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FX.co ★ DAX at Over 1-Week High

DAX at Over 1-Week High

Frankfurt’s DAX 40 climbed roughly 0.5%, moving above 23,800 to its highest level in more than a week and extending its winning streak to a third session. Sentiment was supported by a pullback in oil prices, while investors remained focused on forthcoming policy decisions from major central banks, including the US Federal Reserve later in the day.

Gains were led by heavyweight industrials. Cement producer Heidelberg Materials advanced 3.5% after Morgan Stanley upgraded the stock by two notches, shifting its rating from “underweight” to “overweight.”

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