In European stock markets, the impact of economic data and global developments is felt during the day. Weak expectations regarding German factory orders and UK PMI data remaining at low levels increase concerns about the regional economy, creating pressure on the index. The continuation of uncertainties regarding the European Central Bank also supports the cautious stance of investors. On the other hand, the temporary ceasefire reached between Iran and the U.S. is evaluated as a factor that could limit the selling pressure by contributing to the reduction of geopolitical risks. The FOMC minutes to be released in the evening will be important in terms of global risk appetite. In the technical outlook, it is anticipated that the negative trend has weakened and prices may stabilize in a sideways band.
