10:39 AM · 12 June 2020

Equities recover after Thursday's sell-off

Following the biggest single-day drop in over 2 months, European stock indices and US futures are pushing higher on Friday. DAX gains around 1.4% and trades near the 12,100 pts mark. S&P 500 futures sit comfortably above 3,000 pts and around 2% higher on the day. Both indices are still far off post-pandemic highs but concerns over another wave of heavy selling eased a bit.

DE30 bounces off the lower limit of market geometry and tries to recover from yesterday's weakness. Source: xStation5

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Daily summary: Weak US data drags markets down, precious metals under pressure again!

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