Stocks: US earnings in focus as Russell tests 2014 low

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    After a strong performance in the first half of the day, the global equity indices have given up significant chunks of their earlier gains. Clearly, bullish traders are still lacking in confidence after witnessing the worst ever start to a year last week, mainly because of growth worries in China. These concerns could intensify if Wednesday’s trade figures point to further slowdown in the world’s second largest economy. Stocks are also pressured by additional sharp falls in the price of oil to

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