ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 recovers thanks to the investors’ high risk appetite
Risk appetite is high due to the fact that Fed Chair Powell’s comments were not hawkish enough yesterday. On the other hand, the mixed course of the preliminary PMI data published by London-based global information provider IHS Markit for Europe's largest economy creates a limiting effect on the index. Technically, German index continues its potential to rise in the minor channel and if it exceeds 15 855 resistance, 16 000 will be on our radar. On the other side, we will follow 15 600 – 15 450 range.
