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Earlier this morning an update here noted that German defence sector stocks were fuelling another push higher in the DAX. Well, since that update the index did press higher and did rise above the previous record high set last week, at 22,624. The move extended to 22,719 earlier this morning and indeed it has been the DAX that has really grabbed the limelight today, in what would have otherwise been a rather dull session, with the US markets closed today. There is also something to note here for readers next week. There will be no updates from this analyst after 1pm on Tuesday February 25 until Thursday March 6, due to absence. A further reminder on this will be sent out early next week. Meantime, the DAX is back above that 22,700 marker again and might be set for yet another record high shortly. We shall see on that very shortly. The index is right trading at 22,715
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
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