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DAX yet to react to the rebound in the oil price- will it?
Earlier today we noted how the DAX had traded as low as 25,172 earlier this morning and since then the index got a boost from the more than $3 relapse in the price of Brent. That allowed the DAX to recover as high as 25,480. Granted it is stepping back a bit now, but when we see where the US stock markets are in the first 15 minutes of live trading, we wonder why the DAX has not reversed lower than it has so far, especially given the sharp rebound in oil.
Perhaps the DAX will react more on the downside, but we shall have to see on that. It is currently trading at 25,440
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DAX yet to react to the rebound in the oil price- will it?
Earlier today we noted how the DAX had traded as low as 25,172 earlier this morning and since then the index got a boost from the more than $3 relapse...
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Brent crude Oil rebounds as US stock markets reopen - here is why
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Dow Jones futures rebound further now
Earlier today we noted how the Dow Jones futures were potentially pricing the opening at, or just below the 52k handle. Well, since then we have...