Yesterday the Stoxx 600 broke the June lows, today it confirmed the breakout. Worse still, the national indices are also breaking these levels.
- Stoxx 600 -2.4%
- FTSE 100 UK -2.1%
- CAC France -2.4%
- Italy MIB (reminder: election on Sunday) -3.2%
- IBEX Spain -2.4%
The DAX is at its lowest since November 2020. It’s a bad break.