Markets

DAX Drifts Lower Ahead Of Key Inflation Data

September 02, 2025 — 04:53 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - German stocks fell sharply on Tuesday while the euro pulled back from recent highs ahead of Eurozone inflation data due later in the day.

Germany's 30-year yield climbed to a 14-year high, tracking a rise in U.S. Treasury yields ahead of key U.S. manufacturing and services activity data as well as the all-important nonfarm payrolls report, due this week.

The benchmark DAX fell 1.1 percent to 23,779 after climbing 0.6 percent on Monday.

DEUTZ shares surged nearly 6 percent. The engine manufacturer has agreed to acquire the Sobek Group, a specialist in drone propulsion systems.

Chemical company BASF was moving lower after it has extended a long-term supply contract for cathode active materials produced at its Schwarzheide facility.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Markets

Latest Articles
Data is currently not available