DAX hit by tariff drama – IFO, US orders and Nvidia in focus

The DAX has once again been overtaken by developments in the ongoing tariff dispute. Uncertainty surrounding trade policy continues to weigh on market sentiment and is limiting investors’ willingness to take on risk.

Today, attention is turning to fresh economic data. In Germany, the IFO business climate index is due for release and is expected to provide an updated snapshot of corporate sentiment. In the US, new orders data will offer further insight into the strength of industrial demand.

Alongside macroeconomic indicators, individual stocks are also in focus. Nvidia, in particular, is attracting significant attention, with market participants closely watching for any signals that could influence the broader technology sector.

Overall, the combination of trade tensions, key economic data and developments around major technology stocks is likely to shape market direction in the near term.