Santa Rally in European Stocks Looking More Likely

European stock market analysis: Hopes of the usual Santa Rally in European stocks are rising on conciliatory comments by US President Donald Trump about a trade deal with China. The stock-market indexes in London, Frankfurt and Paris are all climbing for a third successive session after their recent weakness. Santa Rally may have begun This […]

Sterling (GBP) Slammed Lower on No Confidence Vote Rumour

Sterling, Brexit and No Confidence Vote Talk that ‘No Confidence’ vote triggered by UK law makers. UK PM May under pressure to resign. Q4 Trading Forecasts including USD and GBP. UK PM May at Risk as ‘No Confidence’ Vote Said to Have Been Triggered According to one tv channel, 48 letters calling for a vote […]

DXY Index on the Edge Ahead of Quieter Trading Day

Talking Points: – The National Day of Mourning for the late US President George H.W. Bush means financial markets will be closed, economic data releases pushed until tomorrow, and Fed Chair Jerome Powell’s testimony in front of the Senate Joint Economic Committee is canceled. – With no developments likely on the US-China trade war front […]

Weekly market overview – 04/07/2016

The post-"Brexit" week was naturally a volatile one, as the market tried to digest the meaning of the UK’s choice to leave the EU. While the GBP did not recover and remained historically low, optimism returned quickly to the stock market, as EU and US indices ascended, erasing most or all of the previous week’s […]
Santa Rally in European Stocks Looking More Likely

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