2026.03.3016:17:19UTC+00DAX Settles Higher

Frankfurt’s DAX 40 advanced on Monday, closing about 1.2% higher at 22,497 and ending a two-session losing streak, as investors continued to monitor developments in the Middle East. US Treasury Secretary Scott Bessent confirmed plans to reopen the Strait of Hormuz with US military or multinational naval support, while G7 ministers reiterated their commitment to safeguarding global energy markets.

At the same time, Federal Reserve Chair Jerome Powell signaled that the central bank is inclined to keep interest rates on hold, citing the nature of the shock currently hitting the global economy.

On the macroeconomic front, German inflation accelerated to 2.7% in March 2026, up from 1.9% in February and reaching its highest level since January 2024. The pickup was largely attributed to energy price pressures stemming from the ongoing US–Israeli conflict involving Iran.

In equity moves, SAP, RWE, Vonovia, and Scout24 were among the strongest performers on the DAX, each gaining more than 3%. By contrast, Siemens Energy and Commerzbank were the index’s main laggards, slipping 1.8% and 0.8%, respectively.