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DAX futures higher this morning
The European stock markets are currently pricing a higher opening today, following the records set in the Nasdaq 100 and S+P 500 indexes on Friday. Well, despite those gains already unfolding ahead of the European close on Friday, the likes of the DAX and the FTSE 100 could not follow ahead of the weekend. The fact that the US markets then extended later on Friday evening has helped the opening outlook for this morning though. The DAX closed on Friday at 16,926, after stalling short of 17k this time (16,993 the high on Friday). However, the DAX futures are eying that 17k handle again today and right now not too much below that level, currently pricing the reopening at around 16,985
Market News
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EUR/GBP pushes to highest level since April leading into the 4pm London Fix
The major FX markets are still very much rangebound this afternoon ahead of some key data events over the next couple of days. That said, the EUR/GBP...
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US stocks open modestly but not the Nasdaq 100
The US stock markets have just reopened and it has been a lower start to the first live session of the week, but certainly not as low as priced into...
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EUR/USD again balks at 1.1700
The rebound in the EUR/USD this morning took it back very close to the 1.1700 handle again. However, it could not get above that level and in fact...
