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European equities open firmer 17 Dec

Discussion in 'Market News' started by ForexLive, Dec 17, 2015.

  1. ForexLive

    ForexLive Forum Member

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    As expected in the wake of post-FOMC positive reaction elsewhere - FTSE +1.6% - DAX +1.9% - CAC40 +2.3% - FTMIB +1.6% - IBEX +2.0% A few readers are rightly asking why the US interest rate hike is giving a boost to equity markets when the traditional correlation is the reverse, but there was no shock element this time.

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