Stocks bounce as Fed rate hike fears recede, risk is back.

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Quick Recap It’s all a bit fractured again. But in a good way today because the news that the Fed is walking away from a 2015 hike helped stocks rally in Asia. This positivity then filtered in European and US trade so that at the close the worst performed of the overnight indexes was the FTSE in London with the very healthy rise of 1.1%. The best performer of the big markets I watch was the Nasdaq which rose 1.8%. Citibank’s good earnings performance certainly helped in the US as well

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