DAXEUR

The Germany DAX Index displayed a neutral trend/flat pricing following the release of US inflation data. The gradual improvement trend in Germany's leading economic indicators and expectations of the ECB starting to cut interest rates in June are supporting European stock markets. However, the possibility of delaying interest rate cuts in the US is limiting global risk perception. Economic data coming from the US is acting as a catalyst for market direction. The 23523 pivot level is significant from a technical perspective, and it is anticipated that upward movements could accelerate with pricing above this level.