{"id":61570,"date":"2025-07-04T10:14:43","date_gmt":"2025-07-04T10:14:43","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/04\/dax-down-over-0-5-amid-trade-deals-uncertainty\/"},"modified":"2025-07-04T10:14:43","modified_gmt":"2025-07-04T10:14:43","slug":"dax-down-over-0-5-amid-trade-deals-uncertainty","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/04\/dax-down-over-0-5-amid-trade-deals-uncertainty\/","title":{"rendered":"DAX Down Over 0.5% Amid Trade Deals Uncertainty"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks are down in negative territory on Friday, weighed down by data showing a sharp drop in factory orders, and uncertainty over U.S. trade deals ahead of the July 9 deadline.<\/p>\n<p>The EU, which is pushing for an agreement in principle ahead of July 9, has acknowledged that a comprehensive deal is unlikely to be reached by the deadline.<\/p>\n<p>The U.S. and Vietnam have already struck deals. Also, the US and China have agreed to a truce.<\/p>\n<p>The benchmark DAX, which dropped to 23,702.50 earlier in the session, was down 132.23 points or 0.55% at  23,769.70 a little while ago. <\/p>\n<p>Siemens, Zalando, Vonovia, Volkswagen, Porsche, Deutsche Post, Brenntag, Symrise, Mercedes-Benz, Porsche Automobil Holding, BASF, Deutsche Bank, SAP and Heidelberg Materials are down 1 to 2%.<\/p>\n<p>Rheinmetall is gaining about 2.3%. E.ON is advancing 0.6%, while Merck and Infineon Technologies are up marginally.<\/p>\n<p>Data from Destatis showed Germany&#8217;s factory orders declined more than expected in May as the sharp fall in domestic demand offset the rise in orders from non-euro area economies.<\/p>\n<p>Factory orders decreased 1.4% from a month ago, Destatis reported. Orders were expected to drop 0.2% after an upwardly revised 1.6% rise in April. Excluding large-scale orders, manufacturing orders were 3.1% lower than in the previous month.<\/p>\n<p>Survey data from S&amp;P Global showed Germany&#8217;s construction sector remained in the contraction territory in June due to the deterioration in housing activity.<\/p>\n<p>The construction Purchasing Managers&#8217; Index posted 44.8 in June, up from 44.4 in May. It was the second-highest score in over two years behind April&#8217;s recent high. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Down Over 0.5% Amid Trade Deals Uncertainty<\/a><br \/>\n<br \/>2025-07-04 10:14:43<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks are down in negative territory on Friday, weighed down by data showing a sharp drop in factory orders, and uncertainty over U.S. trade deals ahead of the July&#8230;<\/p>\n","protected":false},"author":2,"featured_media":61571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-61570","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=61570"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61571"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}