Pro-democracy protests in Hong Kong induced to the fall of stocks in Asian markets, and subsequently the same effect in the European market. The economic data release of the German Economy, the U.S Consumer Spending and personal income data, did not change the market sentiment, as it is not presented too far from expectations. In the euro zone consumer confidence declined in September and the value of stocks remained low.
The European economy continues to weaken and the demonstrations in Hong Kong add to uncertainty.
Investors should remain cautious until the next earnings season starts, so in the short term is not expected to emerge signs of strength in the stock market.
Daily chart of the Index DAX30: