During the week, continuing their movement Revaluation of all markets pushed upward by the interventions scored by central banks to support economic growth. This has reduced the downside risk of the market, increasing the potential short-term bullish, despite the macroeconomic data still show a certain weakness (Adp estimate showed in the loss of 39,000 jobs in September in america disappointing forecasts Analysts were expecting instead the creation of 20,000 jobs). This week also the rise of oil and the widespread of all commodities has pushed upwards all the rich markets of raw materials. For some good emerging markets (Korea, India, Malaysia, Turkey) that mark new highs period, while Brazil is close to the highs. In the week just closed the upward movement has also involved the stock of the Old Continent, confirming the Dax as a market with better technology and trend setting. Very important for the pursuit of the trend break of resistance at 6300 points. Among the sector very well in Europe, the automotive, chemical, and basic material remains in the queue instead of the banking, insurance and utilities.
In currencies, the euro continued to rally the dollar and pound, approaching the long bearish trendline. The strength of the euro is undermining European investor increases for raw materials and bond bullish trend is emerging where visible in the attached graph.
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