German stocks experienced a modest increase on Monday, setting the stage for a week filled with significant earnings reports and economic data releases. Key economic indicators, including German consumer price inflation figures, preliminary GDP data, and employment statistics, are scheduled for release later in the week.
Investors are also anticipating remarks from European Central Bank Vice President Luis de Guindos, hoping for insight into the ECB's future interest rate cut strategies.
In the geopolitical arena, tensions in the Middle East have somewhat eased. Notably, recent Israeli strikes on Iran have bypassed crucial energy infrastructure, with Iran's Supreme Leader Ayatollah Ali Khamenei suggesting a restrained response.
The benchmark DAX index was up by 54 points, or 0.3%, reaching 19,517, following a 0.1% increase on Friday.
