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Europe set for a higher opening this morning- DAX futures on the rebound

It was a sea of red across the European stock market closes yesterday. The losses were led by the DAX which closed 202 points lower, at 18,405. That 1.09% decline led losses of 0.75% for the CAC 40 and 0.37% for the FTSE 100. However, following the rebound in the US last night, all three index futures are higher this morning and the DAX is set to resume live trading above 18,500 today. 

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