2026.03.1608:27:16UTC+00DAX Holds Near Three-Month Lows

Frankfurt’s DAX 40 was little changed around 23,450 on Monday, hovering near its lowest level since late November as investors stayed cautious ahead of a week packed with major central bank decisions and amid growing concern that surging energy prices linked to the Iran conflict could reignite inflationary pressures across Europe. Israeli officials warned the war could last “several more long weeks,” while US President Donald Trump said Tehran is “not ready” to reach a deal. Markets are now focused on upcoming policy meetings at the European Central Bank and the Federal Reserve, both widely expected to leave interest rates unchanged while evaluating the conflict’s impact on the global economy. On the corporate front, Commerzbank climbed about 4% after reports that UniCredit had submitted a takeover bid for the German lender, while Bayer shares added roughly 2% following a buy recommendation from UBS.