Ready to Get Started?
Start here. Join over 12M Libertex users around the world!
DAX rally runs out of steam for the time being
Since earlier this morning when the DAX did push higher in early trading, the index has since fallen back. Earlier the DAX reached 25,082. It has since stepped back to below 24,950. The reason for this is not clear and certainly there has not much in the way of fresh news to facilitate the relapse.
The slight rebound in the oil price this morning might have played a role but in real terms that has now even reclaimed levels above $80 and so not exactly a dampener on the DAX. The US futures are still on the front foot, so there is nothing from that direction either. The conclusion here; just another intraday trading swing at this stage. The DAX is right now at 24,965
Market News
All News-
US Treasury yields push higher- As suspected Gold reverses earlier gains (corrected)
The last time we noted the jump above the $4,200 handle in Gold following the US data releases, we did question whether the move to $4,219.33 was an...
-
US Treasury yields push higher- As suspsected Gold reverses earlier gains
The last time we noted the jump above the $4,200 handle in Gold following the US data releases, we did question whether the move to $4,219.33 was an...
-
DAX hits fresh session lows as US markets prepare to kick off
The European stock markets might have gotten a short-term boost from the gains seen after the US data releases across the US futures, but that has...