FX.co ★ DAX on Cautious Note

Frankfurt’s DAX 40 hovered near 24,790 on Tuesday, with the index little changed as global risk appetite waned amid persistent worries over AI-driven disruption and renewed geopolitical tensions between the US and Iran ahead of high‑stakes talks. Investors also continued to digest a steady flow of corporate news while keeping a close watch on upcoming economic releases.

In macroeconomic data, Germany’s annual inflation rate was confirmed at 2.1% in January 2026, up from 1.8% in December, reinforcing the view that price pressures have picked up slightly. Market attention now shifts to the ZEW economic sentiment surveys for both Germany and the wider Eurozone, which are expected to offer fresh insight into the outlook for growth and investor confidence.

At the sector level, major technology names underperformed, with SAP and Infineon Technologies each losing around 1%, while industrial heavyweight Siemens inched 0.1% higher.