FX.co ★ DAX Edges Higher In Cautious Trade

German stocks witnessed slight increases on Monday, as a consecutive decrease in oil prices, due to lessening geopolitical strains in the Middle East, helped assuage investors' worries about high inflation and future interest rates. The completion of 'measured' reprisals by Iran and Israel, intended to avoid any casualties, improved investors' risk appetite. It has now become apparent that neither country is interested in precipitating a war that could intensify the existing conflict.

In addition to geopolitical tensions, investors are also anticipating a series of U.S. economic data releases and crucial tech earnings reports this week for guidance on future market trends. The benchmark DAX index increased by 43 points or 0.2 percent, standing at 17,780 after a 0.6 percent drop on Friday.