German stocks climbed higher Tuesday morning with investors hoping that Iran and the U.S. will sign the peace deal later this week and ensure reopening of the Strait of Hormuz. The focus is also on the upcoming monetary policy meetings of the Federal Reserve and the Bank of England.
The benchmark DAX, which climbed to 25,109.96 earlier, was up 143.75 points or 0.58% at 25,047.17 a few minutes ago.
Gea Group climbed 5%. Rheinmetall moved up 2.85%, while MTU Aero Engines, Qiagen and Siemens gained 1.8%-2%.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.