FX.co ★ DAX Remains in the Red

Germany's DAX index remained under pressure on Thursday afternoon, dipping below the 24,100 mark. This occurred in the wake of the European Central Bank's anticipated decision to keep interest rates steady. Concurrently, investors evaluated new corporate earnings and significant European data, while also considering the implications of the U.S.-China trade agreement. Domestically, preliminary data indicated that Germany's inflation rate slightly decreased to 2.3% in October 2025, down from 2.4% in the previous month, yet it stayed above market predictions of 2.2%. On a separate note, the German economy stagnated during the third quarter of 2025, following an upwardly revised 0.2% contraction in the second quarter. In terms of individual stocks, Deutsche Telekom saw notable losses amidst concerns regarding its subsidiary T-Mobile US, following Verizon's announcement of plans to re-enter the U.S. market. Volkswagen declined nearly 2% after disclosing its first quarterly loss in five years. Conversely, Airbus climbed almost 3% after reporting strong third-quarter results and confirming its 2025 outlook.