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 Dorohina MarketCheese
Period: 27.05.2025 Expectation: 50000 pips
Buying BTCUSD amid growing institutional adoption with target 110,000
Today at 12:21 PM 34
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Period: 30.05.2025 Expectation: 5000 pips
Tesla shares correct after explosive gains
Today at 08:25 AM 24
Period: 22.05.2025 Expectation: 600 pips
AUDUSD will grow to 0.64900 amid US rating downgrade
Today at 08:20 AM 32
Gold buy
Period: 23.05.2025 Expectation: 6000 pips
US credit downgrade would send gold to 3290
Yesterday at 11:09 AM 131
Period: 26.05.2025 Expectation: 3000 pips
Fundamental factors constrain SPX's growth potential
Yesterday at 08:27 AM 53
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Period: 23.05.2025 Expectation: 700 pips
Silver will drop to 31.7 amid de-escalation of US-China relations
Yesterday at 07:55 AM 30
Go to forecasts