FX.co ★ DAX at Fresh Record Highs

The DAX in Frankfurt edged past the 24,950 threshold on Tuesday, reaching new record highs and marking the sixth consecutive day of gains. Investors remain attentive to geopolitical developments while evaluating recent economic data from Europe’s leading economies. Domestically, preliminary figures indicate that Germany’s inflation rate decreased to 1.8% in December, falling short of the predicted 2% and dropping below the European Central Bank's 2% target for the first time since September 2024. Additionally, a final PMI survey verified a continued slowdown in Germany’s private sector activity in December.