Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) Markets Looking Up
1) Markets Looking Up
US stock futures are edging higher, European markets are rising in early trade and nearly all Asian markets closed with gains.
In Germany, the key Dax index has broken through the 11,000 mark for the first time, powered forward by better than expected economic growth figures.
Clearly, traders aren't feeling especially superstitious right now. Tom Beevers, CEO at StockViews, said markets were growing more optimistic about Ukraine and Greece.
A ceasefire in Ukraine was agreed Thursday and is expected to be enacted on Sunday.
And the European Central Bank is reportedly providing further emergency financing to Greek banks to ensure they can continue functioning smoothly even as fears remain that Greece could stumble out of the eurozone. The FTSE Greek banking index is rising by 13%.
"While geopolitical tensions remain high around the world, there are signs of progress," said Beevers.
2) Eurozone GDP
2) Eurozone GDP
The Eurozone of 19 countries posted economic growth of 0.3% in the last quarter of 2014, compared with the previous quarter, according to a preliminary estimate. This was towards the high end of expectations.
Both Germany and Spain saw their economies grow by 0.7%, while France and Italy continued to stagnate.
3) Economics
3) Economics
The University of Michigan will post its monthly consumer sentiment index at 10am ET.
4) Thursday Market Recap
4) Thursday Market Recap
Stocks jumped over the previous trading session.
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