FX.co ★ DAX at 2-Week Low

On Friday, Germany's DAX index experienced a decline of 0.4%, dipping below 24,030 to reach its lowest point in two weeks. This downturn came as investors assessed the impacts of recent central bank meetings, developments in US-China trade relations, and an influx of corporate and economic data. Attention now turns to the Eurozone inflation data being released today, which may inform future actions by the European Central Bank. Among the stocks, Deutsche Telekom and Adidas were among the biggest losers, each dropping 1.3%, followed by Hannover Ruck, down by 1%, and Scout24, which fell by 0.9%. Conversely, Commerzbank outperformed with a 1% gain, while Merck, Volkswagen, and Siemens Energy saw increases of 0.9%, 0.6%, and 0.4%, respectively. For the week, the DAX is projected to see a decline of roughly 0.9%, despite showing a 0.6% increase for the month of October.