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European Market Updates

DAX Up Nearly 1% Around Noon; Delivery Hero Up Sharply

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

German stocks are up firmly in positive territory around noon on Friday, lifting the benchmark DAX to a near 7-week high.

The mood in the market is a bit bullish amid optimism about an end to the U.S.-Iran conflict sometime soon. According to reports, peace talks between the warring nations are likely to resume this weekend.

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Market Analysis

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.