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 - >
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 - >
Note
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.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.