Equity Rally Continues With Trade In Focus
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Equity Rally Continues With Trade In Focus
Equity markets continue to climb heading toward the weekend. Adding to yesterday’s US index gains of 0.6% to 1.0%, US index futures are up 0.2% to 0.4% this morning. In Europe, the Dax is up 0.5% and the FTSE is up 0.4%. Overnight, China reported a stronger than expected trade surplus ($96.1B vs street $89.0) boosted by higher-than-expected export growth (8.1% vs street 1.9%). Crude Oil is up 2.0% and trading back above $60.00 on this news, whil…
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