DE30 soars more than 2%

During Tuesday's session we can observe positive sentiment in the equity markets. The German index DE30 rose by almost 2.5%, and similar increases are also observed on the French FRA40 and London's UK100. After breaking above the consolidation zone, DE30 upward movement accelerated and index managed to overcome the psychological level of 13,000 pts. The closest resistance is located at 13,080 pts, and breaking that level will open the way towards the recent highs at 13,290 pts. It is also worth noting that the US500 index is approaching historical peaks, it is only 30 points short to wipe out all the declines caused by the coronavirus pandemic.

On the other hand, gold and silver lose due to the prevailing risk on sentiment. Gold is plunging more than 2%, the price of this precious metal has shifted back below the psychological level of $ 2,000 and continues to decline. Silver is trading over 4% below yesterday's closing level.

DE30 H4 interval. Source: xStation5

8 October 2026, 12:13

Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)

8 October 2026, 10:00

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8 October 2026, 07:55

Chart of the Day 📉 DE40 Falls 0.7% and Tests Key Support Amid Weak European Market Sentiment (October 8, 2026)

8 October 2026, 06:50

Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%

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