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DAX surges to set new records
The DAX has just now reopened for live trading and it has been a red letter day for the German benchmark. The index has risen to a new record above 17,300 and in the process also set a new record opening level too. Now we do have some PMI data due out of Germany a little later this morning (at 8.30am GMT) . Ahead of that shortly, at 8.15am, we get the same February flash PMI data from France, on services and manufacturing. These can have an impact, but it remains to be seen if they will counter these new records for the DAX and the CAC 40. The DAX is now surging even more as end this update, rising above 17,300 and towards 17,325
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