Europe's situation impact on markets

Things are not looking good for the European equity markets.
Should the daily candle close below the current £5769 support, the March lows will be expected. Covid19 cases numbers are rising around Europe as Ireland becomes the first country to impose a national lockdown while Spain becomes the first country to cross 1m cases in Western Europe.
EuroStoxx 50 - >

German DAX 30 - >

IBEX 35 - >

CAC 40- >

Switzerland 20 - >

تعليق:

Economic Clues | Data today will offer more evidence of the euro area’s fading recovery, with manufacturing surveys forecast to weaken again in October. That follows numbers yesterday that showed debt-to-GDP ratios have expanded across the euro area thanks to a surge in borrowing and an unprecedented slump in economic output.

Virus latest | Poland joined Germany, Hungary and Romania in reporting a record gain in coronavirus infections, while Spain and France became the first countries in Western Europe to pass 1 million cases. Meanwhile, Belgium’s foreign affairs minister is being treated in the ICU, and governments across the continent are facing a dearth of medical staff. Here's the latest.