EU Recovery Fund Meeting In Focus
Essential Insights The Euro is strengthening to a 4-month high ahead of EU recovery fund talks today, with European bond spreads tightening and European equity bourses advancing. AstraZeneca PLC gained positive momentum on the back end of promising initial vaccine test results. US covid cases rise 2.2% in a single…
US Stock Markets are Steady Amid Economic Recovery and Trade Talks
The US stock futures are steady amid hopes over further economic stabilizing due to trade talks with China. Bloomberg reported that China seeks to fast-track purchases of American farm goods according to the Phase One trade deal.
Standard and Poor’s 500 – Bullish Correction Or Bear Market ?
4 Hour Chart – S&P 500 29/04/2020 09:30am With the S&P 500 Index now up more than 30% from its low, the curious question of ‘is this still a bear market or a bull market correction?’ arises. From the offset it appears as though the S&P is undergoing a bull…