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Following on from earlier updates, noting the fresh gains in the DAX, the index has now traded above 17,500 for the first time ever. The gains to set fresh records come as the CAC 40 and FTSE 100 continue to lag. Perhaps there is some rotation at play there? Both the FTSE 100 and CAC 40 are ever so slightly in the red as I write. One thing to note here; is that despite forging to fresh records this morning, the DAX is still not critically overbought. The high seen so far has been set at 17,504
The quite important US JOLTS- job openings data for October has just been released. As noted here much earlier today, the markets were expecting a...
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