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The European stock markets have been open for around 25 minutes now and it has been a positive start to the day. The DAX shot higher on the opening and very quickly pushed above 18,525. So, whilst not setting any new records yet, the price action suggests the market is still gunning to do that. That said, it is yet to play out and there is no guarantee that it will. The dollar is still on the front foot, especially versus the Yen, as the USD/JPY pushes to a new session high above 155.80 a short while ago. The DAX is just now trading at 18,522
As noted a couple of times this week, there will be no Quick News updates next week. That is due to absence. However, there are some important events...
As the US stock markets reopen, gold has lurched higher. Earlier it was probing levels above $2,390 and then it took out the previous high just above...
On Wednesday when the EUR/USD lifted above a noted down trend line support, the move extended to a high at 1.0869. That was all driven by the latest...
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