DAXEUR

The German index will be influenced more by global risk appetite than by its own internal dynamics this week, particularly in relation to the results of the inflation data expected from the U.S. on Thursday. Although the German CPI data to be announced on Wednesday may have some impact on the index, the main direction will be determined by the U.S. inflation data, which is the main agenda of global markets. High inflation in the U.S. could increase concerns about global tightening, putting pressure on export-oriented and risky assets like the DAX. On the other hand, moderate inflation data could support the "soft landing" scenario, leading to buying in the index.