European stock markets rebound along with US futures as more and more central banks decide to deliver rate cuts. Norges Bank cut policy rate by 50 basis points today while People’s Bank of China decided to cut the reserve requirement ratio for banks. Apart from that, financial regulators in Spain, Thailand, UK, Italy and South Korea imposed restrictions on short-selling. DE30 is trading around 4% higher.
DE30 tries to recover after testing 9200 pts area earlier this week. Source: xStation5
U.S. stock indexes are rising during today’s session but gave back part of their gains following comments from U.S. President Donald Trump. Trump...
18:33The trade war de-escalation has been a major driver of market fluctuations this week. Although hopes for an agreement between the US and China turned out...
17:51Gold prices (GOLD) have declined since the metal tested the $3500 area. Today’s session brings another strong downward move, with gold losing...
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