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: Wall Street climbs higher as oil falls 📈 SpaceX surges 28%
Wall Street Rebounds as Oil Prices Fall 📈 Adobe Shares Drop 8% After Earnings
French luxury companies and banks gain as the inflation rises
Market Wrap: Inflation rises and de-escalation. Airlines recover losses.