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DAX rises above 17,600 for the first time ever

The DAX has not long ago set fresh all time highs above 17,600 and today is the first time the index has vaulted that level. The move higher comes amid still negative ticks in the US futures ahead of the latest revision to US Q4 GDP. That is due to be released in a couple of minutes and could shift the direction for the US equity futures. Meantime, the DAX continues to do its own thing and defy the losses in the FTSE 100 and lack of traction in the CAC 40 too. The DAX is just now trading at 17,602

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