DAX 40 rises 0.3% above 25,000 as investors await Eurozone inflation

  • DAX 40 gained 0.3% to just above 25,000 on Friday.
  • Markets received relief from lower oil prices and an easing bond selloff.
  • Washington is sending a third aircraft carrier and 10,000 additional troops, the Wall Street Journal reported.

Frankfurt’s DAX 40 rose 0.3% to just above 25,000 on Friday, seeking to recover from two consecutive sessions of losses. Lower oil prices and a slowdown in the bond selloff helped ease pressure on markets, while investors awaited Eurozone inflation data for indications of the European Central Bank’s next policy moves. Geopolitical concerns persisted in the Middle East, where prospects for a truce between the United States and Iran appeared increasingly remote. The Wall Street Journal reported that Washington is sending a third aircraft carrier to the region, together with an additional 10,000 American troops.

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