📉 DAX tumbles on new virus fears 🔽

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Stock markets in Europe have launched today's trading with bearish price gaps and the move has been gathering pace since the launch of the session. New coronavirus strain has been discovered in the United Kingdom and it is said to be highly contagious. Several countries decided to cease flights to the UK as a result and virus fears have returned to the markets. DE30 pulled back from the post-pandemic highs and broke below the 13,300 pts mark. Indices from the Old Continent trade over 2-3% lower while oil is dropping around 5%.

DE30 trades almost 3% lower as virus fears return to the markets. Source: xStation5

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