index for more economic insights. In terms of stock performance, Bayer and Heidelberg Materials led the declines, dropping 2.6% and 2.4% respectively. Other notable laggards included Commerzbank, Fresenius Medical SE & Co, Symrise, Merck, Porsche Automobil Holding, and Continental, each of which fell by over 1%. Conversely, reinsurance firms Hannover Rück and Münchener Rück were the top gainers, with increases of 3.6% and 2%, respectively.