Daily Market Review: Market Sentiment Rebounds as German Business Climate Improves
Channel: JFD Brokers
Date: 2020-05-26

Daily Market Review by Charalambos Pissouros

European equities and risk-linked currencies gained on Monday, as the German Ifo survey showed improvement in business climate. With the UK and the US markets closed for holidays, the improved risk appetite rolled over to the Asian session today, as China’s central bank said it would strengthen economic policy and that it would continue to drive interest rates on loans lower.

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