The German stock market's benchmark index DAX moved modestly higher in cautious trade on Friday with investors reacting to the abrupt cancellation of U.S.-Iran peace talks, scheduled to be held in Switzerland.
The cancellation has led to some uncertainty about the two nations securing a lasting peace truce in the Middle East conflict.
The DAX, which climbed to 25,176.56 earlier, was up 82.87 points or 0.33% at 25,110.93 a little while ago.
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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.