DAX erases morning bounce as rout deepens

11 October 2018

This content has been created by X-Trade Brokers Dom Maklerski S.A.

European stock markets joined the worldwide sell-off across riskier asset classes on Thursday. The declines were triggered by spiking US Treasury yields and concerns over trade conflict biting into corporate profit margins. The German DAX erases morning bounce to trade back in the vicinity of the 11500 pts handle in the early afternoon.

This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 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. X-Trade Brokers Dom Maklerski 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.

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