Analysis European equities bounce back even as risks emerge

European equities bounce back even as risks emerge Analysis
http://ntvforex.com/news/?id=515f2c. . 9 22 2020 12 58 13 PM European stocks bounced back today even as serious concerns about the health of the economy remained. In Germany, the DAX index rose by almost 1% while in France and the UK, CAC 40 and FTSE 100 rose by more than 0.5%. In Asia and the US, however, equities remained in the red. In Hong Kong, the Hang Seng fell by more than 1% while in China, the Shanghai composite fell by 1.3%. In the US, futures tied to the Dow Jones and the Samp P 500 fell by more than 0.10%. The recent volatility in equities is mostly due to the rising number of COVID cases in some countries and the rising political differences in the United States. These differences have made it almost impossible for congress to provide stimulus. The New Zealand dollar declined against the US dollar as the Reserve Bank of New Zealand RBNZ started its monetary policy meeting. The bank will deliver its interest ra...