Scoreboard: Presidential lag

Markets were subdued after the President’s Day holiday and mixed data from Germany and the US.

Coming back from the President’s Day holiday, US punters didn’t feel like doing too much with equities and it was a fairly subdued session. Most of the action was in other markets. Equities themselves were largely flat around the globe, mixed data neither adding nor detracting to that tone. The key release overnight was the German ZEW survey (a survey of investor sentiment). This showed a mixed outcome, with the current situation index spiking to 50 from 41.2 – well above average – although the economic sentiment index fell to 55.7 from 61. Still well above average, but of course the momentum is all wrong.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles