FX.co ★ DAX Surges on Peace Hopes

Frankfurt’s DAX 40 surged 2.5% to move above 23,200 in the first trading session of April, rebounding after its weakest month since March 2020. Global markets were lifted by renewed optimism over a possible resolution to the Iran conflict, following President Trump’s indication that US troops could be withdrawn in the coming weeks, regardless of whether a formal agreement is reached. Gains were broad-based across most sectors, with energy-sensitive industrials, banks, and technology shares particularly strong. Siemens Energy and Siemens led the advance, rising 6% and 4.6%, respectively. Airbus, Infineon, Continental, and MTU Aero Engines added between 3.5% and 4.3%, while Commerzbank and Deutsche Bank each gained more than 4%.