Equity markets tried to rebound in early trade but this attempt has failed and we see a strong risk-off sentiment again. DE30 is among the major losers today, down more than 2% and trading at around 12350 points. After breaking out from the triangle formation the nearest support is at (still remote) 11870 points.

Daily summary: Sense of relief to global markets🎢 OIL prices dip 8%🚨
Eurozone PMIs: German Factory Revival Masks Underlying Stagnation 🇪🇺
Wall Street rebounds as Q2 earnings season significantly exceeds investors expectations
Morning Wrap: USA Halts Strikes – Oil Down, Stocks Up (03.08.2026)