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The DAX continues to rise
The DAX continues to rise

The DAX continues to rise

According to finalised data, Germany's annualised inflation at the end of May slowed to 6.1% from 7.2% in April. Furthermore, the ZEW Indicator of Economic Sentiment rose to -8.5 from -10.7 in May. Although the indicator remains in negative territory, it beat forecasts that expected it to drop to -13.1. Improving German economic data are positively affecting the DAX's movement.

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