04-04-2016
Weekly comment MM Prime TFI - April 4, 2016
In the last week of March there was a bearish market sentiment in Europe. French CAC40 fell by 1% and German DAX went down by 0.9%. Unlike to them, British FTSE250 rose by 0.5%. Investors learnt the confidence indices for the Eurozone. However, their values were lower than the market’s expectations. In addition, there were publications of the industrial PMI’s in the UE countries. The value of the index for the Eurozone stood at 51.6 pts. vs 51.4 pts. expected. In the US, the stock markets moved towards north – the NASDAQ took off by 3.1%, the S&P5600 increased by 1.8% and the DJI grew by 1.5%.