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DAX catches a ride to a new all time high
It seems the US stock markets are not the only ones riding high on the back of the US CPI data, because in case you did not notice, the DAX has also charged higher. The German benchmark has taken out the prior all time record high, at 20,522. It has now lifted above 20,600 and that is of course a new record for the index this afternoon. It is currently trading around 20,585
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EUR/GBP stalls ahead of technical resistance level
Data released earlier today showed the UK government missed its borrowing target last month and that has put a bit more pressure onto UK government...
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Canadian retail sales in the spotlight for the USD/CAD this afternoon
As noted here much earlier this morning, there are no US economic releases due out today. There is one North American one of note though and that is...
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DAX falls below 22,819 as global stock markets retreat
Following on from recent updates looking at the US equity futures and the DAX after the opening, the German index has now crumbled again. It has now...
