DAX Inches Higher Ahead of Central Bank Week
2025-09-15 07:33
By
Joana Ferreira
1 min. read
Frankfurt’s DAX 40 index rose 0.4% to 23,790 on Monday, moving closer to its highest level since September 1, as investors weighed Fitch’s downgrade of France’s credit rating and looked ahead to a busy week of central bank meetings.
The US Federal Reserve is expected to cut rates by at least 25 basis points on Wednesday, amid concerns over its independence as policymakers balance a cooling labor market with tariff-driven inflation pressures.
By contrast, the Bank of England and the Bank of Japan are widely expected to leave policy unchanged.
On the corporate front, Rheinmetall gained more than 2% after striking a deal with Bremen-based shipbuilder Lürssen to acquire its military division, NVL.
Airbus added over 1% after media reports suggested the company could reach an agreement as early as 2025 on a European satellite alliance with Leonardo and Thales.
Supporting the rally, RBC raised its Airbus price target from €200 to €220.