These moves gained momentum as markets await the US inflation report, which is expected to show a rise in consumer prices in December. The German DAX index rose marginally amid volatile trading, approaching gains for an eleventh consecutive day, the longest streak since 2014 if current levels hold. European stocks hit a record high on Tuesday as investors weighed a string of corporate earnings before the release of US inflation data, while Ørsted's shares surged after a US court ruling allowed it to continue a project in Rhode Island. The European Stoxx 600 index gained 0.1%.
