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European stock market volatility shows little sign of easing up- check out the DAX again now

Ahead of the US opening this afternoon, the European stock markets have continued to show extreme levels of volatility, but without extended ranges. So, earlier the DAX fell back to around 19,036, as the impact of the poor German PMI data hit the index. Granted it was something of latent reaction, but no less deserved given the data. However, since then the index has lifted back again and not that long ago it reached a rebound high at 19,263. That was just below the earlier pre-data session high, at 19,272. Well, what on earth was it doing back there you might ask? The short answer to that here is- no idea, but it is what it is folks. We shall just have to see where this puppy ends on the week and what, if any impact the US markets have, when they reopen for business in around 30 minutes. The DAX is just now trading at 19,230 
 

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