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Early European stock gains peter out-check out the price action on the DAX
Earlier today the European stock markets reopened on the front foot. That saw the DAX almost open higher, after closing yesterday at 18,097. The high seen was set at 18,101, but that was right at the start of trading and since then all the major European markets have been tracking lower. The losses seem to the stemming from fresh downside across the US futures, all of which are now firmly in the red. Hence, the DAX has fallen back closer to the 18k handle once more. The FTSE 100 and CAC 40 are not performing very well right now either, with both battling to hold any gains at all. In fact the only the CAC is now in slight positive territory. The DAX is currently trading at 18,028
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DAX edges above 18,400 in the first hour of live trade
The DAX did reopen higher today. That outlook was noted here earlier before live trading resumed. The index closed on Friday at 18,301 and the futures...
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S+P 500 futures buoyed by Japanese and European stock rebounds
On Friday the US stock markets all slumped to a lower close. As already noted here this morning, the losses were led by the Nasdaq 100 and that...
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GBP/USD has a look below 1.3100 this morning
The GBP/USD has not long ago hit a new session low under 1.3095 and that is the first time the Pound has traded back underneath the 1.3100 handle...
