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DAX edges lower as FTSE 100 continues to underperform

The DAX opened a little higher earlier this morning, resuming live trading at 16,973 following a close yesterday at 16,963. The high seen so far has been set at 16,985, but it is falling back just now. The slight relapse comes as the FTSE 100 continues to struggle. There has been no traction so far for the FTSE and it has remained camped below 7,600 for the most part this morning. Of course that might change and what is perhaps a little surprising; is that the higher oil price today has not helped the FTSE at all yet. Meantime, the DAX is not making progress right now either as it rejects a rise back above 17k in the first hour or trade. The index is currently trading at around 16,950 

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