FX.co ★ DAX Down for 2nd Day

Frankfurt’s DAX slipped 0.4% to below 24,900 on Wednesday, extending the previous session’s losses, as investors stayed cautious amid a heavy flow of quarterly earnings and ahead of key US employment data. Commerzbank was among the companies reporting, with its shares falling more than 2% after substantial restructuring charges of €562 million overshadowed its record operating result for 2025. In contrast, Siemens Energy climbed over 5% as first-quarter net profit nearly tripled, supported by record orders driven by strong demand for gas turbines and grid equipment.