The Europe Bulls Are Back

European stock markets are on the rebound with France’s CAC and the German DAX up 1% each. The FTSE is up 0.5% and the euro has crawl back to $1.24 after breaking below that level. It has been bouncing around between $1.23 – 1.24

Asia rose as well with China’s CSI 300 up 2% and the Hang Seng up 1%. Japan’s TOPIX is down 0.7%.

Still, our latest prospective currency short to focus on, the Aussie dollar, is weakening slightly.

From FinViz:


Gold and oil are at $1,213 and $71.88 respectively. The U.S. dollar index is up slightly. U.S. futures are pointing towards a slightly positive open.


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at