DAX 30 Pressured to the Downside as Volatility Becomes an Issue
DAX 30 Pressured to the Downside as Volatility Becomes an Issue Key Talking Points: Speculative trading causes a spike in volatility followed by a risk-off move The DAX 30 is struggling to recover from yesterday’s selloff as risk-off sentiment took control of the markets. The ongoing coronavirus pandemic continues to be a big concern for investors, but yesterday’s price action was mostly driven by a spike in volatility in US equity markets. A sudden surge in buying interest in some stocks like GameStop and AMC Entertainment brought on by a coordinated effect on Reddit has led to a few la...
Source: dailyfx.com