As of the latest update, DAX futures live price stands at 17,072, reflecting optimism in European equities after ECB policymakers hinted at possible rate cuts later in the year. Traders are watching the 17,100 resistance for potential breakout signals. Israel formally declared war on Hamas on Monday after a surprise attack over the weekend. More than 1,100 people have been killed across Israel and Gaza. Investors will be monitoring economic data out of the European region, with figures due out on U.K. consumer confidence and retail sales as well as French consumer confidence data. A final print on Germany's economic growth will also follow. DAX futures live price edges up to 17,082 as semiconductor and engineering stocks rally. Analysts emphasize that sustained volume above the 50-day moving average could solidify the medium-term trend.
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