Overview

• The DAX was indicated about 0.3% higher near 23,799 after falling 0.4% to 23,718 the prior session, extending a sideways stretch below 24,000.
• US equities advanced again, with the Dow up 0.4%, the S&P 500 up 0.3% and the Nasdaq up 0.4% to 21,879, supported by expectations of easier Fed policy.
• CME FedWatch shows roughly 91.6% odds of a 25-basis-point September cut and 8.4% for 50 bps, with US producer and consumer inflation data still to come this week.
• Gold hovered near a record around $3,642 per ounce and Brent crude rose to about $67, reflecting heightened geopolitical tensions alongside a modest OPEC+ supply increase from October.
• Corporate movers included Deutz raising about €131 million to fund a drone acquisition, Rheinmetall stating a Skyranger deal for Ukraine would be signed at DSEI with first deliveries this year, and reports of a $17 billion SpaceX purchase of EchoStar frequencies as Nebius shares jumped on a reported Microsoft deal.