After a strong start to the week on Tuesday, the Dax DE0008469008 is heading for an almost unchanged opening.

US President Donald Trump has postponed the deadline for imposing tariffs against several countries, including the European Union.

One hour before trading began, the X-Dax DE000A0C4CA0, an over-the-counter DAX indicator, signaled a loss of 0.05 percent to 24,063 points. This suggests that the breakout from the consolidation following the record high reached in early June will likely not be achieved. Its Eurozone counterpart, the EuroStoxx 50 EU0009658145, is also expected to remain largely unchanged.

On Monday evening, Trump postponed the deadline for new tariffs from this Wednesday to August 1 and issued more than a dozen letters with varying tariff levels to several countries. The new deadline allows more time for negotiations.

Stephen Innes of SPI Asset Management commented on the overall calm market reaction, saying that the markets have now learned to deal with Trump's rhetoric of threats and subsequent concessions. While the US stock markets paid tribute to their previous rally at the beginning of the week, Asian markets have largely been moving upwards recently.

Although Trump had announced high tariffs on imports from several Asian countries, White House spokeswoman Karoline Leavitt said that reciprocal tariffs or the new tariffs listed in the letters would go into effect—"or agreements will be reached." These countries will continue to negotiate with the United States.

Daimler Truck DE000DTR0CK8 is in the spotlight on the German stock market. The commercial vehicle manufacturer announced further share buybacks worth up to two billion euros. This is certainly positive news, according to market sources. However, some investors had apparently hoped for even more. Now they are awaiting further statements from the company at its capital markets day, which begins this afternoon. On the Tradegate trading platform, the shares showed little movement before the market opened.

Meanwhile, shares of Vossloh DE0007667107 gained 1.2 percent to €87.25, indicating a continuation of the rail and transportation technology group's recent price rally. Bank Quirin maintains its buy rating and significantly raised its price target from €58.50 to €102.00.