Global stocks traded struggling. Producer prices (PPI) in the US went up 0.4% mom in September, the first increase in three months, and twice the market expectation of a 0.2% rise. The Bank of England reiterated plans to end its programme of temporary gilt purchases on Friday.
Domestic stocks rebounded strongly, the threshold of 1000 points was maintained. The pessimism seems to have reached the extreme level and is easy to stimulate short-term bottom-fishing demand.
- Domestic and international news
- Scenario for the market in the coming time
- Technical view and recommendations
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