Saad Ullah
The pressure on the economy keeps building from external factors. First, there was uncertainty about Chinese debt, now uncertainty is growing based on the weak economic data.
Holger Zschaepitz, a market analyst, posted a tweet showing the condition of global indexes across the spectrum. It is felt that investor sentiment remains subdued.
It is worth to note that the shares were trading with a big drop on the premarket yesterday. The same trend continued during the main trading session on Thursday.
European indices are trading in the green zone before a significant meeting of the European Central Bank. At the same time, the EUR / USD currency pair is trading flat, waiting for the ECB head's statements.
Saad Ullah
