Overview
- Broker IG priced the DAX about 1.1% lower at 22,404 before the Xetra start.
- Brent crude for May delivery has climbed back toward $104 a barrel.
- President Trump extended his Iran deadline to next Friday, and Tehran denied his claim of talks.
- IG said the Strait of Hormuz remains effectively closed, a chokepoint that carries about one‑fifth of global oil and liquefied gas shipments.
- Ten‑year U.S. Treasury yields hovered near 4.5%, a level Deutsche Bank flagged as sensitive for the administration and market risk appetite.