DAX Holds Near Three-Month Lows
2026-03-16 08:27
By
Joana Ferreira
1 min. read
Frankfurt’s DAX 40 traded little changed around 23,450 on Monday, hovering near its lowest level since late November as investors remained cautious ahead of a week packed with major central bank decisions and mounting concerns that surging energy prices linked to the Iran conflict could reignite inflationary pressures across Europe.
Israeli officials warned the war could last “several more long weeks,” while US President Donald Trump added that Tehran is “not ready” to reach a deal.
Attention is now on policy meetings at the European Central Bank and the Federal Reserve, both expected to keep rates unchanged while assessing the economic impact of the conflict.
Among individual stocks, Commerzbank jumped about 4% after UniCredit reportedly submitted a takeover bid for the German lender.
Shares of Bayer also gained roughly 2% after receiving a buy recommendation from UBS.