Equities managed to get a breather as Chinese markets were closed until Monday for a near week-long holiday. The Dow Jones Index recovered 294 points from the open to close the day with moderate gains of near 1.83%. However, the main question is whether the US equity markets will be able to sustain this bullish momentum. Tomorrow's NFP data is likely to keep the equity markets pressured with or without China. It was the same story with the German DAX, which gained close to 2.00% for the day.
ECB Monetary Policy in Focus
Daily Analysis - 03/09/2015