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Another update another record for the DAX

Well, the German stock market is still on fire today folks. The DAX has now claimed the 16,700 mark for the first time in its history and right now it is eclipsing all that surrounds it, both sides of the pond. However, it seems to have finally dragged the FTSE 100 higher with it. However, what I will say now; is that the US markets might yet force it lower ahead of the close this afternoon, because right now they are heading in the opposite direction. We shall have to see which wins out in that respect. The DAX has reached a new all time high this afternoon at 16,727. It is just now backing off a bit, currently trading at 15,690 

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