The German market's benchmark index DAX gained ground in positive territory in cautious trade Monday morning, with investors following the latest developments in the Middle East and assessing U.S. President Donald Trump's threat that he would increase tariffs on EU cars and trucks to 25%.
The DAX was up 67.68 points or 0.28% at 24,360.06 a little while ago.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.