On Tuesday European trading grounds have mostly opened with the growth of major indexes. The day before, on Monday, quotations have rapidly dropped due to difficult economic situation in Spain . Today’s growth has been caused by information about rising manufacturing activity in China.
During the first trading hours “blue chip” main index FTSEurofirst 300 has gained 0.30 percent and reached 1027.34 points. British main index FTSE 100 keeps falling – minus 0.28 percent, amounting to 5549.30 points. German DAX has dropped by 0.07 percent to 6414.93 points, and French CAC-40 has risen by 0.36 percent, having amounted to 3112.82 points.
Let us remind that on Monday Moody’s Investors Service Agency made negative predictions for Germany, the Netherlands, and Luxembourg. Consequences of debt crisis always influence most successful countries.
According to the experts of , stock market collapse is so strong that it is hard to examine certain trading tools in detail. Corrections are almost unseen, which makes it difficult to count the number of waves correctly. Nevertheless, local lows may be expected to update after small consolidation within 4-th wave.
