FX.co ★ DAX Attempts Rally

Frankfurt’s DAX 40 jumped more than 2% on Tuesday to move back above 23,900, snapping a three-session losing streak and tracking gains across European and global markets. Sentiment was lifted by declining oil prices, after comments from Trump suggesting a swift resolution to the Iran conflict and possible measures to stabilize energy costs. Even so, persistent risks to oil shipments through the Strait of Hormuz kept some caution in place. Every sector advanced, with technology and financial stocks leading the gains.