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DAX lifts above 15,400 as ZEW survey looms closer

The European stock markets are just now making some progress. The are being led by the DAX. The German benchmark index has just now managed to push its way past 15,400 for the first time this week. The move in the DAX is outperforming any gains in the FTSE 100 and the CAC 40, but of course it might all change if the latest German ZEW index delivers a surprise that no one was expecting. We shall have to see what emerges there at 10am GMT. Meantime, it is onwards and upwards for the DAX as the rebound rally continues to build. The index is just now trading at 15,415

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