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European Commentary

DAX Down Nearly 4%; Earnings, Geopolitical News In Focus

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The German market's benchmark index DAX slipped into negative territory on Wednesday as investors reacted to a slew of earnings and other corporate news and continued to follow news from the geopolitical front.

Higher oil prices amid a lack of progress in U.S.-Iran peace efforts raised inflation concerns and weighed significantly on investor sentiment.

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Market Analysis

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.