Beyond Bulls & Bears

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Last week saw a strong end to the month, which helped many equity indices claw back some of the first half of year losses and have their best monthly performance for some time. There was a glut of corporate earnings and some better-than-expected results from index heavyweights in the United States helped sentiment.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

European equity markets proved resilient last week despite a larger-than-expected ECB rate hike, weak macro data and regional political uncertainty (Italy and United Kingdom). Sentiment was helped somewhat by Russia resuming gas flow via Nord Stream 1 following a maintenance shutdown and some reassuring US corporate earnings.