Last week we reported risks of a deeper correction to US and global equity markets.
Subsequent strong advances across Asian, European and US stock markets and averages have rejected a more negative theme and seen risks flip back to the upside into early April.
This morning has seen strong gains driven by optimism from Chinese Purchasing Managers Index data, particularly for Manufacturing.
Here we focus on the US benchmark average again, the S&P 500, but first the German flagship index, the DAX.
Report here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/us-and-european-equity-averages-pointing-north-again/