FX.co ★ DAX at Fresh Record High

Frankfurt's DAX index advanced towards 23,960 on Tuesday, approaching new record levels. This movement was attributed to a reduction in geopolitical tensions and anticipation of significant trade-related developments. President Trump, following a conversation with President Putin on Monday, announced that Ukraine and Russia would commence ceasefire discussions aimed at resolving the conflict, possibly without US involvement. Additionally, investor sentiment was bolstered by a major agreement between the UK and the EU reached on Monday. Leading the gainers among individual stocks were Rheinmetall, which increased by 2.3%, followed by RWE AG with a 2% rise, Siemens Energy up 1.5%, and Vonovia advancing 1.1%.