30 a..m., essentially mirroring yesterday’s closing level. The top of the gains list included Scout24, Brenntag, and Symrise, while Qiagen, Rheinmetall, and Siemens Energy finished at the bottom.
“After the U.S. holiday, the market remains relatively thin on Tuesday” said Andreas Lipkow, chief market analyst at CMC Markets. “In Asia most exchanges were shut for the holiday, with trading only in Japan and Australia. In Tokyo, softer-than-expected economic data weighed on the market, whereas in Australia the better-than-anticipated corporate figures from index heavyweight BHP helped lift the broader market”. Distinct signals from the United States are expected to appear later in the afternoon.
Lipkow added, “Investors are focusing more on company news this week because macroeconomic data remain sparse. While some figures may receive attention, they tend to be early‑cycle indicators”. He emphasized that the earnings reports from Walmart & Co. will be much more important. Today’s primary interest lies in the ZEW index from Germany and the Empire State index from the U.S., with quarterly earnings from Palo Alto Networks, Medtronic, and Celanese also on the radar.
The euro slipped slightly on Tuesday morning: one euro was worth 1.1835 U.S. dollars, and one U.S. dollar fetched 0.8450 euros.
Oil prices fell sharply during the same period. At 9 a.m. German time, a barrel of North Sea Brent traded at $67.93, down 72 cents or 1.1 percent from the previous day’s close.
