German shares rallied on Wednesday despite weak Eurozone's data releases. German services PMI contracted at the fastest speed since August 2009 last month. Meanwhile, traders anticipate the ECB press conference due on Thursday. The German DAX Index soared 0.45% to trade at 6,959.25. Eight out of nine economic sectors included in the index jumped. The best-performers were health care and technology firms. Fresenius SE & Co added 1.55% while SAP gained 1.43%. Financials were mixed, with Deutsche Bank climbing 0.22% and Commerzbank retreating 0.16%. According to Bloomberg, Deutsche Bank is planning to cut 85 jobs at its Asian units. Creating pressure on the German blue chips index, consumer services plunged 0.30%. Meanwhile, Deutsche Lufthansa extended losses, falling by 0.65% after it cancelled 300 flights because of strikes of cabin staff.