Overview
- Brent trades just above $100 a barrel after an overnight pullback, helping steady risk sentiment as WTI hovers near $94.
- The DAX adds about 0.6% to 23,821 for a multi-day rebound toward 24,000, while the MDAX rises around 1% and Japan’s Nikkei gains 2.4%.
- The Strait of Hormuz remains effectively blocked, and the US military reports using bunker‑busting munitions against protected Iranian missile positions.
- Investors await the Federal Reserve’s rate decision and Jerome Powell’s remarks, with focus on how policymakers balance energy-driven inflation risks against growth concerns.
- Aumovio lifts adjusted pre-tax profit 45.5% to €717 million despite lower revenue, TAG Immobilien tops targets and reaffirms 2026 guidance, HelloFresh falls on a weaker outlook, and Heidelberg Materials climbs after a Morgan Stanley upgrade.