Sentiment Lifted on Recapitalization Hopes. ECB in Focus
BonTradeHopes of recapitalization of European banks lifted sentiment, sending financial markets higher. European bourses led the gains with DAX surging +4.91%. Wall Street fluctuated in morning trading session but climbed decisively higher in the afternoon. DJIA and S&P 500 gained +1.21% and +1.79% respectively. Commodities were also boosted with WTI crude oil price soared to a 3-day high before ending the day at 79.68, up +5.30%. Gold remained supported at around 1600.
See original here:
Sentiment Lifted on Recapitalization Hopes. ECB in Focus
