Overview

• DAX edges higher at the open but remains rangebound near July records, with traders reluctant to force a breakout.
• Wall Street rose modestly on Tuesday as investors awaited Nvidia’s after-hours results, a potential swing factor for global indices.
• President Trump’s announced dismissal of Fed Governor Lisa Cook, which Cook contests as unlawful, keeps questions over central‑bank independence in focus.
• Fed Chair Jerome Powell signalled a possible near‑term rate cut at Jackson Hole, with the next policy decision scheduled for mid‑September.
• A Tradegate.direct survey finds 76% of German retail investors have lost trust in US markets since Trump took office, prompting shifts into gold and bonds and some selling of US stocks.