The re-opening story on the markets is long gone. The second wave of the pandemic is ravaging across Europe and forces governments to consider unpopular moves. Germany’s Angela Merkel has just proposed a monthly closure of pubs and restaurants but France might go much further – Macron might announce a monthly lockdown during his speech in the evening. This is clearly hurting indices with DE30 plunging below the 11870 support and trading at the lowest level since June. With such serious restrictions in store, investors might be looking towards 11000-11335 zone for the next support.

Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher
Oil surges 11% amid escalating Middle-East conflict 📈VIX gains driven by fear on Wall Street
BREAKING: Iran signals Europe will be 'a legitimate target' if EU joins war
Wall Street tries to stop the deeper decline 🗽Marvell Technology jumps 10%