Wednesday’s DAX session started with great optimism. It started with 140 pts bullish gap and 10,000 pts level was quickly tested. Investors had few reasons to be happy. Except positive close of Tuesday’s session in the US there was also great day on Asian markets. Chines indices gained and the leader was Japanese NIKKEI225 with the score +2.84%.
Gains in Europe were helped by EURUSD decreasing and good moods on S&P500 futures. During the day there was publication of data about EU industrial production, which was worse than expected but it didn’t bothered investors. Eventually all major indices ended day with strong gains: DAX +2.71, FTSE100 +1.93%, CAC40 +3.32%, S&P500 +1.00%, NASDAQ +1.55%.
YOU CAN START TRADING ON FOREX MARKET USING FREE XM BROKER ACCOUNT.
DAX managed to come back above 10,000 pts a S&P500 is at highest level since December 2015. It is possible that good moods will stay till ECB meeting next Thursday. The closest resistance is at 10,100 pts and next one in 10,180-10,200 pts.
