Liu He Archives - The Industry Spread

European Market Saw Mixed Activity amid Upbeat EU GDP & German Macro Data

May 1, 2019

Equities across major global markets are set for yet another day of bearish declines. Despite positive cues from US Wall Street’s activity overnight, disappointing Chinese PMI updates influenced bearish investor sentiment in Asian market resulting in major benchmark indices and equities trading and closing in red today. Meanwhile, European markets also saw a dovish opening on cues from the Asian market and decline in bank sector shares awaiting macro data updates for short term directional trading cues.