Snapshot: The DAX is trading at 24927, up 1.16% as German yields sharply decline following ECB commentary and stable wage data. Focus remains on earnings as hopes of a US-Iran deal fuel risk appetite.
- A break above 25,000 would open the door to further upside.
- Watch US yields for any reversal of the risk bid, which could pressure the DAX.
Bias into NY: Bullish DAX as falling German yields and a weaker dollar provide support. Expect continued strength above 24,800 barring a significant shift in US yields.