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Daily Analysis: Stocks Continue Lower as Bitcoin Rebounds

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Daily Analysis: Stocks Continue Lower as Bitcoin Rebounds

Introduction

This article was posted on Monday, 16:58, UTC.

Monday Market Recap Current Value Daily Change S&P 500 2319 -1.10% DAX 11092 -0.95% WTI Crude Oil 47.19 -1.71% GOLD 1260.50 0.93% Bitcoin 1025.00 7.39% EUR/USD 1.0894 0.91% Negative sentiment ruled the European session on financial markets today, as the global correction remains intact following the weak bounce at the end of the week. US futures lead the decline this morning after Friday’s failure regarding the healthcare bill of the new administration. As the major US indices hit new 6-weeks lows, European stocks outperformed, helped by the better than expected German Ifo business climate index. Safe-haven assets benefited from the…

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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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