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Europe open – COVID optimism, oil, gold, bitcoin
Is the Market Rebound Premature? It’s been an incredibly turbulent month for financial markets but the last week has given investors much to be optimistic about, with stocks in positive territory again on Tuesday. It’s still early days and I am not at all convinced we’ve bottomed yet but five positive days in six is definitely encouraging. Investors will no doubt just be relieved that the incredible levels of volatility appear to be behind us. This at least provides the foundations for a sustainable rebound even if we see another test of the lows in the near-term. We will start seeing more encouraging headlines ... (full story)