FX.co ★ DAX Sees Little Movement

In Frankfurt, the DAX initially edged up on Tuesday but soon settled near the 24,300 mark as enthusiasm for a potential Russia-Ukraine peace agreement was balanced by a cautious outlook due to upcoming PMI data and the Jackson Hole Symposium. Reports suggest the negotiations centered around European leaders, in coordination with the United States, offering security assurances to Ukraine. Notably, Zalando led the market with an approximate 2% rise, with Commerzbank, Infineon Technologies, and Brenntag also performing well.