An erratic session on Tuesday, with global equity markets rallying, dipping and rebounding already this week, but the underlying “risk on” theme remains intact.
Equity markets have been bolstered by positive news from the weekend regarding developments in the US-Sino trade negotiations and more recently by the willingness for the UK Government to look to extend the Brexit leaving date, making a No Deal Brexit less likely.
This has seen global equity indices move to new 2019 highs in many cases, with European averages doing particular well through late February.
Here we spotlight the pan-European benchmark, the DJ Euro STOXX 50 and the key German average, the DAX.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/european-equity-averages-stay-strong/