The Dax is expected to start Tuesday's session little changed, according to price action in the futures markets. On Monday, the German benchmark index closed 0.6 percent lower at 24,616 points. A renewed escalation in the Iran conflict had briefly pushed oil prices up by more than five percent, weighing on European equity markets. Meanwhile, on Wall Street, a recovery in technology stocks lifted the mood. Investor relief was further supported by the fact that Iran and Israel ceased their reciprocal attacks.

Investors continue to monitor developments in the Middle East. China surprised with robust trade data. The People's Republic's exports rose more sharply than expected in May, driven by strong demand for semiconductors and Artificial Intelligence (AI) hardware, as well as front-loaded orders from abroad. Compared to the same month last year, exports surged by 19.4 percent. Imports also grew more than anticipated, posting a 27.4 percent increase. Later this morning, investors will focus on German industrial production figures, which will provide insights into the health of the German economy.

At the aviation summit in Berlin, high-ranking industry representatives, including the CEOs of Airbus and Rolls-Royce, are meeting to discuss the sector's future. Boeing is also set to release its order and delivery figures for May. After the European market close, US software giant Oracle will publish its quarterly results, which could trigger movement in SAP shares the following day.

Closing levels of European Level  

Stock Indices and

-Futures on Monday

Dax 24,616.22    

EuroStoxx50 6,062.29    

EuroStoxx50-Future 6,078.00    

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Closing levels of Level Change in

US Indices on Monday Percent

Dow Jones 50,786.01   -0.2%  

Nasdaq 

S&P 500  7,405.73   +0.3%  

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Asian Indices on Price at 07:00 Change in

Tuesday CET Percent

Nikkei 

Shanghai 3,979.68   +0.5%  

Hang Seng 24,646.21   -0.0%  

(Report by Stefanie Geiger, edited by Christian Götz. For inquiries, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and economics) or frankfurt.newsroom@thomsonreuters.com (for companies and markets)