DAXEUR

This week, local inflation data will be decisive for the Germany DAX index. The announcement of Germany's CPI on Monday showing 0.0% (expectation was 0.2%) indicates a reduction in inflationary pressures. This situation could strengthen expectations that the ECB may cut interest rates in the upcoming period and support the German stock market. On Tuesday, the Eurozone's overall CPI is expected to rise to 2.0%. The UK GDP data, which is expected to come in at a quarterly 0.7% in line with expectations, may signal a recovery in the European economy and have a positive impact on the DAX. On Thursday, if US employment data comes out weak, an increase in global risk appetite is expected, which could provide upward support for the DAX.