2025.04.1107:41:51UTC+00DAX Advances for 2nd Day

On Friday, Frankfurt's DAX advanced by 0.7%, approaching the 20,700 mark, continuing its substantial rise from the previous day. This upswing follows the suspension of tariffs by both the European Union and the United States. EU representatives decided to delay their proposed retaliatory tariffs after President Trump unexpectedly halted some of the tariffs he had levied on Europe and other global partners. Despite this development, there is still some uncertainty surrounding President Trump's erratic tariff policy changes. On the domestic economic front, Germany's yearly inflation rate was confirmed at 2.2% for March 2025, a slight decrease from the previous month's 2.3%, indicating the slowest pace since last November. Among the equities, Sartorius AG, Vonovia, and Fresenius Medical Care emerged as leading performers, with gains ranging between 2% and 4.1%. Looking at the week overall, the index is expected to register a modest increase of approximately 0.2%.