www.varchev.com

Positive moods are rising in Europe

European markets are expected to open higher on Thursday morning after U.S. stocks saw their best performance in almost a decade on Wednesday.

A dramatic surge in U.S. stocks provided some relief to global markets overnight, with the Dow Jones Industrial Average gaining more than 1,000 points in Wednesday’s trading session. It came after a report from Mastercard said holiday sales had grown at their highest rate in six years, calming concerns about the U.S. economy.

Asian markets enjoyed a rally on Thursday on the back of Wall Street’s success, with the Nikkei pulling out of bear market territory and surging 3.8 percent.

Back in Europe, France’s Vinci Airports announced it will buy a majority stake in London Gatwick for $3.7 billion, and the Moscow Stock Exchange has said it will likely delay buying a stake in the Kazakhstan Stock Exchange until 2019.

Today will also see the U.S. Senate convene and possibly vote on a bill to end the partial government shutdown, which began on December 22 following a dispute between the White House and Democrats over the funding of a southern border wall.

Source: CNBC


 Trader Georgi Bozhidarov


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance