The DAX opened at all-time high having missed a record close yesterday by a hair’s breadth. The index rallied to 13,630 as other European bourses enjoy a firmer open. German companies are among most exposed global trade worries, and therefore those enjoying the biggest bounce since US-China relations improved at the back end of last […]

The German flagship index DAX is being increased to 40 constituents from September 20th. The change is the biggest in the history of the index and whilst it is not expected to materially alter the pricing of the index, it could affect the way investors view it.  So, who are the new DAX members?  Airbus SE  […]

After 4 days of uneasy talks, EU leaders agreed to a €750bn rescue package for the bloc which includes €390bn in grants. Although short of the €500bn in grants first proposed, it nevertheless marks a significant moment for the EU. The Frugals were brought round (bought off) by increasing their rebates – they can thank Margaret Thatcher for that. The […]

Fading Middle East tensions and a US-China trade deal so close you can smell it helped lift the three major US indices to record highs yesterday. The Dow rallied 200pts and got within 12pts of breaking the 29k level. Overnight futures prices have ramped higher, taking the Dow through this level and indicating it could […]

On Wednesday, Frankfurt's blue-chip DAX 40 index reached a new record high of 16,640 points, fueled by growing expectations that major central banks might pause rate hikes and potentially initiate interest rate cuts sooner than previously expected.