The EURUSD has slipped to a new session low, extending what remains a relatively tight trading range. So far, the range for the day measures just 47 pips, still well short of the 88-pip average.From a technical perspective, the pair is moving further away from the swing area between 1.1692 and 1.17028, leaving buyers with less near-term support to lean against and giving sellers some additional confidence. The focus now shifts to a cluster of downside targets, including:200-hour moving average at 1.1667461.8% retracement of the move since the July 1 high at 1.16615100-hour moving average at 1.16522That confluence of levels represents a critical support zone. A break below would undo much of Friday’s upside momentum, disappointing buyers who stepped in above those same technical markers on the run to the upside. This article was written by Greg Michalowski at investinglive.com.

The USDCAD is consolidating near last week’s lows, with price action remaining confined within a narrow 27-pip range so far today. On Friday, the pair fell sharply after Chair Powell’s speech at Jackson Hole, driving the price down toward the swing-area low between 1.38127 and 1.38315. In early Asian trading today, the corrective high reached 1.3843 before sellers pushed the pair back to a session low near 1.38161—just above the bottom of that same swing area.The muted activity is partly explained by the London holiday, which has suppressed volumes. Still, traders are keeping a close watch on the rising 100-bar moving average on the 4-hour chart at 1.38016. That average has acted as reliable support over the last 3–4 weeks, and its steady climb makes it an increasingly accessible downside test.A break below 1.38016 would shift the bias in the short term, opening the door toward the 100-day moving average at 1.37676 and the 200-bar MA on the 4-hour chart at 1.37539. Until then, buyers will try to lean against the support and keep the consolidation intact, while sellers look for momentum through that key technical floor. This article was written by Greg Michalowski at investinglive.com.

The Trump administration will say section 232 tariff at 15%. The tariff action is part of "national security investigation into lumber". I guess the price to build houses might go higher as the US faces a supply/cost issue in housing. This article was written by Greg Michalowski at investinglive.com.

Prior month 0.656MNew-home sales 0.652 million versus 0.630 million estimate.New-home sales -0.6% month on month versus a gain of 4.1% last month.The prior month was revised higher to 0.656 million from 0.627 million previously reported.New-home sales down -8.2% year on yearMortgage rates at the time were above 6.75%. So it was not represented in these numbersmedian price $403,800. Month to month -0.8%. Year on year -5.9% ($429,000)average sale price $487,300. This is -3.6% below the June 2025 price of $505,305% below the July 24 price of $513,200Supply of homes is 9.2 months down from 9.8 monthsBuilders are having to discount the sale price to attract buyers. However, of note is that the numbers this month came before the dip in rates which took the mortgage rate back down toward 6.5% and the low for the year. This article was written by Greg Michalowski at investinglive.com.

Why Is Palantir Down Today? A Q&A Guide for New InvestorsPalantir Technologies (ticker: PLTR) has been one of the hottest stocks in the AI and data software space. Yet today, many investors are asking the same question: why is Palantir down today? Why is Palantir stock going down today? Why is PLTR stock going down today?Let’s break it down step by step in a Q&A format, tailored for new investors and traders learning how to navigate volatile names like Palantir.Q: Why is Palantir down today?A: Palantir stock is down today because of a combination of sector-wide weakness in AI and tech stocks, profit-taking after a strong rally earlier this year, and ongoing concerns that the stock is very expensive compared to its earnings and sales. In other words, Palantir is going down today not because of fresh bad news from the company, but because investors are cautious about valuations and risk.Q: Why is Palantir stock going down today if there is no company-specific news?A: The key driver is valuation. Palantir trades at sky-high multiples. For example:P/E ratio: 527.55 – meaning investors are paying over 500 dollars for every 1 dollar of earnings.Forward P/E: 189.26 – even based on future earnings, the stock is nearly 200 times expected profits.Price-to-Sales: 109.45 – investors pay more than $109 for every $1 of sales.When valuations are this stretched, even a small market shift or sector pullback can push the stock down quickly. That’s why PLTR stock is going down today.Q: Could NVIDIA’s earnings affect Palantir?A: Yes. NVIDIA reports earnings on Wednesday night, and it is one of the most influential companies in the entire AI sector. If NVIDIA surprises positively, AI names like Palantir could benefit from renewed momentum. But if NVIDIA disappoints or guides cautiously, it could drag down sentiment for the whole group. Because of this, many traders view NVIDIA’s report as a “risky event” that could affect PLTR.For investors who already had a profitable long position in Palantir, it may be legitimate to consider taking some partial profits ahead of NVIDIA’s results. This is not financial advice, but simply an opinion that traders may choose to apply at their discretion.Q: Why is PLTR stock going down today if AI is supposed to be the future?A: This is a great question. Even though AI is a strong long-term theme, stock prices do not move only on future promise. They also move based on present valuations, earnings, and market positioning. Palantir has already rallied strongly this year, so part of the decline today is simply traders locking in gains.Q: What can new traders and investors learn from this?Valuations matter – A company may be innovative, but if the stock trades at extreme levels, it can still drop.Sector sentiment drives moves – Palantir often trades in sympathy with the broader AI sector, especially big names like NVIDIA.Risk management is key – High-valuation stocks like PLTR can swing sharply. Always size your positions with volatility in mind.Partial profits are healthy – Taking some money off the table after a big run protects you against unpredictable events.Bottom Line for investingLive.com (formerly ForexLive.com) ReadersThe answer to why is Palantir down today is straightforward: it’s not about a new negative headline, but about valuations, sector sentiment, and profit-taking ahead of NVIDIA earnings.Visit investingLive.com for addtional views. This article was written by Itai Levitan at investinglive.com.

