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
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.