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Earlier this morning, via a couple of updates here, I noted the open price gap in the DAX from the previous record high, at 16,837, to the opening level this morning, at 16,948. Well, since rising to a new all time high at 17,003, the index has been tracking lower and trying to fill that gap. It has come close so far, but not yet quite managed to do that. At the same time, the shine has come off the FTSE 100, following the hawkish hold from the Bank of England today. Earlier the FTSE 100 rose to an interim high at 7,724, It has traded to below 7,680 following that BOE decision and policy statement. The DAX has traded to a low so far at 16,850 since peaking at 17,003. It is currently trading at 16,868
The comments from the US Fed governor Chris Waller have not been lost on the US stock futures. Of course they had gotten a boost earlier from the...
The latest (April) Canadian Retail sales data has just been released. The markets were expecting an increase of 0.4%, compared to a rise of 0.8% in...
The June reading of the US Philadelphia Fed index was expected to improve from the -4 reading posted in May. The forecast was for something around -1...
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