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2025.10.0908:01:22UTC+00DAX Hits Fresh Highs

Germany's DAX index experienced a 0.3% increase, surpassing 24,600 on Thursday, marking new record highs. This upward movement was fueled by anticipation of reductions in US interest rates and optimistic expectations regarding a decrease in geopolitical tensions. Insights from the Federal Reserve’s September meeting minutes reveal that policymakers are considering additional rate cuts this year, despite maintaining a generally cautious outlook. On the international stage, US President Donald Trump announced that the Gaza peace plan, which includes the release of hostages, is set to be signed today. In contrast, political uncertainties persist in France, where efforts to establish a coalition government continue, as President Emmanuel Macron commits to appointing a new prime minister by Friday. Among individual stocks, Bayer led the advances, rising more than 2% following the release of promising 36-month Phase I data for its Parkinson’s cell therapy, bemdaneprocel. Other notable performers included BASF and Henkel, each increasing by more than 1%, alongside Siemens Energy, which also saw a rise of over 1% after receiving a favorable review from RBC.

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