{"id":68935,"date":"2026-09-01T13:29:14","date_gmt":"2026-09-01T11:29:14","guid":{"rendered":"https:\/\/www.captrader.com\/?post_type=research&#038;p=68935"},"modified":"2026-09-01T14:08:44","modified_gmt":"2026-09-01T12:08:44","slug":"dax-weekly-outlook-middle-east-risks-rate-worries-and-us-labor-market-data-in-focus","status":"publish","type":"research","link":"https:\/\/www.captrader.com\/en\/research\/dax-wochenausblick-nahostrisiken-zinssorgen-und-us-arbeitsmarktdaten-im-fokus\/","title":{"rendered":"DAX Weekly Outlook: Middle East risks, interest rate concerns, and US labor market data in focus"},"content":{"rendered":"<p>The DAX remains under pressure on Tuesday, just as it was the day before. Following the recent record-breaking rally, investors are searching for a new equilibrium amidst high valuations and changing interest rate outlooks. A mix of geopolitical thin ice, monetary policy question marks, and new spikes in energy prices is forcing investors to step back to regain a firm footing. Investors find themselves somewhere between taking profits and expecting that the drivers of the past few days will remain in place. In the coming days, the focus will be particularly on US labor market data.<\/p>\n<h2><strong>DAX<\/strong><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1385\" height=\"1089\" class=\"wp-image-68936\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/09\/word-image-68935-1.png\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/09\/word-image-68935-1.png 1385w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/09\/word-image-68935-1-300x236.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/09\/word-image-68935-1-1024x805.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/09\/word-image-68935-1-768x604.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/09\/word-image-68935-1-15x12.png 15w\" sizes=\"auto, (max-width: 1385px) 100vw, 1385px\" \/><\/p>\n<h2><strong>Possible diplomacy in the Iran conflict \u2013 but uncertainties are likely to remain<\/strong><\/h2>\n<p>Iranian President Masoud Pezeshkian has once again signaled a willingness for diplomacy in the still-deadlocked conflict with the United States. The prerequisite for this is that the US returns to the commitments agreed upon in June. After weeks of negotiations, both parties had agreed on a framework agreement in June to resolve the war.<br \/>\nAt the beginning of the week, both sides had attacked each other militarily for the first time in weeks.<\/p>\n<h2><strong>US ISM Purchasing Managers in Focus \u2013 First Preview of NFPs via JOLTs and ADP Data<\/strong><\/h2>\n<p>The economic data calendar offers several potential market drivers this week. On the US side, the ISM Purchasing Managers' Index is expected today (4:00 PM).<\/p>\n<p>The so-called \u201eJOLTs\u201c (Job Openings and Labour Turnover Survey) could also provide initial impulses regarding the US labor market, as well as the ADP employment data on Wednesday (2:15 PM).<\/p>\n<p>On Thursday, the counterpart, the ISM Purchasing Managers' Index for the services sector, will follow (4:00 PM).<\/p>\n<h2><strong>US labor market data: Economists expect job growth for August<\/strong><\/h2>\n<p>The official US employment report (Non-Farm Payrolls) will follow on Friday at 2:30 PM and is expected to provide clues for monetary policy. Economists currently expect a non-farm job increase of 58,000, following a decline of 23,000 reported in July. The unemployment rate is estimated to be 4.1 percent, unchanged from the previous month.<\/p>","protected":false},"excerpt":{"rendered":"<p>The DAX remains under pressure on Tuesday, just as it was the day before. Following the recent record-breaking rally, investors are searching for a new equilibrium amidst high valuations and changing interest rate outlooks. A mix of geopolitical thin ice, monetary policy question marks, and new spikes in energy prices is forcing investors to step back to regain a firm footing. Investors find themselves somewhere between taking profits and expecting that the drivers of the past few days will remain in place. In the coming days, the focus will be particularly on US labor market data.<\/p>","protected":false},"author":36,"featured_media":45484,"template":"","meta":{"_acf_changed":false},"research-kategorie":[4757],"class_list":["post-68935","research","type-research","status-publish","has-post-thumbnail","hentry","research-kategorie-dax-wochenausblick"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/research\/68935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/research"}],"about":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/types\/research"}],"author":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/users\/36"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media\/45484"}],"wp:attachment":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media?parent=68935"}],"wp:term":[{"taxonomy":"research-kategorie","embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/research-kategorie?post=68935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}