European stocks traded slightly lower on Friday afternoon

European stocks traded slightly lower on Friday afternoon

2020-08-21 • Updated

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Ichimoku Kinko Hyo

NZD/JPY: The NZD/JPY pair is trading within the cloud. A failed attempt to move higher will push the market to exit the Kumo, confirming a bearish scenario.

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US Market View

Stocks futures ticked lower this Friday morning, following a tech-led trading in the previous session. Nasdaq closed out the regular session at yet another record high.

European stocks traded slightly lower on Friday afternoon as investors focused on disappointing economic data and the geopolitical tensions.

In the United States the new cases amounted at 44.000 on Thursday making more than 10% drop in the seven-day average of daily new cases compared with the previous week.

US Key Point

  • Stocks futures ticked lower this Friday morning.
  • European stocks traded slightly lower on Friday afternoon.
  • In the U.S. 44.000 new cases amounted on Thursday

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