DAXEUR

The German DAX index is showing a positive outlook due to signs of recovery in the European economy and expectations of an upcoming interest rate cut by the ECB. Recent economic data from Germany, particularly the improvement in the ZEW economic sentiment index, indicates that a recovery has begun in the largest European economy. The fact that European companies' financial results for the first quarter have generally exceeded expectations also supports the index. The expectation that the ECB will cut interest rates in June is increasing interest in European stocks. The US retail sales figures to be announced tomorrow may be decisive for the short-term direction of the index. Monetary policy expectations will continue to influence European stocks until the European Central Bank's meeting in June.