Overview
- DAX in Frankfurt edged up about 0.1% to roughly 24,225 in early trade on options expiry day, leaving the weekly tally slightly positive.
- The European Central Bank kept interest rates unchanged, while softer US CPI at 2.7% revived market pricing for earlier Federal Reserve cuts.
- The Bank of Japan raised its policy rate by 25 basis points to 0.75%, the highest level in about three decades.
- Technology shares drew support after Micron posted strong quarterly results and an upbeat outlook tied to AI memory demand, lifting peers including Nvidia and AMD.
- Oil prices eased toward the week’s close near $60 Brent on speculation about progress toward Ukraine talks, retracing earlier gains linked to possible new US sanctions on Russian oil.