German DAX closes at a new record

European indices closed higher to kick off the new trading week, with Germany’s DAX and Italy’s FTSE MIB leading the gains.

The snapshot of the closing levels shows:

• German DAX, +1.26% to a new all-time high closing level
• France’s CAC, +0.03%. Highest close since May 2024.
• UK FTSE 100, +0.41%
• Spain’s Ibex, +0.47%. Highest closing level since June 2008
• Italy’s FTSE MIB, +0.92%. Highest closing level since December 2007

In other markets as European traders head for the exits:

• Crude oil +0.38% at $71
• Gold up $14.97 or 0.52% at $2897.01
• Silver up $0.15 or 0.44% at $32.26
• Bitcoin down -$700 at $95,441

The US dollar remains mixed versus the major currencies:

• EUR +0.13%
• JPY, -0.60%
• GBP, -0.16%
• CHF, +0.19%
• CAD, 0.02%
• AUD, -0.22%
• NZD -0.12%

This article was written by Greg Michalowski at www.forexlive.com.