Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
DAX futures consolidate a record close above 20,900 on Friday
As covered in an earlier update this morning, the DAX set a record close on Friday. The index reached a new all time high at 20,924. It later closed 248 points higher on the day, at 20,903. The outlook for the opening this morning is a little uncertain following those records on Friday, but there is no suggestion this record run is yet over. As with the FTSE 100, the DAX is into uncharted territory now and an update here on Friday did note the next potential resistance level around 20,900. Well, as you can see, it has now reached that and from from here on we shall have to see, if there is more gas in the tank to take the index onwards and upwards beyond 21k. It is also worth noting; the DAX put on more than 50% last year which has surely stunned many observers, given the backdrop. More surprises to come then? The DAX is right now priced to reopen around 20,895
Market News
All News-
Brent crude reaches highest level since January
Since an earlier update today, oil prices have continued to press higher. The price action has not all been one-way though, but if you look at an...
-
DAX near session lows as the European close looms
As the European close looms in less than 30 minutes there is no rebound across the major European equity indexes. Over the past couple of hours there...
-
Not much joy for the FTSE 100 following BOE decision
As just noted in the previous update it was quite a close call on the voting split on the Bank of England MPC decision on rates. That has led the...
