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DAX gets a slight boost on the opening as Brent falls back below $111
The European stock markets have just reopened and a few minutes ahead of that we had reports of a new Qatari led peace proposal that was presented to Iran for this perusal and no response is expected this side of the weekend, but that news helped to lift the DAX futures ahead of the opening as Brent crude for January delivery fell back below the $111 handle, from an earlier high around $111.76.
The DAX is still in the red though as we write, currently trading around 25,585
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