FX.co ★ DAX Attempts to Recover

Frankfurt’s DAX 40 climbed more than 1% toward the 23,100 mark on Friday, attempting to rebound from the sharp decline recorded the previous session, as easing oil prices fueled hopes of a de-escalation in the Middle East conflict. At the same time, investors continued to assess the cautious stance adopted by major central banks, particularly the ECB and the Federal Reserve. Technology shares and bank stocks were among the strongest performers.