The German stock market’s record-breaking rally shows no signs of slowing down. As the DAX pushes past the 22,000-point mark, investors are keeping a close eye on upcoming economic data that could influence market sentiment.

DAX Hits Another Milestone

The DAX is expected to continue its impressive run midweek, with pre-market indicators suggesting that the index could climb above 22,100 points for the first time. IG Brokers projected a 0.3% increase, placing the benchmark German index at 22,108 points. Just a day earlier, the DAX had crossed the 22,000 mark for the first time in its history.

Strong Technical Signals for Further Gains

Breaking into uncharted technical territory, the DAX is sending a powerful buy signal—one of the most significant indicators in technical analysis. With the upward trend firmly intact, analysts see potential for further gains as investors remain optimistic about market momentum.

Hong Kong Stocks Reach Multi-Month Highs

Support for the DAX rally is also coming from Asia. In Hong Kong, the Hang Seng Index surged 1.9% in early trading, fueled by strong gains in electric vehicle giant BYD and e-commerce leader Alibaba. The rally briefly pushed the index to its highest level since October.

Mixed Performance Across Asian Markets

Elsewhere in Asia, market movements were more subdued. The Nikkei 225 in Tokyo edged up 0.3% in late trading, while the CSI 300 index, which tracks key mainland Chinese stocks, gained 0.1%. The Shanghai Stock Exchange posted a modest increase of 0.2%.

Wall Street Ends on a Mixed Note

U.S. markets showed no clear direction in Tuesday’s session. The Dow Jones Industrial Average closed up 0.3% at 44,593 points, while the broader S&P 500 remained nearly flat at 6,068. Meanwhile, the tech-heavy Nasdaq slipped 0.4% to settle at 19,643 points.

All Eyes on U.S. Inflation Data

Investors are proceeding with caution as they await key U.S. inflation figures scheduled for release in the early afternoon. The data could provide crucial insights into the Federal Reserve’s future monetary policy. Fed Chair Jerome Powell recently signaled patience regarding potential interest rate cuts, which could shape market expectations in the coming weeks.

Dollar’s Rally Takes a Breather

The U.S. dollar, which has been on an upward trajectory due to recent tariff measures, lost some momentum midweek. While the greenback made slight gains against the yen, it remained stable against the euro, hovering at $1.0359 in early morning trading.

Gold Retreats Below $2,900

Gold prices pulled back from record highs, declining 0.4% to $2,887 per ounce. This dip comes after the precious metal hit an all-time high of $2,942.71 just a day earlier. Despite the pullback, market analysts remain bullish on gold’s long-term prospects.

As global markets continue their upward trajectory, investors are weighing the impact of upcoming economic data and central bank policies. With inflation, interest rates, and currency movements in focus, the next few sessions could prove critical in shaping market sentiment.