DAX Morning Technical Setup 07.05.21

Middle Eastern conflicts the main focus this week as risk off sentiment continues.

CPI puts the nail in the coffin for June, while the ECB and the BOC open up the door to cuts.

Interesting moves this week, as the first comments of no cuts this year spooks markets.

Wrap up of the week after a busy few days of dovish Central Banks, as the SNB set the rate cuts in motion.