The DAX rose sharply on Wednesday. At the close of Xetra trading it stood at 24,205 points, up 1.7 % from the previous day’s close. “The DAX started a strong rebound today and jumped past the 24,200‑point mark” said Andreas Lipkow, chief market analyst at CMC Markets. Investors were buoyed by reports that Iran might be willing to negotiate with the United States.
The market also reacted positively to the prospect of resuming shipping traffic through the Strait of Hormuz. “In particular, the possibility that transport insurance could be covered by the U.S. Development Finance Corporation (DFC) brings relief” Lipkow added. Earlier, many British insurers had withdrawn, which had slowed maritime traffic in the region.
Wall Street added some optimism with labor‑market data. U.S. private‑sector job creation reached 63,000, above the expected 50,000. If the New York indices hold their gains today, the DAX’s rebound could extend further toward the weekend, already recouping roughly half of yesterday’s losses.
Oil markets reflected a potential easing of Middle‑Eastern tensions, with Brent crude slipping from its highs to around $81 per barrel. The situation remains highly fragile, so the overall picture could shift quickly, keeping investors nervous across stocks, commodities, and currencies.
Despite any optimism about a diplomatic resolution on the Gulf, investors continue to react quickly to quarterly results. They sell companies that miss expectations, as seen in the shares of Adidas and Continental, where traders opted for selling rather than waiting. Lipkow noted that risk tolerance among investors remains low given the Middle‑East conflict.
The euro strengthened in the afternoon, trading at $1.1640, which means the dollar is worth €0.8591. Gold also benefited, trading at $5,154 per troy ounce (+1.3 %), equivalent to €142.35 per gram. Meanwhile, Brent crude fell again, priced at $81.07 per barrel at about 5 p.m. German time-a decline of 33 cents or 0.4 % from the close of the prior trading day.