India, Oct. 12 -- German stocks gained notable ground in positive territory Monday morning, extending gains from the previous session, amid easing geopolitical tensions after U.S. President Donald Trump's comments that there won't be any military action against Iran before the midterm elections in the U.S.
Lower oil prices and easing bond yields contributed as well to the positive mood in the maret.
Oil prices fell on hopes of Russia-Ukraine energy ceasefire, and Trump's announcement of a deal to obtain diesel from Russia to lower fuel prices and blamed Ukraine for war and energy crisis.
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