The more positive sentiment carries over to Europe in early trades
- German DAX futures +0.4%
- French CAC 40 futures +0.4%
- UK FTSE futures +0.4%
Equities are continuing to gain ground after a more dovish Fed rhetoric overnight with US equity futures also up by around 0.4% to begin the session.
For now, the focus is more attached to central banks growing more dovish. However, in the bigger picture, one of the major reasons for that is how global trade and economic developments have turned for the worse in recent months. Is that something that equity investors should be happy about?