The early rally in the German DAX is gone

The most-bizarre reaction to the Trump win for me was the initial rally in the DAX. If the US is coming with tariffs, that’s a big problem for Germany’s export sector, in particular.

The market seems to have figured it out as the rally has now turned into a 0.3% decline. Here is the intraday chart:

This article was written by Adam Button at www.forexlive.com.