DAXEUR

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DAXEUR

The German DAX index may face negative signals from both domestic and foreign sources this week. Hawkish Fed messages and strong data from the U.S. could reduce risk appetite in global markets, putting selling pressure on major indices like the DAX. Domestically, the CPI data announced today at 0.2%, in line with expectations, along with the Eurozone CPI expected to remain steady at 2.2% to be announced on Friday, indicates a slowdown in economic activity. This situation may increase concerns about corporate profitability, dragging the index down. The overall outlook for the DAX this week may be negative, in parallel with the deterioration in global risk perception.