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DAX: European stock markets plunge

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Global equities have fallen for a second day today, hurt by weakness in banks and commodity stocks. At the time of this writing, the major European indices were off between 1.5 to 3.0 per cent, and US index futures pointed to a weak start on Wall Street later. Sentiment is downbeat mainly because of renewed selling pressure in oil, as well as on-going concerns about the global economy and the possibility that Britain may leave the EU. The positive impact of QE and central banks’ desire to hold

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