Future Markets Trading Higher in Europe and US

Future Markets Trading Higher in Europe and US

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According to AvaTrade, Europe and the US’s futures markets are trading higher as a response to the easing of lockdown measures across the world.

Last week, the platform has said that market optimism was returning and now the markets appear to be telling the same story. This story is being told by the US reversing losses on their stock and some small gains seen on the S&P500 and the NASDAQ in the US.

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Meanwhile across the pond in the UK, the Dow Jones saw a 0.43% increase, already one week ahead of their proposed lockdown relaxation. The easing of lockdowns in Covid hot spots like Italy and Spain should also help to improve the situation in Europe on a whole.

Although this is a good initial sign, AvaTrade admits, “there is still no shortage of sceptics in the current stock rally, because for them, everything is still pretty much on shaky ground.” Another shadow cast over the potential for the global economy’s recovery is the tensions that are continuing between the US and Asia.

Clearly, everything remains ambiguous but there are some signs of life, particularly as the oil price has risen, showing the first signs that its lowest point had been reached. For full details about all these areas, navigate to AvaTrade to read their rundown in full.

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