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DAX eyes 19k once more
The move higher in the European stock markets has now extended and the DAX has just now lifted above 18,990 and set a new record very close to the 19k handle once more. The push higher in the DAX is not unique by any means because all the US futures (not the Nasdaq 100) are set for fresh records on the opening, provided they can hold their current implied gains right now. The move higher in stocks has been accompanied by a weaker Yen now, as the USD/JPY rebounds back above 143. The rebound has helped to deliver further gains in the likes of the EUR/JPY and the GBP/JPY as this current risk positive environment favours fresh Yen weakness on the crosses. The DAX is just now trading at 18,984
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