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[gnutrade.satya]

European stocks rose, with the Dow Jones Stoxx 600 Index rebounding from its first back-to-back weekly declines since March, as health-care and telephone shares gained. The MSCI Asia Pacific Index retreated.

Novo Nordisk A/S, the world’s largest insulin maker, climbed 3.3 percent, recovering from its steepest weekly slump since April. Deutsche Telekom AG added 1.2 percent on speculation Vodafone Group Plc is considering a bid for its U.K. wireless unit.

The Stoxx 600 climbed 0.6 percent at 8:55 a.m. in London. The gauge on June 26 capped its first consecutive weekly declines since the start of a rebound in March on concern the economic recovery will falter. The index has slid 4.2 percent since June 11 after a three-month, 36 percent rally drove valuations to 25.4 times earnings, the highest level since 2004.

[skyblue]

It's hard to say if economic recovery is around the corner? Looks like the market is trying but will see what happens this week..

[skyblue]

The EUR/USD is holding at support.. Now at 1.4079

[miskec]

It should break soon enough, Europe is slowly bypassing recession, while USA is in deep s**t.

[skyblue]

On one of todays articles,
The Euro visited the high ground above 1.41 this morning, but briefly, and quickly headed south and is now trading at 1.4023. There have been some minor reports that conclusively prove the rate and intensity of the economic recovery is inconclusive. Manipulating market action today, on the last day of a very busy quarter for investments, is bound to occur.

[skyblue]

Aren't we all ... S...t happens..LOL..

Originally Posted by miskec

It should break soon enough, Europe is slowly bypassing recession, while USA is in deep s**t.