European stocks still buoyed by QE expectations via ForexLive

  • FTSE +0.1%
  • Cac -0.1%
  • Dax +0.3%
  • Ibex flat
  • FTSE Mib +0.5%

European bonds

  • Italy 2.46% +4bp
  • Spain 2.27% +2bp
  • Portugal 3.24% +5bp
  • Germany 0.930% +5bp

Some interesting levels to look at in the Cac at 4400 and Dax at 9600 which seem to be capping the run for now.

Cac daily 02 09 2014

Cac daily 02 09 2014

The 9600 level in the German index has been a pretty strong S&R level repeatedly.

Dax daily 02 09 2014

Dax daily 02 09 2014

Any QE disappointment from Mr Draghi on Thursday could give an opportunity to load up into stocks at lower levels, if you feel QE is as good as done sometime in the future.

posted via ForexLive

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