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DAXEUR

DAXEUR
DAXEUR
In European stock exchanges, the economic outlook and geopolitical risks are being priced in together. While the weak course of inflation in Germany and the contraction in the UK economy support cautious expectations regarding the regional economy, the newly rising tension in the Middle East pressures risk appetite. Statements to come from the political and geopolitical fronts during the day may be influential on the index. In the technical outlook, the short-term negative trend is expected to persist and selling pressure is anticipated to continue.
Support
24451 – 24254
Resistance
24958 – 25155

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