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08.04.2020 EURO STOXX50 Daily Analysis

Today Euro Stoxx 50 is trading at $2,825.10 (-1.14%). Major equity benchmarks from Italy to Germany advanced on Tuesday, taking their

08.04.2020 EURO STOXX50 Daily Analysis
Yazar: Zack Smith

Yayınlanma: 9 Nisan 2020 13:33

Güncellenme: 8 Kasım 2024 20:07

08.04.2020 EURO STOXX50 Daily Analysis

Today Euro Stoxx 50 is trading at $2,825.10 (-1.14%). Major equity benchmarks from Italy to Germany advanced on Tuesday, taking their gains from last month’s low to 20% or more. The Euro Stoxx 50 Index to has advanced similarly. A close at these levels would technically mark the beginning of a bull market, even if it’s one that sees euro-area shares 25% off this year’s highs. Traders are turning more optimistic this week as the number of coronavirus infections has slowed in several European countries, while others such as Denmark and Austria are relaxing lockdown measures.
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