Trade Dispute and Quarterly Reporting Season Causes Losses in DAX at the Start of the Week - Mega Dam Project in China Drives up Steel Prices, Salzgitter and ThyssenKrupp Show Significant Gains - Ryanair Soars After Strong Figures, Block Sees Significant Increases After S&P 500 Inclusion!

The DAX presented morning losses on Monday after a weak trading opening, currently down -0.16% . In addition to the ongoing trade dispute between the EU and the US, which is dampening sentiment particularly among cyclicals, many market participants are holding back on larger investments as the quarterly reporting season ramps up. This week, major US companies such as Intel, Alphabet, Tesla, and Coca-Cola will present their quarterly reports, while in Europe, Thales, Deutsche Bank, SAP, MTU Aero Engines, and Deutsche Börse will disclose their...