Watching the DAX with interest; given the current momentum and somewhat resilient macro despite rate concerns, I'd put the odds of seeing 18,500 by end of April at around 60-65%, largely on sustained inflows if inflation data doesn't surprise too negatively.
I'm a bit more cautious on 18,500 by month-end. While momentum is there, any significant inflation surprise could quickly turn that around, especially with the ECB still hawkish.
Interesting take. While momentum is strong, I'm slightly more cautious given the upcoming ECB meeting and potential for a hawkish surprise that could put a damper on things. What are your thoughts on the impact of any further rate hikes?