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DAX extends gains above resistance around 18,235
The European stock markets have recently reopened and it has been a very positive start to the session. The FTSE 100 has effectively reopened higher and lifted above 8,300 for the first time ever and ignored the disappointing results released earlier from BP. The DAX has lifted above a noted potential resistance level around 18,235 and not extended its opening gains towards 18,275 in early trading. The news and results from Infineon has not dented the opening price action either. The gains in Europe in early training come amid further upside for the US equity futures
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