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DAX back into the red again
Earlier this morning the European stock markets did open higher and that saw the DAX resume live trading at 20,787. The index had closed yesterday at 20,562. However, it was already turning lower, from an opening high at 20,796 when the news from China sent it tumbling back. Since then the index has fallen to just below 20,250 and right now it looks like it could easily fall further as the dollar comes under increasing pressure and the markets once again shy away from risk leading into the weekend. The DAX is just now trading at 20,285
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USD/JPY rises above 143
Since an earlier update here noted the price action in the USD/JPY, the dollar has now lifted further and just a moment ago it pushed above the 143... -
Gold falls sharply below $3,300 at the third time of asking
The noted push lower in Gold earlier this morning did initially seem to stall ahead of $3,300 for a second time, notwithstanding the ever so slight... -
DAX slips after German GDP fails to pass expectations
The latest German GDP report has just this minute hit the screens. The markets were expecting GDP to rise in Q1 by around 0.2%, where it fell by 0.2%...
