DE30, ITA40 tumble on risk aversion
Equity indices see big moves Thursday morning as the US-China relations soured again after the Huawei CFO detention in Canada. In Europe indices like POR20 (-3%), ITA40 (-2.5%) and DE30 (-2.4%) are the biggest losers. The German DE30 is precisely at the 2-year low, 20% below the all-time high from January. The next key support zone is at the 10800 points.