Investors from Europe launched 2020 in upbeat moods. Gains can be spotted all across the Old Continent and in most cases indices trade over 1% higher. Optimism is being fuelled by easing measures undertaken by the People’s Bank of China and anticipated signing of “Phase One” deal on January 15. DE30 is once again trading above the 13300 pts threshold.
📈Morning Wrap: Tech Bounce and Oil Price Collapse Following Signals of De-escalation Around Iran
Daily Summary: From Panic to Euphoria. The Market Recoups Losses.
US OPEN: Falling Oil Prices and Dip-Buying Fuel Rebound as Nvidia falls
Market Wrap: Strong Banking Sector, Sharp Drop in Oil