DAXEUR

In the European stock markets, the DAX Index, which completed the previous day with relatively selling pressure, is closely monitoring today's US Producer Price Index (PPI) data and tomorrow's Eurozone Consumer Price Index (CPI) announcement. While global growth and inflation concerns persist, the support levels for the DAX are 23511.63 – 23653.93 – 23796.23; the pivot is at 24080.83; and the resistance levels are 24156.08 – 24365.43 – 24507.73. The producer price inflation from the US will be decisive in terms of global risk appetite and direction.