10:39 AM · 19 December 2019

BREAKING: DE30 sinks lower despite record Wall Street

A weakness of the German equity market continues into Wednesday as DE30 sinks to 13160 points – the lowest level in a week. This is striking as Wall Street seats at all-time highs, dismissing Trump impeachment process. We see weakness among automakers and the reason could be additional tariffs included in the USMCA trade deal. DE30 has the key support of 13100 to lean on. Would the DE30 close the gap to US500, that would mean a rally towards 13450 points.

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