{"id":65967,"date":"2025-10-29T09:57:11","date_gmt":"2025-10-29T09:57:11","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/10\/29\/dax-moves-in-tight-range-earnings-fed-policy-announcement-in-focus\/"},"modified":"2025-10-29T09:57:11","modified_gmt":"2025-10-29T09:57:11","slug":"dax-moves-in-tight-range-earnings-fed-policy-announcement-in-focus","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/10\/29\/dax-moves-in-tight-range-earnings-fed-policy-announcement-in-focus\/","title":{"rendered":"DAX Moves In Tight Range; Earnings, Fed Policy Announcement In Focus"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks are turning in a mixed performance on Wednesday with investors mostly reacting to corporate earnings announcements and awaiting the Federal Reserve&#8217;s interest rate decision due later in the day. The European Central Bank is scheduled to announce its monetary policy on Thursday.<\/p>\n<p>Investors are also looking ahead to the meeting of U.S. President Donald Trump and Chinese President Xi Jinping, scheduled to take place tomorrow.<\/p>\n<p>The benchmark DAX was down 3.19 points or 0.01% at 24,280.39 a little while ago.<\/p>\n<p>Mercedes-Benz Group shares are up 5.3%. Mercedes-Benz Group&#8217;s net profit dropped to 1.19 billion euros in the third quarter, down 30.8 from last year&#8217;s 1.72 billion euros. Looking ahead, for fiscal 2025, the company continues to expect Group EBIT significantly below last year&#8217;s 13.6 billion euros, and revenues significantly below last year&#8217;s 145.6 billion euros.<\/p>\n<p>BASF is gaining nearly 4% after the company announced a \u20ac1.5 billion share buyback and reported stronger-than-expected third-quarter earnings, helped by government grants and gains in its Surface Technologies division.<\/p>\n<p>BMW is up 2.3%, Volkswagen, Porsche Automobil Holding, Commerzbank and Siemens Energy are gaining 1 to 1.35%.<\/p>\n<p>Deutsche Bank is up marginally. The lender reported a net profit of 1.56 billion euros for the third quarter of its current fiscal year, up 7% compared to 1.46 billion euros in the year-ago quarter. Looking ahead, for fiscal 2025, the bank continues to expect revenues of around 32 billion euros.<\/p>\n<p>Adidas is down by a little over 1%. The company has reported a marginal increase in third-quarter net income at 485 million euros, compared to 476 million euros, a year ago. Earlier this month, the company upgraded full-year financial guidance, saying it expects around 9% increase in revenue.<\/p>\n<p>SAP is down 1.7%. MTU Aero Engines is declining by 1.6% and GEA Group is down by about 1%. Symrise, Rheinmetall, Allianz, Beiersdorf, Vonovia and Munich RE are down 0.5 to 0.7%. <\/p>\n<\/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 Moves In Tight Range; Earnings, Fed Policy Announcement In Focus<\/a><br \/>\n<br \/>2025-10-29 09:57:11<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks are turning in a mixed performance on Wednesday with investors mostly reacting to corporate earnings announcements and awaiting the Federal Reserve&#8217;s interest rate decision due later in the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":65968,"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-65967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/65967","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=65967"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/65967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/65968"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=65967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=65967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=65967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}