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DAX lifts to session highs after ZEW beats the street

Following on from the previous update, noting the lack of a positive reaction so far in the Euro to the better than forecast ZEW index, the same cannot exactly be said of the DAX. The German benchmark index has taken more out of this in terms of any positive reaction and just now lifted to session highs above 17,975. Of course such a reaction is not a surprise, given the improvement in the ZEW index, but at the same time, the DAX has yet to really impress, with a more dynamic move back above the 18k handle. It is just now trading at 17,976
 

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