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DAX opens lower- will it rebound again?
The European stock markets have just reopened and it has been an across the board lower start for the major indexes this morning. The DAX, which closed last night at a record level of 23,419 has just reopened below 23,200. The early price action is to the downside and the only real question to ask right now; will the index rebound once again, or will it succumb to the wider pressure across the markets and now turn lower into the weekend? Not an easy one to answer just yet, but this one could be due a correction today, given the stellar gains seen already this week. The index is right now trading at 23,140
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EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
