DAX Reaches Record High Amidst Global Economic Focus
The DAX index closed at a record high of 25,421 points on Tuesday, despite a modest gain. This marked the sixth all-time high for the index in the year 2026, wiht an intraday peak of 25,508 points. Market analysts attribute this surge to increased investment from US investors seeking opportunities in European, notably German, assets.
US Supreme Court Decisions and Economic Impact
Today’s focus shifts to the United States, where the Supreme Court is set to deliver several rulings, including a potentially pivotal decision on the legality of tariffs imposed by former President Donald Trump. This case is considered a critically important test of presidential authority and is expected to have broad implications for the global economy. Lower courts previously ruled that Trump exceeded his presidential powers with the tariffs,prompting the US government to appeal to the Supreme Court.The court does not pre-announce its rulings.
China’s Export Growth Slows
Attention also turns to China, the world’s second-largest economy, where export growth is anticipated to have slowed before the end of the year. Experts predict a 3.0% increase in exports for December compared to the previous year, a deceleration from November’s 5.9% growth [Reuters]. Imports into China are also expected to show a more moderate increase, with a projected 0.9% rise in December, down from 1.9% in November [Reuters].
US Bank Earnings and Job Cuts
Several major US banks are reporting their earnings, including Bank of America, Wells Fargo, and Citigroup. Analysts anticipate strong performance in investment banking due to an increase in mergers, acquisitions, and capital market activities. Forecasts suggest profit increases of 17% to 32% for these banks in the fourth quarter of 2025.However,The Wall Street Journal reports that citigroup plans to announce approximately 1,000 job cuts this week as part of a broader restructuring program initiated two years ago.
![]Are You Sleeping Like a Jellyfish? Understanding and Improving Sleep Quality](https://i0.wp.com/www.pieuvre.ca/wp-content/uploads/2026/01/meduse-marat-gilyadzinov-MYadhrkenNg-unsplash-scaled.jpg?resize=150%2C100&ssl=1 "]Are You Sleeping Like a Jellyfish? Understanding and Improving Sleep Quality")
