Weekly comment MM Prime TFI - May 30, 2016
Last week the world’s major stock exchanges were dominated by bulls. In the US, the NASDAQ rose by 3.4%, the S&P500 increased by 2.3% and the DJI took off by 2.1%. In Europe, German DAX and French CAC40 went up by 3.7%, while British FTSE250 grew by 1.8%. The latest economic data helped major stock indices to grow. In the Eurozone, the manufacturing PMI and the services PMI stood at 51.5 pts. and 53.1 pts.. Moreover, data from the largest European economy did not fail as well.