FX.co ★ DAX Poised for Fresh Highs

The DAX in Frankfurt rose slightly above 23,600 on Tuesday, positioning itself for potential new record highs. Investors adopted a cautious approach following a generally positive session, spurred by improved trade relations between the U.S. and China. Market analysts are now focused on key data releases, notably Germany’s ZEW economic sentiment index and U.S. Consumer Price Index (CPI) figures, as these are viewed as possible indicators of the impact of tariffs introduced by President Trump on inflation trends. The healthcare, technology, and automotive sectors drove the gains. Bayer's stock surged over 11% after surpassing sales and adjusted earnings expectations in the first quarter, while still maintaining its full-year forecast despite a decline in net profit. Conversely, shares in reinsurance companies Munich Re and Hannover Re dropped 3–4% due to a decrease in first-quarter profits attributed to claims related to the wildfires in Los Angeles.