Major indices started the week with explosive rally following an outburst of euphoria in China. Without a specific catalyst, the Chinese indices (including CHNComp) surged around 5% on state media report that the economy now needs “healthy bull market”. Clearly investors interpreted this as state intervention and it lifted sentiment on global indices as well. As a result US2000 surges by 2.8%, US30 1.8%, DE30 and US100 1.5% - the last one setting another all-time high. Investors chose to ignore new COVID related restrictions in Australia and Spain.
DE40: Europe moves sideways, Nestle gains
Chart of the day - US100 (16.10.2025)
UK GDP picks up in August as budget tax hike speculation goes into overdrive
Daily Summary – Wall Street Rally Driven by Powell’s Promises
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