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The European stock markets all came to a rather sticky end last week and all the major indexes closed in the red. As already noted this morning, the CAC 40 led those losses in percentage terms. It was not much better for the DAX either. The German benchmark closed 0.76% lower on Friday, handing back 147 points, to end the week at 19,215. However, and despite whatever has been said about the outlook here already today, the index will shortly reopen and right now that opening is set to kick off the new week on the front foot. The question is; will it hold the opening again and perhaps advance some more, or will the negative rotation seen last week, continue again this morning? The DAX is just now priced to reopen at 19,385
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An update here yesterday noted how the upside breakout in the EUR/GBP could extend towards 0.8550. Well, following that update that is pretty much...
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