Combined with somewhat weaker economic and sentiment-related data releases, as well as overbought and extended technical patterns, can European stocks continue to move higher?
Thursday, October 24, 2013
European Economic Policy Uncertainty
With headlines like 'Plans for Political Union Unravel' (WSJ) and 'Draghi's Blunt Warning on Bank Stress Test' (FT), policy (or, rather, lack of a coordinated one) appears poised to exert its influence on European equities once again:
Combined with somewhat weaker economic and sentiment-related data releases, as well as overbought and extended technical patterns, can European stocks continue to move higher?
Combined with somewhat weaker economic and sentiment-related data releases, as well as overbought and extended technical patterns, can European stocks continue to move higher?