❕ Surge in COVID cases in Germany spooks investors despite solid tech reports
The tech quarterly reports from the Big Four were quite solid but it did little to support market sentiment. Indices are crashing badly into the opening of the European trade as the latest report from Germany (the country that was seen as an example of managing pandemic in Europe) shows nearly 19k new cases. DE30 tanks another 2% and enters the key support area spanning between 11000 and 11335 – will it be enough to stop the sell-off?