FTSE 100 flatlines at the open while the DAX gains 0.9%
As seen on the 24/7 Wall St. homepage on October 16, 2026.
- 🇬🇧 FTSE 100—
- 🇩🇪 DAX+0.89%
- 🇫🇷 CAC 40+0.31%
London opens within three points of yesterday's close while Frankfurt runs 0.9% higher, leaving UK blue chips as the laggard of the European session. If that gap holds, the bid is in German cyclicals.
Continue ReadingShow less
The FTSE 100 opened flat on October 16, 2026 at 14,389.84, leaving London behind while the DAX opened 0.9% higher and the CAC 40 added 0.3%.
For investors tracking intra-European rotation, the early read is that fresh capital is going to German names rather than UK blue chips. Keep an eye on whether that preference holds through the session.
When the gap between London and Frankfurt is this pronounced from the opening bell, it often signals that investors are directing fresh capital toward German names rather than UK blue chips. The FTSE 100 is not falling, but standing still when peers are rising is its own kind of underperformance.
For investors tracking intra-European rotation, the early read here is that the bid is sitting in German cyclicals rather than in London-listed equities. Whether that preference holds through the session is the key thing to watch as European trading gets underway.