Rising number of new Covid-19 cases weigh on market sentiment
DE30 launched today's session lower amid rising concerns over surge of Covid-19 cases globally and inflation. Also destruction caused by massive flooding around Germany and Belgium over the last few days could also weigh on sentiment this week. From a technical standpoint, German index broke below the lower limit of the ascending channel and if current sentiment prevails then support at 15123.4 pts may be at risk.
