Eurozone experienced more discouraging economic Purchasing Managers Index (PMI) data and a Thirteen month low is undoubtedly hitting at the wrong time. Also, Q1 Gross Domestic Product released below estimates at plus 0.4% compared to previous positive 0.7%.
Having looked at bumper results for Eurozone equities in 2017, it's rumored the majority are cashing-out. The weakened Euro currency is helping exporters, and so we observed that evidenced in the DAX Index rising 1.5% on Wednesday. The Key resistance is in progress, while Mean support is well established, with Index Rally completed at 12828.
Having looked at bumper results for Eurozone equities in 2017, it's rumored the majority are cashing-out. The weakened Euro currency is helping exporters, and so we observed that evidenced in the DAX Index rising 1.5% on Wednesday. The Key resistance is in progress, while Mean support is well established, with Index Rally completed at 12828.