Forex

DAX 40 Suffers Largest Weekly Decline Since April Amid ECB Rate Hike and Oil Price Pressure

Guavy AI Editorial Team Published September 13, 2026

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EUR

The DAX 40 index closed at 25,568.56 after falling 1.83% in the week, marking its largest weekly decline since April.

The European Central Bank's interest rate hike and elevated oil prices weighed heavily on German equities.

Despite a relief rally on Friday that saw the index rise 0.82%, losses were concentrated in chemicals, defense, and software names, with BASF, Rheinmetall, and SAP leading decliners.

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