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About: davin

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Mixed performance characterises European equities; German stocks rise while broader market sentiment remains subdued.

German stocks rise after election; DAX up 0.5%, Eurostoxx down 0.2%. Markets mixed; Nvidia earnings awaited.

Today features the German IFO release and prominent speeches, including Trump’s press conference with Macron.

German IFO index, Trump-Macron press conference, G7 call, and multiple central bank speakers throughout the day.

Societe Generale’s analysts suggest the Euro may rise towards a December peak of 1.0630.

EUR/USD rebounded from 1.0140, stabilising above the 50-day moving average, with resistance at 1.0630 ahead.

In early European trade, Eurostoxx futures rose 0.4%, while UK FTSE futures remained unchanged.

Eurostoxx futures rise 0.4%, DAX up 0.9%, euro strengthens, S&P 500 gains, Nvidia earnings in focus.

In January, the Eurozone’s consumer price index aligned with predictions at 2.5% year-on-year.

Eurozone January HICP inflation hit 2.5%, matching forecasts, indicating stability and potential monetary policy implications.

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