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DAX outperforms in early trading

The European stock markets have been open for around 15 minutes and in that time we have seen some diverging moves once again. The FTSE 100 is lower and the DAX is higher. The DAX has reopened above 16k, but that was always likely from the price action in the futures beforehand. However, it has extended the higher opening, rising towards and now above 16,050 in very early trade. This divergence with the FTSE might change and so might the direction for the DAX too, but so far in early trading the bulls have the ball 
 

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