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European stocks slip on Kremlin comments-check out the DAX now
Without going into detail, comments just released from the kremlin have seemingly delivered something of a risk-off move across the markets. The Yen, which was falling versus the dollar, with the USD/JPY rising towards 155 again has just halted that move and pushed lower. At the same time the stock markets here in Europe have reacted negatively to the threats of an escalation in the situation in Ukraine. The DAX was already falling back anyway and these latest comments have helped to push stocks generally lower now. That said, the moves are not massive at this stage and so far not outside any perceived recent ranges. The DAX opened today at 19,249 and rose to a high at 19,279. The index is trading right now at 19,174
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