DAX Index Forecast: Can Fed Rate Bets and EU Trade Optimism Push Prices to 24,000?
Key Points:DAX eyes 24,000 as Fed rate cut bets surge to 92.2% and EU suspends trade countermeasures against the US.Germany’s economic growth lags behind Europe, adding pressure on policymakers to boost competitiveness.US ISM Services PMI and trade data could shift sentiment and influence the DAX’s near-term direction.DAX Rally Builds on Trade Ceasefire and Surge in Fed Rate Cut OddsA surprise shift in US-EU trade talks and rising bets on a Fed pivot drove the DAX higher. The DAX gained 0.66% to