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Well, the least surprising move of the morning so far was the higher opening for the DAX. The index seemed to struggle to vault the 22,100 marker in early trading, but it has now and it is rising to fresh record highs as this update is typed. The move higher is being driven by further gains in several sectors and also defying some limited further strength in the Euro. It could be that demand for the Euro is symptomatic of further demand for German equities from non-domestic players? Well, that would kind of make sense right now. The DAX is just now trading at record levels around 22,115
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...
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...
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