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The reversal in the DAX today has now seen the index fall by over 500 points from the top to the bottom as it approaches the 22,400 mark heading into the 4pm London FX fix. That means there is not long left now until the index will close for the day. The CAC 40 and the FTSE 100 are right now on session lows too. The FTSE 100 is approaching 8,700 and the CAC is close to 8,100 and so it is king to be a full set of lower closes today unless something radically changes in the next 30 minutes. The DAX is right now trading at 22,425 after setting a new all time high earlier today, at 22,935
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
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