LONDON (Reuters) - Deutsche Bank shares jumped again on Thursday, bringing their gains to 17% in the two days since German political parties agreed a tectonic spending shift to revamp the military and revive growth.

The stock was last up 4.9% at 0903 GMT, putting them on course for their biggest two-day gain since 2011, according to LSEG data. Shares in Germany's biggest listed lender, which are at their highest in nearly a decade, had fallen 7.5% on Tuesday when the spectre of a global tariff war rattled investors.

Deutsche Bank shares have rocketed 37% so far in 2025, beating the 26% gain across European banking stocks.