FX.co ★ DAX Rebounds Sharply

Frankfurt’s DAX 40 rebounded into positive territory, climbing 2.6% to move above the 22,900 mark and outpacing other major European benchmarks. The upswing followed reports of a possible easing of tensions between Washington and Tehran, after US President Donald Trump said the United States and Iran had held “very good and productive” talks and announced a five-day suspension of planned strikes on Iranian power plants and energy infrastructure.

The advance was broad-based, with industrial, technology, and financial shares leading the move higher. Siemens Energy and Siemens were the strongest performers on the index, gaining 6.4% and 5.3%, respectively. Other notable risers included Brenntag, Infineon, Airbus, Commerzbank, and Heidelberg Materials, which added between 3.8% and 4.8%.