DAX Under Pressure: New US Tariffs and Their Impact
The current market situation surrounding the DAX is characterized by new tariff threats from the USA, which are set to come into effect on August 1 and particularly affect Asian and African countries. This development also impacts European markets and brings uncertainty for private investors and savers, which could potentially lead to price declines.
Market Movements and Current Situation
- DAX Weaker After Record High: After the DAX recently reached a new record high, it is currently trading slightly weaker at around 24,456 points.
- Tariff Threats as a Defining Theme: The announcement of new US tariffs puts pressure on the DAX. A slight weakness was observed just before the stock market opened on July 11.
- Support Levels: Initial potential support zones are at 24,345 and 24,275 points – if the index falls below these, weakness could intensify.
Technical Analysis and Outlook
- Long Signal Still Active: Despite short-term consolidation, the long signal for the DAX remains; technically, there is still potential for an increase.
- Stops Being Adjusted: Investors already in the market are raising their stops above the recent downtrend to limit losses.
- Important Defense Levels: The DAX should be able to hold the level of around 24,420 to avoid a fall.
Fundamental Influencing Factors
A conciliatory agreement between the USA and the EU could reignite investors’ risk appetite and provide positive impulses for the DAX. Despite the announced coming into force on August 1, there is still room for negotiation, which is interpreted as a concrete negotiating offer.
Significance for Private Investors
For private investors, this situation means increased volatility and the importance of risk management. Setting stop-loss limits helps to contain losses in the event of further price declines. Despite existing risks, opportunities also arise as long as key support levels can be maintained.
“Certainly, a conciliatory agreement between the USA and the EU in the tariff dispute is likely to reignite investors’ appetite for risk.”
— Wallstreet Online (11.07.2025)
Conclusion
The rally of the DAX is at a potential turning point: New US tariffs are putting short-term pressure on prices; at the same time, technically positive signals remain as long as key support zones can be held. Private investors should vigilantly monitor developments at important chart markers and political news.