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CAC 40 not following the DAX so far this morning
The European stock markets have been open for less than 20 minutes and in that time we have seen underperformance from the FTSE 100 and the CAC 40, even as the DAX continues to press higher above the 19,440 mark. The reasons for the FTSE 100 could be linked to oil and the CAC 40 has its own reasons for not making much progress, as has been the case for several weeks now. The index closed on Friday at 7,577 and it has just now reopened at 7,583. However, the index is right now falling back to test the 7,550 mark, as all the hot money flow seems to be still headed over the border in the direction of German stocks
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Yet more records for the DAX today
The previous update on the DAX noted how the index had set a record opening today, at 24,004 and then stepped back towards 23,900 in early trading...
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EUR/USD steps back as USD/JPY rebounds
Earlier this morning the fall in the USD/JPY extended to a low at 144.10. Since then it has rebounded and right now it is back above 144.50 and... -
Brent spikes on Iranian comments
In the previous update on Brent crude oil prices, the July contract was noted as falling back towards $65 per barrel. That update also noted the oil...
