Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
European futures point to higher opening for the DAX this morning
Yesterday afternoon all the European stock markets took fright after further news emerged from Ukraine surrounding the use of UK long range military equipment there. That sent stocks on the slide here in Europe and the Yen and the dollar both gained. So, the DAX tumbled below 19k and the CAC 40 fell below 7,200. Both later set negative closes. As for the DAX it somehow managed to just avoid a daily close below the 19k handle after hitting a session low prior to that, at 18,962. The DAX closed at 19,004, with a loss of 55 points on the day. However, as the situation appears to have settled that has helped the European futures to push higher this morning. So, the DAX is currently priced to reopen higher, right now at around 19,100. At the same time, we should be mindful of more potential volatility to come again today and headline trading is very much the watch word once more
Market News
All News-
Nasdaq 100 futures on the drift lower just now
Yesterday the tech sector and the Nasdaq 100 did stage a recovery and that saw the index rise after the European close. The Nasdaq 100 rose above 19... -
Important Addendum to the penultimate update on the DAX
This might yet prove to be important by the end of the day, but in the penultimate update on the DAX it was noted the index had tested the record high... -
German ZEW index beats forecasts but not on current conditions- EUR/USD unmoved so far
The March reading of the German ZEW, economic sentiment index has now been released. As noted earlier, it was expected to show a marked improvement...
