Asia Unhedged | Belay that, Mr Spock: Deutsche Bank leads market down
Source: Bloomberg
Source: Bloomberg
Asia UnhedgedReal-time intel on what moves markets

Belay that, Mr Spock: Deutsche Bank leads market down

The DAX started falling before the S&P

April 4, 2017 12:58 AM (UTC+8)

A close reading of the morning’s market moves shows that the DAX started falling before the S&P (this is while Bloomberg tells us that hedge funds are rotating from the US to Europe).

Deutsche Bank is the big underperformer on the DAX. There isn’t any obvious news to explain the German bank’s 2.8% decline in Frankfurt trading today.

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