FX.co ★ DAX Set For Strong Q2

The DAX 40 rose 0.9% on Tuesday to move above 24,800, attempting a rebound after a two-day losing streak, driven primarily by gains in technology shares. Infineon Technologies added 2.6%, while Siemens Energy jumped 5.1% after the German energy technology group struck an upbeat tone on its order outlook during its third-quarter pre-closing conference call on Monday. At the same time, investors focused on upcoming German inflation figures, as well as US-Iran talks and remarks from central bankers at the ECB Forum in Sintra. Over the quarter, the DAX has advanced about 9.5%, though it is down roughly 1.1% for the month.