
At the start of the trading week, the Dax is losing value, while the price of oil is falling and new signals are arriving from the Middle East.
AI-generated summary
The Dax had ended the previous week with gains, while US markets suffered from chip sales.
Dusseldorf. At the start of the new trading week, the leading German index gave up gains from the previous week. In the morning it was down 1.1 percent at 25,341 points.
Last week, the DAX ended around one percent up at 25,623 points, its highest level since mid-September. In the USA, however, the wave of sales in chip stocks on Wall Street shaped the stock market trend throughout the week. The S&P 500 and the Nasdaq again recorded heavy losses.
One of the key issues remains the price of oil. After the five-month high reached on Friday, the pressure eased at the start of the week. The price for a barrel (159 liters) of the reference Brent variety from the North Sea for delivery in December fell by almost two percent to around $108 in early trading. On Friday, the Brent price climbed to $110, reaching its highest level since May.
On Monday, different signals came from the crisis region in the Middle East. There were further attacks on two tankers in the Persian Gulf. In addition, the Iran-backed Houthi militia from Yemen attacked Saudi Arabia. US Energy Secretary Chris Wright, on the other hand, tried to calm minds with statements about supplies from the Persian Gulf.

After the appointment of Jürgen Klopp as the new national coach, management expert Roman Briker analyzes seven leadership lessons from Klopp's career that business managers can apply to their work.

In the USA and New York, tipping is increasingly becoming a political issue and a dispute at checkouts, delivery apps and courts, while digital payment is also changing the tipping culture in Germany.
After protests by left-wing groups in Paris, there were serious riots and looting. Business owners face enormous damage while the city and chambers of commerce promise help.

The Swiss pharmaceutical company Roche has stopped all investment decisions in Germany. Company boss Daniel Steiners criticizes the federal government's short-term austerity measures and a breach of trust.

Daniel Stelter and economist Rüdiger Bachmann discuss the importance of expectations in the economy. The occasion is the 2026 Nobel Prize in Economics winners Robert Hall and Michael Woodford.

US economists Robert Hall and Michael Woodford were awarded the Alfred Nobel Memorial Prize. Her research on consumer willingness and monetary policy illustrates the central role of expectations.