11:56 AM · 28 October 2019

DE30 surges to fresh 2019 high!

The German DE30 is surging again on Monday enjoying news on Brexit extension and is already 9% up from the October low. At present buyers have no major technical obstacle until 13200 points – a double top from June 2018. This week market sentiment will be driven primarily by the FOMC (Wednesday, 6pm BST) – interest rate cut is expected but traders also want to know what the Fed could do next.

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Daily Summary: Markets limit the pullback while awaiting the Fed

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