Page 16 - Dax News Today

Rate cut hopes declined sharply as hawkish hints from central banks dampened market sentiment..

Hawkish comments from central bank officials caused markets to reassess the monetary policy outlook, dampening sentiment across markets..

German stocks rallied on Friday despite signs of an escalation in the conflict in the Middle East. Rate cut expectations helped underpin sentiment after European Central Bank (ECB) President Christine Lagarde said on Thursday that the 'hardest and worst bit' regarding inflation was likely over and that the central bank will start lowering rates once inflation heads back to the 2 percent goal.

Hotter-than-expected inflation readings in the U.S., rising geopolitical tensions in the Middle East and growing rate cut expectations from the European Central Bank shaped market sentiment across regions.

Lingering concerns over how the U.S. CPI could influence the Fed's rate path shaped market sentiment across markets and regions..

German stocks climbed on Thursday as investors awaited U.S. CPI data later in the day for clues on the Federal Reserve's rate trajectory. Consumer price inflation is expected to edge higher to an annual 3.

German stocks were little changed on Wednesday as investors awaited key U.S. inflation data as well as fourth-quarter earnings from large U.S. banks this week for directional cues.

Inflation anxiety coupled with nervousness ahead of the earnings season swayed market sentiment across regions and asset classes..

German stocks edged lower on Tuesday after data showed the country' industrial production unexpectedly declined in November, marking the sixth monthly fall in a row.

Market sentiment remains subdued ahead of the monthly consumer price inflation readings from the U.S. later in the week..