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Stocks: Central banks and earnings to dominate agenda, but don't forget oil

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    There was finally some relief for the bruised bulls last week when the markets staged a sharp recovery, raising hopes that the worst ever start to a year is now behind us. The rally was initially triggered by short-covering and a sharp rebound in oil prices, then by renewed dovish talk from the ECB President Mario Draghi. Regardless of the trigger, the rally ensured stocks would close the week in the positive territory for the first time in 2016 and what a relief that was after equities had

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