As the DAX index faced a decline of 0.61% on July 4, mounting uncertainties in EU-US trade negotiations contributed to the downturn. With President Trump’s new tariff deadline set for August 1, market sentiment remains cautious. Factory data indicates rising downside risks that could further affect market dynamics. Investors must stay vigilant regarding developments in trade discussions, as these factors play a significant role in shaping market performance. Monitoring both domestic and international relations is essential for strategic decision-making.