The Euro And The DAX Are Tanking Out Of Nowhere

It’s not clear what’s going on, exactly, but there’s been a sharp bout of Euro area selling.

The DAX has dropped over 1.3%.

And the Euro has plunged, per this chart from FinViz:


Photo: FinViz

It’s already a risk off day, but around 4 AM things really took a jolt.

UPDATE: There had been a seemingly twitter-borne rumour about Bundesbank chief Jens Weidmann resigning. The Bundesbank has rejected that in strong terms.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

markets moneygame-us