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Market Impact: 0.35

DAX Down Firmly In Negative Territory

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German stocks slipped as fading hopes for a Middle East conflict resolution and rising crude oil prices pressured sentiment. April German consumer price inflation accelerated, adding to concerns about persistent price pressures. The combination points to a more risk-off backdrop for European equities.

Analysis

German stocks slipped as fading hopes for a Middle East conflict resolution and rising crude oil prices pressured sentiment. April German consumer price inflation accelerated, adding to concerns about persistent price pressures. The combination points to a more risk-off backdrop for European equities.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25