Pressure returns to global stock markets at the beginning of a new quarter. Stocks in China, Japan and South Korea dropped while European equity indices started Tuesday’s session with massive declines. German DAX is trading 3.5% lower while UK FTSE declines 4%. S&P 500 futures attempt to hold above 2,500 pts mark.
DE30 once again failed to make a meaningful break above 10,000 pts mark. The index is pulling back towards the lower limit of the trading range at 9,500 pts. Source: xStation5
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Daily summary: Weak US data drags markets down, precious metals under pressure again!