14 March | DAX

DAX Index trends upward amid trade tensions and corporate contrasts

DAX Index trends upward amid trade tensions and corporate contrasts

On Friday, the Frankfurt DAX fluctuated within a narrow range but maintained an upward trend. Traders remain cautiously optimistic despite a challenging market environment. The escalation of trade tensions was triggered by Donald Trump's announcement of potential 200% tariffs on wine and spirits exports from the EU, in response to European duties on U.S. whiskey. Trump also confirmed that steel and aluminum tariffs, set to take effect on April 2, will remain in place.

Meanwhile, internal divisions are growing in Germany. Lawmakers are criticizing the spending plans of incoming Chancellor Friedrich Merz. His proposal to co-finance defense and infrastructure projects has been deemed insufficient by the Green Party.

On the corporate front, the market is receiving support from mixed performances. Shares of Daimler Truck rose more than 3% following strong quarterly results and an optimistic outlook. Conversely, BMW shares fell 4% after reporting a 34% profit decline and a weak margin forecast for 2025, according to Trading Economics.

Elena Dorokhina MarketCheese
Period: 25.07.2025 Expectation: 440 pips
AUDCAD gains on technical bounce and improved sentiment in commodity markets
Yesterday at 10:05 AM 28
Period: 25.07.2025 Expectation: 1700 pips
GBPUSD struggles to regain momentum as uptrend breaks
Yesterday at 09:14 AM 26
Period: 25.07.2025 Expectation: 222 pips
Buying natural gas with target at 3.780 amid record heatwaves in US and Asia
17 July 2025 62
Period: 25.07.2025 Expectation: 15000 pips
ETHUSD rally accelerates as US moves forward with crypto legislation
17 July 2025 65
Period: 23.07.2025 Expectation: 600 pips
USDCAD gains strength amid dollar rally and falling oil prices
16 July 2025 86
Period: 25.07.2025 Expectation: 1000 pips
Nvidia's return to China pushes shares toward 180 level
16 July 2025 78
Go to forecasts