Chris Beauchamp | Source | Chief Market Analyst at IG.com
Chris Beauchamp
Experienced Chief Market Analyst with a demonstrated history of working in the financial services industry. Strong sales professional skilled in Securities, Business Strategy, Commodity Markets, Options, and Equities.
-
IG.com
Chief Market Analyst -
IVC Evidensia
-
Europe close: Stocks end week on an up note, despite poor data
European shares finished the week on a slightly positive note Friday even after the results of two key surveys pointed to a contraction in the euro area's economy in July - albeit alongside a marked cooling in price pressures.
Article
-
Investors will be pleased to see that the rally in stocks remains intact, having lasted longer than some of the other rebounds we have seen so far this year.
But they will be wary of pushing their luck too hard into next week, given the avalanche of earnings heading their way, plus a Fed decision and the first reading on US second quarter GDP that might easily provide fresh recession worries.
