Germany's Stocks Capitulate as Decline Triggers DAX Death Cross

  • DAX Index has lost 18 percent from its record in April
  • Market strategist at BBSP sees a ``deep correction''

Euro Market Movers: L’Oreal, Anglo American, Abengoa SA

German equities, which have already lost most of their gains for the year, have now fallen into a bearish chart pattern known as a death cross.

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