Stock markets in Europe are pulling back as lockdown measures are set to be extended and, in turn, hope for quick economic rebound wanes. Reports surfaced saying that Germany will extend lockdown until May 3. Earlier in the week it was reported that France will remain locked until May 11 and the UK economy may not reopen until May 7. DAX declines 1.7% and trades near the 10,500 pts mark.
DE30 pulls back from a 5-week high and test support zone at 10,500 pts. Source: xStation5
Time to take a breather, oil price pullback helps markets recover
Daily summary: Muted rebound on Wall Street 🗽 Metals attempt to recover as the U.S. dollar weakens
US Open: Falling oil prices calm Wall Street 🗽 Dell and GitLab rise, Palo Alto falls
Market wrap: The US Strikes Iran, Oil hits the markets
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
