DAX edges higher in early trading
The DAX did reopen above 15,200 this morning, commencing live trade at 15,203. It did then back off to 15,178, but since then it has risen again and it is just now setting session highs above 15,210. The FTSE 100 is higher too as that index now lifts above its 21 day moving average (now in place at 7,476). The move higher in the European stock markets is not conclusive though and subject to a reversal at any point, if the latest geopolitical news warrants it. The risks of Middle East contagion are very much front and centre of that, whilst remaining benign for the time being. The US jobs report will be a factor later too. Meantime, the DAX is trying to push higher this morning
Market News
All News-
Nasdaq 100 futures still in the red as ISM awaits
The US stock markets will soon reopen for live trade and ahead of that opening the Nasdaq 100 futures are still in the red this afternoon. Even after...
-
Brent reverses direction again as it now slides to fresh interim lows
Since rebounding back above $79 per barrel, the price of Brent crude has been falling back steadily over the past hour. That fall has now taken out...
-
Gold hits session lows as dollar edges higher
The dollar is now coming off its earlier lows versus Europe and the rebound above 147 earlier this morning seems to be holding fast. Meanwhile, US...
