ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 Opens from 2-Year Low
While recession risks for the European economy are growing in global markets, the regional indicator DAX40 is struggling to find demand. Here, the German 10-year bond yields, which exceeded the 2 percent threshold after 11 years with interest rate expectations, also had a downward effect on the index. At this point, the 12 480 level is of critical importance in index pricing. As long as this level is maintained as the base resistance, the probability of the index falling to the psychological 12 000 behind 12 170 will continue to increase. Above, 12 640 level can be followed in a recovery over 12 480.
