DAX Expected to Open Lower - Focus on Economic Trends and Ukraine

The DAX is set to open Monday's trading with losses, according to developments in the futures markets.

On Friday, Germany's leading index closed up 0.3 percent at 23,836.79 points. Renewed bets on a US Federal Reserve interest rate cut in December once again fueled gains on stock markets on both sides of the Atlantic.

As the new week begins, investors are awaiting the release of manufacturing purchasing managers' indices for Germany, the Eurozone, and the United States for November. In China, sentiment in the manufacturing sector unexpectedly deteriorated last month, according to data published earlier this morning. Meanwhile, Germany's Federal Statistical Office is set to release passenger numbers at German airports for the peak travel season from April to October.

Market participants continue to monitor efforts to end the war in Ukraine. Representatives from the United States and Ukraine on Sunday described their talks over a peace agreement with Russia as productive. US Special Envoy Steve Witkoff is expected to meet with Russian officials later this week.

Closing Prices of European Stock Indices and Futures on Friday

DAX: 23,836.79
EuroStoxx50: 5,668.17
EuroStoxx50 Future: 5,674.00

Closing Prices of US Indices on Friday (Change in Percent)

Dow Jones: 47,716.42   +0.6%
S&P 500: 6,849.09   +0.5%

Asian Indices as of 07:00 (Change in Percent)

Nikkei: 49,295.89   -1.9%
Shanghai: 3,905.86   +0.4%
Hang Seng: 26,012.63   +0.6%

(Reporting by Sanne Schimanski and Anika Ross, edited by Ralf Banser. For inquiries, contact our editorial team at [e-mail] (for politics and economics) or [e-mail] (for companies and markets).)