The rebound of the stock markets today was favored by a very strange phenomenon.
The European lists recorded a positive session, after the last ones of a negative sign and started the week well. But don’t get too excited. The rebound of the stock markets today was favored by a very strange phenomenon. Below, with the analysis of the ProiezionidiBorsa Studies Office, we explain what it is.
Positive start of the week for the stock markets, especially London
Let’s start with the numbers. The European squares all closed with an increase between 1.5% and 2.4%. The best was the London Stock Exchange which gained 2.4%, boosted by statements on UK-EU trade deal negotiations. The German stock market also did well, gaining 2% despite the publication of disappointing data on industrial production. The Ftse Mib index (INDEX:FTSEMIB), closed with an increase of almost 1.8% to 19,738 points.
Unlike the last few sessions, today’s session on the Milan stock exchange was up. From opening until closing, prices have steadily risen. And even when we got to the Wall Street opening zone, the prices didn’t show the slightest hint of weakening. A phenomenon that had instead occurred in previous sessions, in particular the last two of last week.
The rebound of the stock markets today was favored by a very strange phenomenon
Today the Italian stock exchange and the European stock exchanges have not accused any influence from the US stock exchange, simply because it was closed. The American stock markets remained inactive for Labor Day, Labor Day. Without US operators to buy, on the Old Continent and Italian markets, trading was reduced. There was a lack of sales and the few purchases made a difference.
More than anything else, he has bet on a Wall Street rebound in tomorrow’s session. The cautious optimism stems from two factors. One is the partial recovery of prices at the end of the Friday session of the American stock exchange. The second concerns the US employment figure, which fell in August to 8.4% against the previous 10.2%. An encouraging figure that suggests that the recovery in growth in the United States is continuing strong.
Deepening
To know the multidays analysis and the point of view of the international markets of the ProiezionidiBorsa Study Office, click who.
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