Frankfurt's DAX 40 was little changed around 24,790 on Tuesday, as global sentiment turned cautious amid persistent concerns over AI disruptions and resurgent geopolitical risks. Iran carried out military exercises in the Strait of Hormuz a day before nuclear negotiations were set to resume, signaling its power amid US threats of military action. Meanwhile, traders continued to monitor corporate updates, while also eyeing economic data. Germany’s annual inflation rate was confirmed at 2.1% in January 2026, up from 1.8% in December. The attention now turns to the ZEW economic sentiment surveys for both the Eurozone and Germany. Among stocks, tech companies SAP and Infineon Technologies saw losses of around 1%, while Siemens edged up 0.1%.