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Daily Analysis: Stocks Trade Sideways Again, Litecoin Surges

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Daily Analysis: Stocks Trade Sideways Again, Litecoin Surges


This article was posted on Thursday, 15:53, UTC.

Thursday Market Recap Asset Current Value Daily Change S&P 500 2353 0.21% DAX 12226 0.16% WTI Crude Oil 49.83 0.63% GOLD 1248.50 -0.43% Bitcoin 1033.30 -1.30% EUR/USD 1.0736 -0.26%   Financial markets had another quiet day before the US GDP print, as the key stock markets consolidated below their weekly highs, and investors remain cautious following last week’s volatile correction. European stocks still outperform global markets, while the Japanese Nikkei index is the worst performing major market so far, while US benchmarks are also well off their overnight highs. The slightly better than expected final GDP reading pushed stocks higher,…

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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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