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European markets react as DAX hits record high
The DAX reached a record high as sector gains lifted European markets, while currency and commodity movements reflected improving risk sentiment.
Germany’s DAX index touched a record high as sectoral gains supported European equities, while AUD/USD rebounded from key support levels. Copper prices also rallied, reflecting improved risk sentiment. Market participants attributed the move to easing inflation expectations and stabilising growth outlooks. Traders remain cautious as global markets continue to assess central bank signals and macroeconomic data releases.