Stock Market Bounce or attempt to restart the bull market?

by John Knobel

European stocks set for the first weekly positive close in four weeks

Are global stock markets set to continue the multi-year bull market or is the current upward move just a short term Bounce??  

  • Positive US - China trade talks could help support higher stock markets;
  • The US Federal Reserve would need to send markets a clear signal that the US economy is not falling into a recession;
  • Downside risk is continued weaker economic data across the US and EU and that the recent bounce higher for stock markets was just a retracement higher as a reaction move after the July - August  sharp price drop across European, Asian and US stock markets;

Source: FXGM / Bloomberg