DAX set to open higher today
Yesterday the DAX was the worst performing major European stock market index. In fact, it was the only one of the three to end the session in the red, when it closed 29 points lower, at 15,070. Earlier in the day the index had risen to as high as 15,174. The futures price action overnight and this morning has been relatively subdued, but the opening outlook right now is positive. The better German factory orders data might have helped that too. The lower oil price should be more supportive as well, but there is not really much evidence of that so far this week. The index future is just now pricing the reopening at around 15,115
Market News
All News-
Bitcoin takes it close to the next level and backs away
Following on from earlier updates on Bitcoin, the lead cryptocurrency has made further progress and just now risen above 42k for the first time this... -
Another helpful observation? Brent nails first support and rebounds
Earlier this morning a potential support point for Brent was mentioned here a couple of times. That was in place at $77.67 and the low seen so far... -
Nasdaq 100 still struggling to post another daily close above 16k
On Friday all the major US stock market index posted a higher close on the day. In percentage terms those gains were again led by the Dow Jones. The S...