Daily summary: DE30 recoups losses during BlueMonday

Today is the US holiday and at the same time what it’s called a BlueMonday – the most depressing day of the year. It started a bit that way on indices without a typical rocket fuel from Wall Street but while some Europen indices ended lower, German DE30 recovered towards the highs of the year, and is just shy of the all-time highs.

A lower shade is a signal that bulls want to try all-time highs. Source: xStation5

Calendar-wise it was a calm day with revised output in Japan or German PPI not impressing investors. It was also a fairly calm day on the FX market where EURUSD struggled and slid below 1.11 but overall moves were minor. USDZAR spiked in the morning over concerns regarding financing for state companies but recovered part of the losses.

Gold and silver edged higher but Oil was unable to hold on to morning gains that resulted from riots in Libya. NATGAS prices dipped to the lowest in almost 4 years on warm US winter and supply glut.

Calm start doesn’t need to translate into equally uneventful week as we have some key events ahead. Investors will be looking for clues from US earnings, ECB meeting and a series of flash PMIs. We will be reporting about these events in this section.

6 May 2026, 7:04 PM

Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD

6 May 2026, 3:39 PM

US Open: Wall Street climbs higher driven by oil sell-off and technology stocks optimism 📈

6 May 2026, 12:50 PM

Nasdaq 100 has risen 25% from its March 31 low 📈 What’s next?

6 May 2026, 11:48 AM

Market Wrap: Axios reports drive European markets; Novo Nordisk the star of the day❓🚀

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