DAXEUR

The DAX index has fallen below the 23,700 pivot level, generating a short-term weakness signal. This week's economic data from Germany and the Eurozone will be decisive for the index's direction. The German CPI to be announced on September 30 and the Eurozone CPI to be released on October 1 will show the course of inflationary pressures and shape expectations regarding the ECB's monetary policy. High inflation data may put pressure on the index due to concerns that interest rates will remain high for a longer period and could drag sales down to the 23,489 (Support 2) level. On the other hand, a recovery in the Manufacturing PMI data coming on October 1 could signal the economy's resilience, strengthening purchases and potentially bringing the index back to the 23,872 (Resistance 1) level.