european market

Last week’s trading was reasonable for the end of the month with a little added volatility last Friday thanks to Ben Bernanke’s Jackson Hole speech.

European stock markets pulled back last week as the EURO STOXX benchmark index lost 1.5 percent but the euro currency gained 1.5 percent to 1.2516.

European stock markets rallied for another week last week, with Spain again being the outperformer among eurozone nations.

European GDP actually surprised on the upside but that number was largely irrelevant in another frantic trading week in Europe.