Spain reported 13 873 new coronavirus cases on Tuesday. This is the second highest daily count since the pandemic started. Meanwhile 7-day average reached record levels of 11 714. Source: Worldometers
SPA35 – index bounced of the upper limit of the triangle formation which is additionally strengthened by 50 SMA (green line) as mounting coronavirus concerns offset hopes of further stimulus in the US and upbeat corporate results. If sellers manage to break below the lower limit of the pattern, an downward impulse towards support at 6527 pts could be launched. Source: xStation5Will the Fed minutes confirm a pause in further easing? 🔎
UK inflation boosts chance for rate cut, as risk finally stabilizes
Daily summary: Wall Street tries to rebound 📈Amazon and Microsoft under pressure of Rotschild & Co Redburn
📌US500 loses 1%
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