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DAX set to open higher this morning
Yesterday the DAX was the worst performing major European stock market index, as noted here earlier today. The index handed back 171 points (-0.95%), to close at 17,917. However, the gains in the US futures have propelled the DAX futures back above 18k since then and now the index is priced to open above that level today. There was also clear evidence of rotation, out of German stocks into the UK yesterday and despite the rebound in the DAX futures this morning, that could be set to continue ahead of the weekend. The DAX is currently priced to reopen at around 18,020
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