FX.co ★ DAX Turns Negative

Germany's DAX index saw early gains diminish, slipping into slightly negative territory at approximately 24,060 on Thursday. This shift reflects investor scrutiny of the latest corporate earnings and economic data while they also await the European Central Bank's forthcoming decision. Market participants approached the recent trade agreement between the United States and China with caution, as major points of contention, such as semiconductor issues, remain unresolved. Meanwhile, remarks from Jerome Powell dampened expectations for a further rate cut in December. As anticipated, the German economy experienced stagnation in the third quarter of 2025 after a revised 0.2% contraction in the second quarter, according to initial estimates. Inflation data for October is expected later in the day, with analysts predicting a slight deceleration.