The German stock market gained good ground in positive territory on Wednesday amid optimism over U.S. and Iran striking a peace deal following U.S. President Donald Trump's announcement of a temporary suspension of "Project Freedom" in order to resume negotiations with Iran.
Investors also digested a slew of earnings announcements from leading German companies.
The benchmark DAX was up 648.30 points or 2.65% at 25,040.57 a little while ago.
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Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.