Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
DAX steps back steeply from opening above 23,200
The European stock markets have been open for more than an hour now and in that time we have seen the opening gains turn sour. The DAX reopened today at 23,202, but that was just about the extend of the gains, because since then the index has turned abruptly lower, from a session high at 23,204. The index has now fallen below 22,950 and heading towards session lows as this update is typed. As to whether it can rebound again is far from certain, given the price action we are seeing unfold right now. The CAC 40 and the FTSE 100 are lower too, but in terms of standout underperformance, it is the DAX that has the lead on that. The index is right now at 22,925
Market News
All News-
USD/JPY rises above 143
Since an earlier update here noted the price action in the USD/JPY, the dollar has now lifted further and just a moment ago it pushed above the 143... -
Gold falls sharply below $3,300 at the third time of asking
The noted push lower in Gold earlier this morning did initially seem to stall ahead of $3,300 for a second time, notwithstanding the ever so slight... -
DAX slips after German GDP fails to pass expectations
The latest German GDP report has just this minute hit the screens. The markets were expecting GDP to rise in Q1 by around 0.2%, where it fell by 0.2%...
