Economics
DAX Revival Draws Believers After 11 Days Without Decline
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German stocks, up 16 percent since mid-October and rallying for 11 straight days, have further to run, according to the options market.
Contracts that pay off should Germany’s benchmark DAX Index continue its advance cost the most since January relative to bearish ones, three-month data compiled by Bloomberg show. The German gauge has rallied 7 percent this month, almost twice as much as the Euro Stoxx 50 Index.