DAX jumps above 20,100 on Trump trade tariff reports

Following on from the previous update noting a potential watering down of any new Trump trade tariffs to limit the application of such to critical products only, but at the same time to widen the breadth of such action to all countries has helped to lift the global equity markets. At this stage it is important to stress that this article in the WSJ is by no means confirmed. Even so it has pushed the dollar lower and sent US stock futures higher. The equity market gains in Europe right now are probably more relevant though and that has especially been seen in the DAX. The index has now charged above 20k and above 20,125 and towards 20,150 a moment ago. This might all change, but for now the prospect of this shift in trade policy (if confirmed) would seem to benefit those countries with a special interest in that. The DAX is right now trading at 20,145