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An update here yesterday afternoon noted how the DAX came close to reaching a new all time high above 18,567, but that it stalled short of that level. The DAX topped out at 18,542 and then fell back to a low at 18,427, before rebounding into the close. The DAX closed yesterday at 18,498, with a gain of 68 points (+0.37%) on the day. Since that close yesterday the DAX futures have priced a reopening to above 18,550, but that is not the case right now, as the opening looms. The DAX is just now priced to reopen a little lower, around 18,480. So, it remains to be seen, if the index can launch another attack on that current record, or reject it again today
As noted a couple of times this week, there will be no Quick News updates next week. That is due to absence. However, there are some important events...
As the US stock markets reopen, gold has lurched higher. Earlier it was probing levels above $2,390 and then it took out the previous high just above...
On Wednesday when the EUR/USD lifted above a noted down trend line support, the move extended to a high at 1.0869. That was all driven by the latest...
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