Sun. Jan 16th, 2022

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

European markets gain

1 min read

Stocks

European stocks advanced on Wednesday, following a positive trend on Wall Street on Tuesday and in Asia Pacific markets overnight.

The pan-European Stoxx 600 climbed 0.9% by early afternoon trade, with autos adding 2.5% to lead gains as all sectors and major bourses entered positive territory.

European Commission President Ursula von der Leyen said Wednesday that there had been progress in talks over a post-Brexit trade agreement with the U.K. and the next few days would be “decisive,” offering a boost for stocks early in the session. Sterling and the euro both jumped on the remarks, hitting $1.35 and $1.22 respectively.

The positive trend had been set for European markets after gains on Wall Street Tuesday, bucking a negative trend in recent sessions. The Dow Jones Industrial Average climbed nearly 340 points, helped by a 5% jump in Apple’s stock, while the S&P 500 climbed 1.3%, snapping a four-day losing streak.

The surge in coronavirus cases is also a key focus for investors with several major economies, including Germany, Italy and the Netherlands, changing Christmas plans to relax restrictions in order to curb a sharp rise in cases.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.