Equity traders are treading lightly today in the wake of the painful losses racked up this week.
Equites markets are enduring severe sell offs as worries about global growth mount.
The bulls are in control as stock markets in Europe and the US are showing strong gains.
Traders are nervous ahead of tomorrow’s European Central Bank meeting as there is chatter the bank will use the meeting as an opportunity to confirm that rates will be hiked in July.
Equity markets in Europe are pushing higher again as the bullish mood continues to circulate.
It is another painful day on the markets as traders are dumping stocks. Continued concerns about the possibility of several interest rate hikes from the Federal Reserve and the Russia-Ukraine standoff is weighing on the mood once again.
The hawkish tones from Federal Reserve members yesterday are still rippling through the markets today.
S stock markets are up following the news the US economy grew by only 2% in the third quarter, while economists were expecting a reading of 2.6%.
European stocks are on track to finish higher today following on from the major declines that were witnessed yesterday.
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