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Daily Analysis: Europe Still Bullish as Ripple Rips Higher

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Daily Analysis: Europe Still Bullish as Ripple Rips Higher

Introduction

This article was posted on Friday, 16:11, UTC.

Friday Market Recap Asset Current Value Daily Change S&P 500 2362 -0.10% DAX 12268 0.10% WTI Crude Oil 50.22 -0.16% GOLD 1246.50 -0.13% Bitcoin 1041 0.80% EUR/USD 1.0685 0.12%   Global stock markets are slightly lower today following yesterday’s strong Wall Street session. The DAX and the EuroStoxx 50 still trades just below their bull market highs, despite the mixed economic numbers. German retail sales came in much better than expected today, while the Eurozone inflation remained surprisingly low. US personal spending was slightly below the expected level, while the Chicago PMI still suggests a positive change in economic activity….

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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