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13:12 · 24 July 2018

DAX surges on Tuesday

Tuesday has been a great day for European stocks so far as they have taken inspiration from yesterday’s session on Wall Street. Moreover moods have been boosted as the German manufacturing PMI showed a significant recovery and traders are hopeful ahead of tomorrow’s meeting between JC Junker and Donald Trump in Washington. DE30 (DAX30 futures based CFD) surges by 1.3% today and leads the European markets higher. Traders will eye July’s high of 12770 points that acts as the nearest resistance.

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