European stocks slump as Covid fears rise

Continued pick-up in global Covid-19 cases and new record reached in daily cases yesterday exert pressure on European equities. Stocks from the Old Continent slumped after the launch of a cash session. DE30 is trading around 1.3% lower already and is testing an important support level at 12,640 pts. Keep in mind that German GDP report at 9:00 am BST may provide even more volatility.

DE30 slumps and tests the lower limit of the Overbalance structure. Source: xStation5

Daily summary: US stocks struggled for momentum amid weak data
&2757$Technical alert: US100 &YC8$
Coronavirus: market update
US Retail Sales Rise 1.2% in July
EURUSD breaks back above 1.18 handle
When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses.