Trading Market Commentary May 23, 2017

Commentary

Euro securities went on to under-perform their worldwide rivals at this point yesterday, since the latest resilience of the Euro Dollar which has a weighted of on regional stocks. Angela Merkel said to the media that this Euro common currency is actually “too cheap,” accusing the EU Central Bank, which provided an additional boost to the Euro Dollar yesterday morning although forcing the DAX30 as well as the Eurostoxx 50 a bit lower.

The main US indices were virtually unaffected, retaining slightly below their recovery high levels from a week ago,  Asian securities were also weakened since the Chinese market changed to lower following the holiday weekend.

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