DAXEUR

The German index has come under pressure, paralleling global stock markets, due to the revival of the "higher for longer" interest rate scenario following strong data from the US. Investors are steering away from riskier assets amid concerns that central banks will maintain their tight stance. Today's agenda includes the BoE interest rate decision, which will be monitored as it may affect expectations regarding the European economy. However, the main direction of the index will continue to be determined by expectations about the trajectory of the US economy and global risk appetite.