years on the market

01.10. Fresh trading analysis: manufacturing sector recovery in the EU, fiscal stimulus hopes in the US

Thursday, October 1st, today’s news—new eurozone data shows a recovery of growth in the manufacturing sector in Germany and France. This fueled the rise in the European markets, another factor is the Wall Street rally caused by the hopes of a fiscal stimulus deal in Q4, dollar is weaker as a safe haven currency. The price of Brent oil is $42.06, WTI—$39.98, EUR/USD is at 1.1741, GBP/USD—1.2836, gold is $1,900.65 per ounce.

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