Comment 

Promising stirrings

Dominic Picarda

The news from the US was pretty tidy stuff yesterday. The recovery there is ongoing and yet the Fed hasn’t added to fears that it will lower its money-printing efforts sooner or more aggressively than expected. While the DAX and FTSE enjoyed a bit of a boost from yesterday’s newsflow, neither has yet decisively broken the deadlock of recent days. I am still forecasting them to do so before long, but am not jumping the gun here. There are very few glaring day-trades on offer right now, either in the indices or in EURUSD, for example. I am bullish, but still waiting for a clearer entry, therefore.

Click here for the PDF of today's European Outlook.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now