DAX Index, Germany’s benchmark stock index, is trading nearly 2% higher today as the markets shift towards a risk-on environment. The price action is now approaching the key resistance around 12000. Fundamental analysis: Germany to allow travel from mid-June Germany is preparing to introduce a new range of measures to relax travel restrictions. The government is aiming to allow travel to 31 European countries (EU member states + the UK, Iceland, Norway, Switzerland and Liechtenstein) from mid-June. The easing would allow Germans to spend holidays abroad as the pressure on Chancellor Merkel increases to lift restrictions quicker. Certain states, such
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