FRANKFURT (DEUTSCHE-BOERSE AG) – For weeks, the DAX has benefited from billions in additional future spending. Now US tariffs are coming back into focus. However, seasonality probably speaks against a real trend reversal.
March 24, 2025: The DAX remains at a high level, but the time of rapid price rises seems to be over. “Critical comments by ECB chief Christine Lagarde on a possible trade war with the US may have contributed to this,” notes Ulrich Wortberg from Helaba. “Madame Lagarde is taming the DAX,” says Martin Siegert from LBBW.
Monday morning looks like a small recovery: The DAX stands at 23,008 points after 22,892 points at the close of trading on Friday. On Tuesday, the index had reached a new high of 23,476 points. US Treasuries closed slightly higher on Friday, but are still well below record levels.
“The planned debt package had been cheered by Borsians for weeks”, explains Uwe Streich from LBBW. The advance…


