FX.co ★ DAX Tries to Bounce Back

Frankfurt’s DAX 40 rose 0.3% to slightly above the 25,000 mark on Friday, attempting a rebound after two straight sessions of losses. Sentiment improved as oil prices retreated and the recent bond selloff showed signs of easing, while investors awaited the latest Eurozone inflation figures. At the same time, geopolitical concerns remained in focus, with the prospects of a truce between the United States and Iran appearing increasingly remote. According to the Wall Street Journal, Washington is deploying a third aircraft carrier to the Middle East, along with an additional 10,000 American troops.