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DAX futures flirting with 15,200 this morning

The DAX was the best performing major European stock market on Friday. The index managed a gain on the final session of the week, which was not something either the FTSE 100 or the CAC 40 could manage. The DAX closed 45 points higher, at 15,189. The drop in German Bund yields helped and so did the weaker dollar and rebound above 1.07 in the EUR/USD. So, as those drivers remain largely unchanged so far this morning, the DAX is set to open a little higher shortly. Of course we know that can change, but right now the bulls appear to still be in control of the price action. The DAX futures are just now indicating a reopening at, or slightly above 15,200 today

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