30 p..m., a 0.2 % drop from Friday’s close.
Market analyst Andreas Lipkow noted that investors at the start of the week are looking at both precious‑metal price movements and the upcoming earnings season, which will also add momentum for the DAX’s heavyweight constituents. He added that the US Federal Reserve meeting and further quarterly results from major U.S. tech companies are on the agenda.
“Participants are likely to play defensively and will wait to see the facts unfold” Lipkow said. The DAX reflects that stance, with only 15 companies in the profit zone. Bank shares lead the winners, supported by stocks from Heidelberg Materials, Adidas, and EON.
The euro weakened on Monday afternoon: one euro fetched 1.1854 U.S. dollars, while one dollar traded at 0.8436 euros.
Gold continued its rally, trading near the all‑time high set earlier in the morning. A fine ounce fetched $5,092, up 2.2 % from the previous close-equivalent to €138.11 per gram.
Brent oil ticked up slightly. At 12:30 p.m., a barrel of North Sea Brent was at $66.07, 19 cents, or 0.3 %, above the previous day’s closing price.