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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
Market News
All News-
GBP/USD has a look below 1.3100 this morning
The GBP/USD has not long ago hit a new session low under 1.3095 and that is the first time the Pound has traded back underneath the 1.3100 handle... -
CAC 40 still waiting for answers
As just noted in the previous update looking at the opening outlook for the FTSE 100 this morning, the CAC 40 closed lower on Friday. The index handed... -
FTSE 100 set to open higher shortly
On Friday the FTSE 100 was best of a bad bunch again when it came to the relative European stock market weekly closes. The FTSE 100 closed 0.73% lower...
