Sentiment Higher on New Options of Eurobonds

Market sentiment was lifted amid hopes that some sorts of European bonds will be issues and China’s funding to debt-ridden European countries. Shares in both sides of the Atlantic advanced, in particular, Germany’s DAX surged +3.36%. However, not all commodities shared the optimism. While the front-month contract for Brent crude climbed +0.46% after falling over the past 4 days, the equivalent WTI contract slipped as it failed to hold firmly above 90. Investors were disappointed by the weakness in gasoline demand. Gold price fluctuated between gains and losses but ended the day -0.20% lower.

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Sentiment Higher on New Options of Eurobonds