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DAX futures ignore Nasdaq and Nikkei records
On Friday the DAX rose to above 17,800, peaking at a new record high at 17,816. The index later closed 56 points higher, at 17,735. That was of course a record daily and weekly close for the German benchmark. The surge in the Nasdaq after that close and records for the Nikkei 225 today have ensured the DAX is set to open close to where it ended the week on Friday. However, given those other moves, it is perhaps a little surprising, that the DAX futures are not actually higher this morning. So, the opening price action might be interesting, to see it that delivers a fresh record for the DAX this morning. Right now the DAX is priced to reopen at around 17,725
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