Monday started amid a risk-off sentiment but this has already changed. DE30 recovered nearly 250 points on comments from the Chinese officials that virus outbreak in Beijing has now been contained. Separately, German finance minister said he was confident about the EU recover fund and that Europe needs to move closer to fiscal union. Looking at DE30 from technical perspective this still could be wave “b” in the “abc” correction but for now the bulls have staved off a sell-off.
Due to Independence Day, the US stock market remained closed today. Concerns about the future of tariff negotiations led to declines in US index...
18:56US indices hit new highs yesterday. Today's lack of trading sessions is causing a slight correction in futures contracts, although it's hard to...
13:48European markets record sharp declines, as investors’ anxiety grows ahead of the looming tariff negotiation deadline. Donald Trump’s pledge...
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