What will move the market on October 18-22?
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
European equities ascend, Dax reaches new all-time maximum
On Monday, European equities started moderately higher after four consecutive weeks of revenues, with Germany's Dax hitting a fresh maximum because concerns regarding the situation in Catalonia relieved after Sunday's protest against independence.
The pan-European STOXX 600 rallied 0.2% during early trade, the Dax gained 0.3%, thus demonstrating a fresh record of 12,997 points.
Meanwhile, Spain's IBEX managed to rebound 1%, with Caixabank acquiring 2% after its board decided to move its registered office to Valencia.
A modest rebound for the British pound that has been suffering from Theresa May's inability to maintain authority over her cabinet, applied pressure on the FTSE – the UK key benchmark slid 0.1%.
Credit Agricole slumped 0.8% after its CEO stressed it was considering joining the flock of potential suitors for Commerzbank.
Additionally, in France, Airbus appeared to be the top loser, going down 1.5%.
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