Equity markets keep tumbling in December after Donald Trump hinted at a protracted Trade War and today’s comments from China only add to this negative sentiment. The Foreign Ministry of China said that “US will pay the price” for bills condemning actions in Hong Kong and Xinjiang. Investors see this exchange of words as sign that any trade deal is very remote. DE30 is sinking towards 13000 just ahead of cash market opening.

Three markets to watch next week (23.10.2026)
Daily Summary: Oil at five-month highs, indices under pressure (23.10.2026)
US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)
Macro Calendar: Preliminary PMI Readings and Earnings Ahead