Global X DAX Germany ETF

DAX

Market cap $250M

The UK's blue-chip index advanced on Tuesday, supported by gains in mining-related shares as base metal prices strengthened, while energy stocks came under pressure following a decline in crude oil. Broader sentiment was also influenced by geopolitical developments, including renewed expectations of progress in US–Iran talks.

German retail ​sales fell ‌less than expected ​in April, ​decreasing by 0.3% ⁠compared ​with the ​previous month, data showed ​on ​Monday.

As the week starts, it looks like European traders are willing to fight back against selling pressures.

The DAX in Germany spent most of the week selling, as the interest rates around the world continue to show concerns out there as the situation in the Middle East continues to be a major factor.

Asset manager Jupiter has been buying European government bonds, particularly shorter-dated German ​debt, and reducing exposure to U.S. Treasuries ‌because they think the market is pricing in too many rate hikes from the European Central ​Bank and Bank of England.

Germany's banking regulator BaFin warned on Tuesday that cyber risks were "growing" and "substantial" due to ​advances in artificial intelligence, and announced a new ‌division will conduct targeted inspections at financial firms.

European shares fell sharply on Tuesday as fading hopes of a peace deal between the United States and Iran pushed oil prices higher and weighed on investor sentiment across the region. Markets remained under pressure after US President Donald Trump said the ceasefire with Iran was “on life support.

The prolonged conflict in the Middle East is beginning to weigh heavily on global markets, affecting currencies, fuel prices, airlines, and bond markets as investors assess the broader economic implications. From sharp declines in Asian currencies to the collapse of a low-cost US airline, the economic effects of the conflict are spreading across regions and sectors.

German property prices rose 2.2% in the ​first quarter, the VDP ‌banking association said on Monday, but it warned that it ​remains to be ​seen how turmoil in the ⁠Middle East will weigh ​on the sector.

German factory orders jumped 5% in March, lifting the DAX index to record highs and putting German equity ETFs back in focus.