Ready to Get Started?
Start here. Join 2.9M Libertex users around the world!
DAX set for a slightly higher opening today
Most of the European stock markets were closed yesterday for the May Day holiday. That included the DAX, but the DAX futures were up and running and at one point they priced a reopening for today above 18k, as the US stocks surged yesterday evening. However, the noted slide there in the final hour of trading sent the DAX futures down to session lows, not much above 17,800. The index last closed on Tuesday at 17,932. It will reopen this morning and right now that opening is set to be modestly higher. The 50 day moving average capped the downside on Tuesday and it is potentially back in play this morning. That was in place as of the close on Tuesday at 17,905 and could be a supporting level again today. The DAX is currently priced to reopen at around 17,955
Market News
All News-
GBP/USD has a look below 1.3100 this morning
The GBP/USD has not long ago hit a new session low under 1.3095 and that is the first time the Pound has traded back underneath the 1.3100 handle... -
CAC 40 still waiting for answers
As just noted in the previous update looking at the opening outlook for the FTSE 100 this morning, the CAC 40 closed lower on Friday. The index handed... -
FTSE 100 set to open higher shortly
On Friday the FTSE 100 was best of a bad bunch again when it came to the relative European stock market weekly closes. The FTSE 100 closed 0.73% lower...
