European Stocks Look Up on Improving Economic Sentiment Data
It's been a good day so far for European stocks, which have managed to climb to near six-month highs on Tuesday
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Last updated: Tuesday, April 16, 2019
It’s been a good day so far for European stocks, which have managed to climb to near six-month highs on Tuesday. Improving economic data coming out from China which served to reassure worries of a slowdown in one of the world’s largest economies, coupled with positive German ZEW economic sentiment have helped this climb higher.
German index DAX rose by over 0.7% after the German economic sentiment marked an improvement for the sixth consecutive month. The improvement in market sentiment has also pushed UK’s FTSE up today.
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Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.
His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.
His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
