The German stock index Dax DE0008469008 is expected to move further away from its record high of last week in the middle of the week.

The previous day, the stock market barometer closed below the 24,000 point mark for the first time since the beginning of the month, following losses; further declines are now expected. On Thursday, the index reached a high of 24,479 points.

Landesbank Helaba points to the preliminary outcome of the trade talks between China and the US. The framework agreement reached in London still needs to be approved by heads of state Donald Trump and Xi Jinping. "However, the results of the talks with the EU are still pending. The fortunes and woes of the stock market will likely depend on the outcome of these negotiations," the analysts say.

The X-Dax DE000A0C4CA0 signaled the DAX down 0.2 percent at 23,940 points one hour before the start of trading. The Eurozone's leading index, the EuroStoxx 50 EU0009658145, is also expected to hold slightly.

Consumer prices in the US could bring some movement to the markets this afternoon. Economists expect an increase in the inflation rate in May. The consequences of the US government's tariff policy are likely to be particularly keenly observed.

Analyst comments are likely to influence individual stock prices. Bayer DE000BAY0017 shares gained 2 percent in premarket trading on Tradegate, driven by a buy recommendation from HSBC GB0005405286.

Deutsche Börse shares DE0005810055, on the other hand, lost 1 percent, impacted by a downgrade by bank UBS CH0244767585 from "Buy" to "Neutral".

JPMorgan took a negative stance on the chemicals distributor ahead of Brenntag's quarterly results DE000A1DAHH0, which saw its shares fall 1.7 percent.

In addition, stocks in the fashion industry could be worth a look after Zara's parent company Inditex ES0148396007 published its business figures.