On Wednesday, German stocks experienced a small increase as investors awaited the release of euro zone inflation data. This followed the previous day's dip in regional bond yields, resulting from data showing a greater than anticipated ease in March’s German inflation. This decrease supports the predictions of the European Central Bank's planned interest rate decrease in June.
The benchmark DAX increased by 42 points (a rise of 0.2%), bringing it to 18,325. This was a slightly positive change considering the 1.1 percent loss it encountered on the previous day.
In other market news, Siemens, the engineering firm, saw a minor boost in shares after confirming that they currently have no plans to bid for British engineer Renishaw.
Despite recently securing an additional order of 39 turbines from wind and solar park developer, Umweltgerechte Kraftanlagen GmbH & Co. KG, Nordex Group, a wind turbine maker, experienced a near 2 percent drop in shares.
