German stocks moved higher on Monday as reports saying Iran has sent a peace proposal to the US aimed at easing the ongoing Middle East conflict lifted investor sentiment.
According to reports, Iran gave the United States a new proposal on reopening of the Strait of Hormuz and ending of the war, with nuclear negotiations postponed for a later stage.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.