Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
It will not be long now before the European stock markets reopen and that opening outlook is not positive right now, as you might expect following the broad-based US losses on Friday and the falls in Asia today. On Friday the DAX rejected a break above 20,400. The index topped out at exactly that level and fell back sharply after the US jobs report. The DAX later closed the week at 20,214, with a loss of 102 points on the day. The index hit a low on Friday at 20,187 and right now the DAX futures are pricing a reopening underneath that low. It would seem that a break back underneath 20k is certainly on the radar today. The index is right now priced to reopen around 20,150
Earlier this morning an update here noted that German defence sector stocks were fuelling another push higher in the DAX. Well, since that update the...
The USD/JPY is right now very close to the earlier Asian session low at 151.48, which came after the latest Japanese GDP data beat estimates. The move...
Three of the biggest German defence companies are seeing their share prices rise strongly this morning. The reason for that comes as the markets eye a...
Start here. Join over 3M Libertex users around the world!