Stocks averages signal bull trend threat (DAX forecast)

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A surge higher for global stock averages on Thursday to start to resolve the indecisive tone across indices from the past 2-3 weeks to a more bullish outcome.

This was driven by a far better than expected US Employment report for June, with the belief in a strong re-opening of the global economy outweighing the threats from the global rise in new COVID-19 cases (particularly in the southern US states).

Here we look at the German benchmark stock index future, our DAX forecast for today and into July.

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