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DAX drops below 18k as US futures continue to lose traction

The DAX has just now fallen below 18k and the added pressure comes not only from the German corporate sector after some heavyweight results earlier today, but also from a further lurch to the left across all the US equity futures. The fact that it is the last trading day of the month is not helping matters either and certainly seems to be attracting more liquidations right now. The catalyst for all this was of course that hotter then forecast US ECI number, released a short while ago. The only index flying the flag out there is? Yes, you guessed it; the FTSE 100. The DAX has just now hit a session low under 17,990. It is currently trading at 18,015

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