EU markets closed sharply lower after a selloff in all major bourses. All sectors other than banking and basic resources closed deep in the red, led by technology and Industrials stocks. The EXSXX600 index closed lower 1.34%. HSBC led the banking stocks to a positive day despite the market weakness after a Morgan Stanley upgrade, hitting 4 year highs on the day. UK GDP is the important news on the agenda Friday morning, at 9:30 GMT.
Earnings on the agenda Friday morning: —
Forex & Commodities markets
The FX markets have seen the Euro moving higher again vs all majors, signaling the possibility of a tither ECB and contributing to the selloff in the markets. GOLD was a loser on the day despite the weakness in the dollar and the global markets selloff for the exact same reason, global tightening fiscal fears. UK GDP is the important news on the agenda Friday morning, at 9:30 GMT.
Swing trades follow up –
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