Last week saw very sturdy gains in equity markets. Most of the company earnings results met or beat expectations, par Google though the market brushed this off pretty quickly. German ZEW came in alot higher (-21.6 vs -53.8 previously) this was the biggest gain ever seen in one month.
Of all the indices the UK’s FTSE has lagged compeered it European and US equivalents. Though it hasn’t made as impressive gains it has firmly put a green candle in everyday. The Dax and Eurostoxx are now entering where they got destroyed on high volume in August. By the way its trading it seems as though many stops are being triggered.
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