The Dax is set to open lower on Tuesday, according to price action in the futures markets. On Monday, the German benchmark index closed 0.1 percent higher at 24,350 points. Investors remained cautious in light of the currently stalled peace efforts in the US-Iran conflict. Driven by the ongoing enthusiasm for Artificial Intelligence (AI), US stock markets closed slightly in the green on Monday.

Investor focus will shift primarily toward economic and inflation data throughout the day. The ZEW index is due later this morning. In the wake of the Iran conflict, financial experts are likely to take an even more pessimistic view of the German economy. Investors are particularly awaiting the US consumer price inflation data in the afternoon. Experts polled by Reuters expect the inflation rate to rise to 3.7 percent for April.

On the corporate side, the pharmaceutical and agricultural group Bayer, among others, is presenting its first-quarter results. Regarding the full-year figures from the British mobile operator Vodafone, investors are focusing their attention on its German operations.

Closing prices of European Level  

Stock Indices and

Futures on Monday

Dax 24,350.28    

EuroStoxx50 5,895.45    

EuroStoxx50-Future 5,887.00    

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Closing prices of Level Change in

US Indices on Monday Percent

Dow Jones 49,704.47   +0.2%  

Nasdaq 

S&P 500  7,412.84   +0.2%  

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Asian Indices on Prices at 07:00 Change in

Tuesday CET Percent

Nikkei  62,588.49   +0.3%  

Shanghai 4,208.00   -0.4%  

Hang Seng 26,483.37   +0.3%  

(Report by Stefanie Geiger, edited by Sabine Ehrhardt. For inquiries, please contact our editorial office at berlin.newsroom@thomsonreuters.com (for politics and economics) or frankfurt.newsroom@thomsonreuters.com (for companies and markets)