German stocks moved higher on Tuesday, extending gains from previous session, amid some hopes about a potential peace deal between U.S. and Iran.
Hopes about a deal between the two warning nations emerged after U.S. President Donald Trump announced a temporary pause in strike against Iran, aiming to end the conflict. Trump said there was a "very good chance" the United States could reach an agreement with Iran to prevent Tehran from obtaining a nuclear weapon.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.