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Week in Review

Weekly Analysis: European Stocks Hit New Highs in a Historic Period for Cryptocurrencies

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Weekly Analysis: European Stocks Hit New Highs in a Historic Period for Cryptocurrencies

Introduction

This article was posted on Saturday, 16:43, UTC.

Weekly Recap Asset Current Value Weekly Change S&P 500 2398 0.88% DAX 12675 1.76% WTI Crude Oil 46.47 -5.75% GOLD 1228.00 -3.21% Bitcoin 1570 16.11% EUR/USD 1.0998 0.91% Global stock markets had a surprisingly quiet week, despite Federal Reserve’s meeting and the US Employment Report, which usually cause volatile episodes all over the world. The major indices were mixed with the European exchanges outperforming their peers by a wide margin. US equities showed weakness “under the hood”, as several broad indices underperformed the leaders of the market. This divergence might be the precursor of a risk-off period, although the second round…

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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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