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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. 

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