DAX futures higher this morning as more volatility awaits

Earlier this week the DAX rebounded once again and that rebound delivered a new all time record high, at 23,307 on Monday. However, the almost 1000 point slide that followed on Tuesday was savage indeed and all came about as all the latest tariff news nonsense saw German bunds fall and that caused the stock market to crumble. The rebound yesterday sure filled the gap the index had left open the day before though, but it could not get above 23,200 despite several attempts to do so. Nevertheless, the index still closed 754 points higher yesterday, at 23,081. Either way you want to cut it that was an impressive rebound. Overnight the DAX futures have risen and at one point they were pricing the opening around 23,225. It looks like a safe bet to expect more volatility again today and keeping a close eye on the price action will be important. As to whether the index can recover all of the fall it suffered from the record high on Monday remains to be seen though. The DAX is right now priced to reopen around 23,200