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Earlier this morning the DAX was in the green and the FTSE 100 was in the red. Well, in more recent trading that relative position has been completely turned around and the FTSE 100 has bounced off its lows, whilst the DAX heads off in the opposite direction. So, right now the DAX is some way below its earlier session high, at 18,490 and trading to session lows, approaching 18,350. Once again this looks like rotation as there is a dearth of fresh news catalysts lurking around right now. The move lower in the DAX also comes against the grain of what is still a positive US opening priced across the futures right now. That said, the overall direction for the DAX now today is only really reflecting the fundamentals its seems
Since a much earlier update here noted the DAX just failing to set a new all time high above 19,491, the index fell back to below 19,400. However...
The gains in the Nasdaq 100 right from the opening has now seen that index push towards 20,500 and that in turn has helped to lift the S+P 500 to a...
The US stock markets have just reopened and the immediate moves have seen the Dow Jones drop a little further into the red whilst the Nasdaq 100 moves...
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