[HIGHLIGHTS] The Dax index of the Frankfurt Stock Exchange crosses 18,000 points, a record

The Dax index of the Frankfurt Stock Exchange crosses 18,000 points, a record. The flagship German index is driven by the prospects of lower interest rates against a backdrop of falling inflation in the euro zone.

Around 08:10 GMT, the German index reached 18,001.42 points, up 0.15%, reaching a new historic record. “Drop in interest rates very likely. 'guiding interest (of the European Central Bank) in June', according to Jochen Stanzl.