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DAX jumps towards 23,500 following Iranian news

The whole market dynamic has just now shifted to an even more risk positive tone following that report from Reuters noted in the previous update. That has of course seen oil slide and fall towards $75.50 for Brent, where it was trading above $76.50 beforehand. The US equity futures are not the only beneficiary of this either, because all the European stock markets latched onto this as well. The DAX, which was already on the rise above 23,350, spiked close to 23,500. The index has just pared that now, currently trading around 23,425
 

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