DAXEUR - Daily Bulletins | Sardis Global Research

Today, weak economic data from Germany and geopolitical risks are at the forefront of European indices. While the contraction in factory orders increases concerns regarding the growth performance of the European economy, the resurgent tension in the Middle East limits investors' risk appetite. Nonetheless, potential new pricing in global markets and the news flow will continue to influence the index. In the technical outlook, while the short-term negative trend is maintained, it is considered appropriate to remain cautious against potential sharp pullbacks. Selling pressure is expected to continue.

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