The DAX Index, down 12 percent from its record, dipped below its 200-day average for the third time in four days on Monday,
Bloomberg: DAX Drama
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The DAX Index, down 12 percent from its record, dipped below its 200-day average for the third time in four days on Monday,
Last week?s decline in German equities did little to quell the spirits of bulls in the options market.
The stimulus trade in German equities is crumbling and investors are bracing for the fallout to worsen.
Investors are losing faith in the rally that took German equities to records 27 times this year.