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DAX opens higher but not as high as earlier indicated
The European stock markets have just reopened for live trade and it has been a higher start to the day, but not as high as earlier indicted across the major equity futures. As noted earlier, the CAC 40 futures were not exactly convincing in that respect anyway. So, earlier the DAX was priced to reopen above 17,500 after the index closed yesterday at 17,339. It has just this minute reopened closer to the 17,400 handle, as the Nikkei 225 futures fall back further after the close, now around 600 points in the red. The USD/JPY is backing off towards 145.50 as a result. The DAX is now falling back below 17,400 and towards 17,375 as the opening bells rings
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