DAXEUR

We start the week with daylight saving time in the US, shifting data releases to 3:30 PM and stock market trading to 4:30 PM Turkey time. Europe will transition by the end of the month. Key data includes JOLTS, February inflation, and Michigan Consumer Sentiment from the US, alongside ECB President Lagarde’s speech, Germany’s final CPI, Eurozone industrial production, and UK growth data. Wednesday’s CPI release is crucial for the inflation outlook ahead of the Fed’s April 19 decision.

Technically, the DAX 40 index remains optimistic above 22,830, the lower point of the Envelope indicator. A rise toward 23,245, 23,365, and 23,470 is possible, with sustained moves above 23,365 reinforcing bullish expectations. A downward reaction may occur, but the positive outlook holds above the 89-period EMA (22,680). Key levels: 22,830 and 23,365.