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DAX extends opening gains trading above 25,900 just now
Well, despite all the headwinds it has been a positive morning so far for the German DAX. The index held its opening gains and has risen to above 25,900 in more recent trading. The CAC 40 and the FTSE 100 are higher too and it seems like there is a bit of flow heading back to European stocks out of tech, but having said that, the Nasdaq 100 futures are a little higher too just now.
The DAX is edging back a bit though, after trading to around 25,940 a short while ago. The price action remains extremely fluid and could remain that way ahead of the ECB policy decision this afternoon, for reasons we hope are obvious. The DAX is right now at 25,905
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