DAXEUR

One of the most decisive factors affecting the DAX index's performance this week will be the first quarter Gross Domestic Product (GDP) data to be announced from Germany on Friday. The German economy is expected to show a recovery with a quarterly growth of 0.2%. A growth figure that aligns with or exceeds expectations could serve as a positive catalyst for the DAX index, while a weak figure falling short of expectations may create selling pressure on the index. The Eurozone Consumer Price Index (CPI) data to be released on Monday may also indirectly impact the DAX index by influencing market expectations regarding the European Central Bank's (ECB) future monetary policy steps. Additionally, global economic growth indicators such as PMI from the US and the general market risk appetite will be other important variables affecting the DAX's weekly performance.