DAX set to open markedly higher this morning

Since the last update here this morning the CAC 40 futures have risen above 7,600 and that has helped to propel the opening outlook for the DAX. The reason for the gains comes from the belief that ultimately Le Pen will not gain an overall majority, owing to tactical voting and candidate manipulation amongst the other leading parties, but we shall have to see on that for sure. Nevertheless, the prospect of this has lifted the European opening outlook. Perhaps it is just the more usual monthly opening dynamic delivering a drive back into stocks? We have certainly seen that unfold a few times in recent months too. So, the DAX, which closed on Friday at 18,235 looks set to reopen above 18,400 right now, but that opening outlook might change on the next hour or so, before live trading kicks off for the new month