FX.co ★ DAX Finishes at Over 2-Month High

On Monday, the DAX in Frankfurt showed an uncertain trajectory but closed slightly higher at 24,365, marking its strongest point since November 12. Investors were attentive to geopolitical developments and eagerly awaited the release of the Federal Reserve's latest meeting minutes for insights into the future direction of US monetary policy. Following weekend discussions, President Trump and Ukrainian President Volodymyr Zelenskyy reported considerable progress on a 20-point agenda, although significant matters concerning territory, ceasefire conditions, and Ukrainian compliance remain unresolved. In the equity market, Adidas emerged as a leader, climbing 2.3%, with other notable advances from Continental (+2%), Vonovia (+1.4%), BASF (+1.3%), Bayer (+1.2%), Merck (+1.2%), and Zalando (+1.1%). Conversely, defense-related stocks such as Hensoldt (-1.2%), Rheinmetall (-0.9%), and Renk (-0.5%) faced downward pressure, and Deutsche Bank experienced a decline of over 1.5%.