17 March | DAX

DAX leads gains among European indices amid global economic uncertainty

DAX leads gains among European indices amid global economic uncertainty

The European stock market started the week on a positive note. The German DAX index showed the best dynamics, rising by 0.34%. Meanwhile, the broader Stoxx 600 index gained 0.21%, according to ShareCast.

Investors are closely watching upcoming central bank decisions, as uncertainty in the global economy, driven by the Trump administration's trade policies, remains a key factor. Many expect central banks to maintain their current monetary policies. However, statements from regulators in major economies such as the US, UK, Japan, and Switzerland will serve as important guideposts for the markets.

Late last week, European Central Bank President Christine Lagarde expressed concerns about the economic outlook and the challenges of maintaining price stability. As reported by ShareCast, these factors are heightening tensions in financial markets, particularly amid global trade and political risks.

The DAX's gains may have also been supported by rising oil prices following the escalation of the Middle East conflict involving the US. This contributed to increased market activity, ShareCast noted.

Elena Dorokhina MarketCheese
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