European indexes are closing off their Monday trading sessions broadly higher on the day, though recent swings in risk sentiment have soured the poten
London’s Financial TimesExchange 100 index is mostly flat for Monday, ending the trading day near £7,513.00, only a few points above the day’s opening bids of £7,505.00.
Germany’s DAX saw similar upside momentum, opening at €15,743.00 and reaching a peak of €15, 851.00 in early Monday trading before giving up half the day’s gains to settle near the €15,800.00 level. European equities will be looking to establish a foothold and mount moves higher after succumbing to declines in broader
in recent weeks. However, the upside sees increasing difficulties as resistance levels consolidate just above.The Eurostoxx 50 index sees a grouping of resistance levels from late August’s peak near €4,340.00, and risk-off flows saw the index slump to familiar lows near €4,180.00. Things are currently hung in the middle as bulls and bears fight to a standstill at familiar levels that have plagued the index for seven months.Note: All information on this page is subject to change.
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