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Updates here earlier today suggested the markets were seemingly determined to see the DAX print a new all time high today. Well, that is now what we have. The index has lifted above the previous all time high, at 18,567. That has now delivered a move to above 18,580 a short while ago and the charge higher in the FTSE 100 (just noted in the previous update) has clearly helped the DAX to set new records today. So, now the DAX has completely reversed the fall from 18,567 to 17,626. So, does that mean it can really accelerate more on the topside? Well, more usually that not after such a correction has been reversed, it would often be the case. The DAX is just now trading at 18,570
The quite important US JOLTS- job openings data for October has just been released. As noted here much earlier today, the markets were expecting a...
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