FRANKFURT (DEUTSCHE-BOERSE AG) – Despite a gloomy mood, the DAX manages a comeback.
August 6, 2025. Until last Thursday, one could easily have assumed that traders had moved past the so-called tariff deal between the EU and the US. However, a hangover mood reportedly set in for many market participants. Perhaps this was because an increasing number of commentators now believe the framework agreement is anything but favorable for the EU? In fact, there’s much to suggest that international capital outflows, in particular, weighed on the DAX up to last weekend. The euro’s notable decline against the US dollar at times also supports this view. Not to mention the news out of the US, where the latest jobs report and its previous revisions led to the firing of Bureau of Labor Statistics (BLS) chief Erika McEntarfer by US President Donald Trump as recently as Friday.
The pace at which traders here have seemingly grown accustomed…
