Wednesday brings a continuation of a strong rally on European indices. This is the fourth day of strong gains and despite concerning news of unrest in Hong Kong indices keep soaring higher – close to 2% up for DE30, FRA40 and EU50. DE30 is up a massive 46% from a pandemic low in March! Looking at DE30 the level to watch is 11830 – a local low from October 2019.

Daily summary: Dollar rout after NFP, Gold back on the rise
Three markets to watch next week (07.08.2026)
US OPEN: Shallow rebound in the shadow of a weak labor market
Dollar and Nasdaq facing a key test