DAX Starts Week in the Green

The DAX 40 rose 0.3% to around 24,740 on Monday, following previous week’s losses, underpinned by chipmakers, while the Middle East situation remains a source of uncertainty. After a tense weekend, the US and Iran agreed to suspend mutual attacks, which had signaled a resumption of hostilities, and to continue discussions on the memorandum of understanding this week. Meanwhile, attention turns to the ECB’s Sintra Forum, where leading central bankers, including Federal Reserve Chair Kevin Warsh and ECB President Christine Lagarde, , are expected to share their views on the global economic outlook and the path of monetary policy. Infineon Technologies led gains among stocks, rising more than 3%. Rheinmetall (1.6%) and Hensold (1.9%) also moved higher.

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