29 August 2025, 11:13 Germany: DAX Extends Losses.
The DAX in Frankfurt fell 0.2% to trade below 24,000 on Friday, set for a fifth day of decreases, in a session dominated by key inflation figures from Europe and the US. On the domestic data front, German unemployment fell unexpectedly in August, marking the first decline since December 2022. Attention now shifts to the preliminary August inflation data, due later today. On the trade front, the EU formally proposed on Thursday the removal of tariffs on US industrial goods, a key White House condition for lowering automobile tariffs on European imports.
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