DAXEUR

Technical Levels: The DAX index is seeking direction between the levels of 24359.76 (resistance) and 24052.15 (support). The Eurozone CPI data released yesterday, which came in line with expectations at 2.1%, has not provided any new signals regarding the ECB's policies.
Fundamental Focus: Due to a weak data flow in the European session, the index's direction will depend on global risk appetite and the JOLTS data coming from the US. Any data indicating a slowdown in the US economy could increase global recession concerns, creating selling pressure on the DAX and bringing the 24052.15 support level into focus.