Tuesday saw sharp declines on Wall Street with US100 pulling back more than 10% from the top but the European markets were more resilient and this strength is seen once again today. DE30 has recovered more than 1% despite weak Asian session and is still trading just less than 3% off the post-COVID highs.
More importantly DE30 has defended the trendline that’s been present since June. Only a break lower could technically trigger a deeper correction – the last such correction occurred in early June.
DE40: Good earnings and cautious optimism
Chart of the day: US100 (15.10.2025)
Morning wrap (15.10.2025)
Daily Summary: Powell pulls markets back up! 📈 EURUSD higher