FX.co ★ DAX Cautiously Higher

Frankfurt’s DAX 40 climbed 0.5% to around 24,500 on Tuesday, rebounding after a weak start to the week. The advance was supported by growing hopes for renewed talks between Washington and Tehran and a potential reopening of the Strait of Hormuz. US officials have signaled cautious optimism that negotiations with Iran will resume in Pakistan, despite lingering uncertainty ahead of the ceasefire deadline. Sentiment was further lifted by renewed enthusiasm for AI-related prospects.

In corporate moves, chemicals distributor Brenntag led the index, gaining 2.2%, while Symrise added 1.8%. RWE, SAP and Allianz were also among the strongest performers, each rising around 1.3%. On the downside, Beiersdorf underperformed, slipping 1.3% after reporting a decline in quarterly sales.