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DAX futures on the rise this morning
As just covered in the previous update, the outlook for the European stock market reopening is pretty positive right now and besides the FTSE 100 making headway, so are the DAX and CAC futures too. The DAX played second fiddle to the CAC yesterday, but still managed to just about avoid a lower close, albeit by the smallest of margins. The DAX closed just 3.79 points to the better. The index closed at 17,770. The futures price is right now indicating it will reopen above 17,835 The rebound is being helped by the further fall in the wider dollar and a rebound across all the US stock futures.
Market News
All News-
BTC rebounds from session low even as Nasdaq 100 stays in the red in early trading
The US stock markets have been open for around 25 minutes and all the three major indexes opened lower this afternoon, as priced into the futures...
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Gold approaching $3,200 as dollar slips
The rebound in Gold today has now extended by nearly $80 from the lows. The metal is now approaching the $3,200 handle. A moment ago it almost touched...
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Powell offers few clues but does talk PCE lower- USD/JPY edges backwards
The USD/JPY was falling back after the US data drop, as covered in the previous couple of updates. It has just edged a little lower following comments...
