The past week has seen correction activity across the major global stoic markets as ongoing global economic slowdown concerns have impacted on riskier asset classes.
However, a strong recovery effort over the past 24-36 hours has been a reaction to hopes on avoiding another global shutdown and also from positive soundings regarding US-Sino trade negotiations.
This has seen the major US equity averages push to new 2019 and recovery highs, whilst European indices have pushed back close to 2019 peaks.
Here we spotlight the pan-European benchmark average, the DJ Euro STOXX 50 and the US broad stick market measure, the S&P 500.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/stock-markets-averages-re-energizing-2019-bull-trends/