Greg Michalowski
European shares move higher as investors shift
- European shares are higher while funds flow out of US
US, Ukraine & several European countries are working on security guarantees for Ukraine
- The security guarantees are a key piece of the puzzle for peace
EURUSD and GBPUSD fall to 200 hour MA and find buyers on the first look.
- Can the buyers hold against the technical level?
Downside in the NASDAQ index continues. Index is now down close to 1%
- NASDAQ index approaches its 100 hour moving average at 21325.50
Atlanta Fed GDPNow growth estimate for Q3 falls to 2.3% from 2.5% last
- The Atlanta Fed tracking model for Q3 GDP growth in the US
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