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DAX vaults into the opening
As just noted in the previous update, the European stock markets have just kicked off the new month on the front foot. The DAX is leading those gains just now and rising above 22,375 in early trading. As expected the price action is rapid and sporadic and volatility remains at very high levels. The CAC 40 is higher too and so is the FTSE 100. The question really from here on; will this higher opening be sustained into the close later? Hard to answer right now and clearly Trump has the ball on all this. If he walks back on his intentions for whatever he might implement tomorrow, then for sure, the rebound across Europe right now will extend. That remains to be seen of course. The DAX is right now at 22,365
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