Risk-on mood pushes the DAX 1.2% higher

Published: May 27 2023, 08:30 GMT+0

Risk-on mood pushes the DAX 1.2% higher

A quick look at yesterday: DAX rose 183.97 points to close at 15,984 yesterday which makes for a move of 1.2%.

Meanwhile, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 173,700, while the previous figure was 187,100. France Jobseekers Total released yesterday at 10:00 UTC is better than expected at 2.80 million but down from preceding data of 2.79 million according to new data.

The index has been trending positively for about 2 months. The DAX hit a significant low of 15.42 around 8 months ago, but has since recovered 102,324%.