Global stock markets took a hit yesterday. DE30 managed to test post-pandemic highs at the start of the European session but has been giving up gains later on. Bearish candlestick with a long upper wick surfaced on the chart and the index continues to decline this morning. Is it just a brief pause or are we set to see a correction similar to the one from September? Two important events for European markets will be held today - EU summit on budget and ECB meeting - and they may offer both bulls and bears more fuel.
DE30 made the third failed attempt of breaking above 13,450 pts area yesterday. Long upper wick of the daily candlestick can be seen as a warning, especially as it was painted in such a key area. Source: xStation5
Daily summary: Risk assets keep sliding on US rate cut jitters (17.11.2025)
Chart of the day: USDJPY (17.11.2025)
The Week Ahead
US Earnings Season Summary 🗽What the Latest FactSet Data Shows
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.
