Business · Markets · 9 hrs ago
DAX rises as hopes for Iran diplomacy ease oil price concerns
Germany’s DAX index rose 0.7% to 25,590 points, recovering almost all of the ground it lost the previous week.
The rise came as hopes grew for a diplomatic path in the Iran war, easing concerns in oil markets.
Saudi Arabia, Turkey and Pakistan met Iranian representatives in Tehran on Monday, and the four countries agreed to continue talks, according to Iranian state media.
Brent crude fell 0.5% to $109.60 a barrel by early evening.
Investors are also watching quarterly results from major US companies and interest-rate decisions due from the US Federal Reserve, European Central Bank and Bank of Japan.
Those results and decisions could influence investor confidence and the direction of markets.
Separately, the German stock exchange began allowing round-the-clock trading in DAX company shares.
Germany’s DAX rose 0.7% to 25,590 points as hopes for a diplomatic solution to the Iran war helped ease oil-price concerns.
Saudi Arabia, Turkey and Pakistan held talks with Iranian representatives in Tehran on Monday and agreed to continue them, according to Iranian state media.
Brent crude fell 0.5% to $109.60 a barrel by early evening.
The DAX has nearly recovered its losses from the previous week.
Investors were also watching upcoming company results and decisions by three major central banks.
- Who
- Germany’s DAX and its constituent companies were in focus.
- What
- The DAX rose 0.7% to 25,590 points. Hopes for diplomacy in the Iran war helped ease concerns about oil prices.
- When
- October 27, 2026. The diplomatic talks took place on Monday.
- Where
- The DAX is Germany’s leading stock index. The talks took place in Tehran.
- Why
- Hopes for a diplomatic solution to the Iran war eased oil-market concerns and supported the DAX.
This story does not have two clearly opposing sides.
Saudi Arabia, Turkey and Pakistan held talks with Iranian representatives in Tehran and agreed to continue them, Iranian state media reported.
The DAX rose 0.9%.
The DAX gained 0.7% to close at 25,590 points, while Brent crude fell 0.5% to $109.60 a barrel by early evening.
- DAX close
- 25,590 points
- DAX daily gain
- 0.7%
- Brent crude price
- $109.60 per barrel
- Diplomatic talks
- Saudi Arabia, Turkey and Pakistan met Iranian representatives in Tehran
- Central-bank decisions ahead
- Federal Reserve, European Central Bank and Bank of Japan
What people are saying
The financial markets face a week that could set important directions for the next price movements.
In the third quarter, business development across our Consumer business improved compared with the first half of the year.