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There can be little doubt; that the much better than expected Chinese GDP data released earlier today has helped to float a lot of other boats right now. Of course there are many question marks over the accuracy of that GDP data, but in the very short term that is of no consequence for some other markets. So, Europe has just kicked off the final session of the week and that has seen the DAX charge above 20,700 for the first time ever and lift immediately towards 20,750. The FTSE 100 is eyeing new records above 8,474. The CAC has also gained more on the opening. However, the US futures are not exactly knocking it out of the park just yet and the reader is pointed to the fact; that today is the final session for the US markets before the President Elect takes over the reins at the White House.
Earlier this morning an update here noted that German defence sector stocks were fuelling another push higher in the DAX. Well, since that update the...
The USD/JPY is right now very close to the earlier Asian session low at 151.48, which came after the latest Japanese GDP data beat estimates. The move...
Three of the biggest German defence companies are seeing their share prices rise strongly this morning. The reason for that comes as the markets eye a...
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