Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
DAX edges back as FTSE 100 continues to lead
Since the European stock market opening today, the FTSE 100 has continued to take the lead. That was very much envisaged in an update here earlier this morning, ahead of the opening. The FTSE 100 has now lifted above 7,590, as the DAX drifts back from above 16,830. Perhaps the still overbought RSI on that index is having an impact? That was above 84 on a 14 day basis as of the opening today. So, the DAX is now drifting back towards 16,800, whilst the FTSE 100 maintains its opening gains. At the same time, the EUR/GBP has indeed lifted more since my previous update, noting the potential for that to unfold. The Euro has now traded above 0.8590. The DAX is currently trading at 16,803
Market News
All News-
USD/JPY rises towards 144 after US consumer sentiment revised higher
The final revision to the University of Michigan consumer sentiment index has actually seen all the readings revised a bit higher. Well quite a bit...
-
US stocks turn lower as US data awaits - Dow Jones leads the way
Any minute now the latest US university of Michigan consumer sentiment index will be released but this is the final reading so it might not have much...
-
Bitcoin has a look at 95k this afternoon
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
