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The DAX was not able to post a higher close yesterday. The index ended the session 19 points lower, at 16,941. That close of course came ahead of the further gains for the US stock markets last night and the higher US closes have certainly buoyed the DAX futures this morning. The index future has been pricing a reopening at above 17k earlier today. It is not far below that level right now and it could be set for a new all time high, when live trading resumes in around 20 minutes. To remind the reader, that the current all time high for the DAX remains at 17,003. The index is facing a series of German earnings reports this morning too and those could have an impact, one way or the other today. The DAX futures are currently pricing the opening at around 16,997
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
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