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DAX rebound extends after opening but can it reclaim 18,500?
The French stock market may not be making much progress right now, but the FTSE 100 and the DAX are continuing to push higher. The FTSE is just now edging above the 8,200 handle and the DAX is rebounding closer to the 18,500 level. The DAX closed yesterday at 18,369 after falling close to 18,275. The index reopened effectively today above 18,400 and since the opening it has continued to push higher, and right now not far off testing that 18,500 level. That could be a price point that provides resistance through and perhaps we might shortly see just now much of that is in place there. The DAX is currently trading at 18,488
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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...
