Eurozone Economic Data Steadies Market; Daimler Truck Holding Gains Ground

Investor sentiment in German equity markets showed restraint on Wednesday, with traders keeping a cautious stance ahead of key developments including Nvidia’s earnings announcement, Federal Reserve meeting minutes, and U.S. employment figures. The DAX index demonstrated modest resilience, climbing 22.55 points to reach 23,195.60, reflecting a 0.1% gain. This measured performance underscored the prevailing wait-and-see approach as market participants digest incoming macroeconomic signals.

Among individual equities, Daimler Truck Holding led gainers with an approximately 3.5% advance, signaling investor confidence in the commercial vehicle sector. Supporting the broader upside, Siemens Energy rose 2.4%, while Qiagen and Zalando posted gains of 2% and 1.75% respectively. Financial and utility stocks also contributed to the day’s momentum, with Deutsche Telekom, Deutsche Bank, Commerzbank and Henkel each registering advances between 0.5% and 1%.

Downward pressure materialized across several heavyweight sectors, with Merck declining 1.7% and Bayer sliding 1%. Technology and industrial players including Infineon Technologies, Volkswagen, Siemens Healthineers and Porsche Automobil Holding faced headwinds, while RWE and Munich RE also traded lower.

On the macroeconomic front, Eurostat data revealed the Eurozone’s annual inflation rate holding steady at 2.1% for October, a marginal pullback from September’s 2.2%, maintaining alignment with the European Central Bank’s 2% target. Germany’s inflation eased to 2.3% in October from 2.4% previously, demonstrating consistent disinflation. France experienced more pronounced relief, with inflation compressing to 0.8% from 1.1% month-on-month.

European Central Bank statistics showed the Eurozone current account surplus contracting to €38.1 billion in September 2025, down from €43.5 billion a year prior. Trade flows revealed mixed dynamics, with exports accelerating 6.7% to €250.0 billion while imports expanded at a more measured 4.4% pace to €215.9 billion, suggesting moderating demand pressures across the bloc.