Investors continue to vote against Trump disarray- DAX futures in the green this morning

Well, there sure was plenty of price action in the DAX on Friday. The index fell back to 22,860 as the US stock markets reopened lower. However, the rebound that followed there helped the DAX to climb back to 23,156 ahead of the close, but it was not able to hold that move and later ended the week with a loss on the day of 410 points. The DAX closed at 23,008. As the US equity futures kicked off the Asian session in the red that did send the DAX futures lower, but not for long. Since then the DAX has been pricing an opening above 23,200, but it is off the highs just now. That said, if you stand back and once again look at the dollar, US equity markets and the DAX, you can see there is a clear disconnect. As noted last week, it seems hot money flow is continuing to desert US stocks in favour of Europe more generally and the DAX specifically. The DAX is right now priced to reopen around 23,135