breaking news Eurostoxx futures -0.7% at the start of the European session

  • German DAX futures -0.8%
  • FTSE UK Futures +0.1%

The overall risk mood remains more defensive as markets remain in a sell everything mood for the most part. S&P 500 futures are down 0.7%, reflecting continued pressure on stocks at the moment. The DAX looks set for a drop below its 50.0 Fib retracement level (after breaking support from its March and July lows) and this will also put pressure on its 100-month moving average at 12,166. .


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