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GER40 Soars Past 25K as US-Iran Deal Plunges Oil and Eases ECB Rate Fears

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The Story

News Summary

  • Frankfurt's DAX 40 surged 1.5% past 25,000 as oil prices plummeted following a US-Iran framework agreement to reopen the Strait of Hormuz.
  • Additionally, reduced inflation concerns led money markets to scale back expectations for future ECB interest rate hikes.
Explore GER40 price history & advisor snapshot

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Stored market data

GER40 price history

25537.75 +8.26% over the displayed period

Advisor Snapshot

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