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.
Daily summary: Oil still pressures Wall Street despite favorable CPI data 🗽
Mixed sentiments on Wall Street amid Iran war🗽Oracle shares surge 10%
Market Wrap: Market awaits Middle East resolution and US CPI🕞
📈US100 bounces back above the 100-day EMA