Dax sees minimal progress before release of American inflation information.

Frankfurt Stock Exchange - Dax sees minimal progress before release of American inflation information.

During the afternoon, data on inflation in the United States might reveal fresh insights about US monetary policy and perhaps impact market activity. With the European Central Bank upcoming decision on this Thursday, some are reconsidering the previously expected rate cuts in both the eurozone and the US. Market observers anticipate the first significant interest rate reduction after a while due to the persistent high inflation.

The MDax index of medium-sized firms retreated by 0.3% to 26,729 points on Friday. In contrast, the EuroStoxx 50, the primary index for the eurozone, remained steady.

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