3:58 PM · 1 June 2020

DE30 soars above 11800 points

Despite a flurry of seemingly bad news equity indices remain in the champagne mood. A mix of US-China tensions and escalating street riots in US cities did little to change stock market sentiment. Monday is a public holiday in Germany but DE30 has managed to recoup all the morning losses and has just climbed to the highest level since 6 March. This market is nearly 49% up from the pandemic low and is testing local lows from October 2019.

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Nasdaq 100 Up 1.7%

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