DAXEUR

In European equity markets, investors' focus is on the upcoming trade balance data from Germany and developments concerning the regional economy. Strong trade data from the Chinese economy is supporting the global growth outlook, providing positive signals for European export expectations. Conversely, the persistence of global geopolitical risks is among the factors limiting investors' risk appetite. The US housing market data to be released could also impact pricing in global markets. Looking at the technical outlook, while selling pressure is seen to continue, the index is expected to maintain its downward movement within a horizontal range.