Overview

• Broker IG indicated the DAX about 0.5% lower near 24,142 at the open after Monday’s 0.4% decline to 24,273.
• President Trump said he was removing Fed Governor Lisa Cook, a step she contests as unlawful, injecting new doubt into the policy outlook.
• Asian equities fell following the announcement, with Japan’s Nikkei down 0.9% as a stronger yen pressured exporters.
• Wall Street eased Monday after last week’s rally, even as Chair Jerome Powell recently signaled a September rate cut remains possible.
• Investors eye Nvidia’s results on Wednesday, with options implying roughly a six percent swing, as a potential catalyst for broader risk sentiment.