The major US stock indices are trading lower to start the new day and the new trading week. The declines are modest but across the board.Looking at the major indices:Dow industrial average -100 points or -0.22% at 45528S&P index -15.80 points or -0.24% at 6451.31NASDAQ index -68 points or -0.32% at 21426.Russell 2000-10.39 points or -0.44% at 2351.43The NASDAQ index dipped to a low of 21,400.08 in early trading, putting it right on top of its 100-hour moving average at 21,390.02. That level now serves as the immediate barometer for buyers and sellers. A break below would likely invite fresh downside momentum on the disappointment back above that short-term moving average.Looking back, the index slid under both the 100-hour and 200-hour moving averages (blue and green lines on the chart below) last week, with the latter (green line) currently at 21,187. However, Friday’s rally following Chair Powell’s Jackson Hole speech saw the price recover sharply, lifting back above both key moving averages.For now, holding above the 100-hour MA at 21,390 keeps the short-term bias tilted to the upside. Conversely, a sustained move back below would hand some control back to the sellers and risk a retest of deeper support levels 200 hour moving average at 21187.33. This article was written by Greg Michalowski at investinglive.com.

The USDCHF fell sharply on Friday following Powell’s Jackson Hole speech, breaking below the 100- and 200-hour MAs and sliding through the 0.8040–0.8047 swing area. The decline extended under the 0.8017 low of the red box swing area, but sellers couldn’t sustain momentum.In today’s trading, price has rebounded back inside the red box, though gains are limited. The recovery continues to stall beneath the 0.8040–0.8047 resistance zone, which also lines up with prior swing levels and the 50% midpoint of the July rally. Staying below keeps the bias tilted to the downside.On the downside, the 0.8017 low of the red box is the first support to watch. A break below the 61.8% retracement of the July rally at 0.8010 would re-open the door for sellers, with the next targets seen near 0.7986–0.7994.Bottom line: As long as price holds inside the "red box" there is a battle with the buyers and sellers. However, it will would take a move back above 0.8040 to 0.8047, to really start to disappoint sellers. Break 0.8017 and 0.80099 and more doors open for the sellers. This article was written by Greg Michalowski at investinglive.com.

The question is "Is it a shake down?" or a great deal?. Cramer was on CNBC saying Intel had little choice—without the deal, they wouldn’t have gotten CHIPS Act money. The bigger question is whether the funding will really matter. Can Intel pull out of its downward spiral even with billions in support? At the end of the day, it’s about selling products and competing in markets where they’ve clearly fallen behind.Sure, Intel still sells chips—my own computer has one—but the battleground now is against Nvidia and others where Intel’s edge has eroded. So far, they’ve received $2.2 billion from what’s ultimately an $8.5 billion grant. And if 10% of Intel is valued at $11 billion, that’s a great deal today if you could sell the stake.If Intel manages a turnaround, it could end up being a massive win. If not, expect plenty of finger-pointing—Biden will wear the blame. This article was written by Greg Michalowski at investinglive.com.

Rate cuts by year-endFed: 54 bps (85% probability of rate cut at the upcoming meeting) ECB: 9 bps (97% probability of no change at the upcoming meeting) BoE: 12 bps (97% probability of no change at the upcoming meeting) BoC: 23 bps (67% probability of no change at the upcoming meeting) RBA: 37 bps (63% probability of no change at the upcoming meeting)RBNZ: 35 bps (64% probability of rate cut at the upcoming meeting) SNB: 7 bps (91% probability of no change at the upcoming meeting) Rate hikes by year-endBoJ: 18 bps (88% probability of no change at the upcoming meeting)Traders reacted strongly to Fed Chair Powell's speech text once they saw the line “nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.” That was interpreted as a dovish tilt and the pricing at some point showed more than 60 bps of easing by year-end and more than 90% of probability of a September cut.Eventually, things eased up and we got back to the levels seen just before Powell's speech text release. The focus now turns to the NFP report due next week as that's going to be key for interest rates expectations. Strong data might take the probability for a September cut towards a 50/50 chance but will certainly see a more hawkish repricing further down the curve. Soft data, on the other hand, will likely see traders increasing the dovish bets with a third cut by year-end being priced in. This article was written by Giuseppe Dellamotta at investinglive.com.

Trading losses are tough—and the less experience you have as a trader, the harder it is to handle them. However, those willing to persevere and learn from their mistakes can turn any temporary setback into their favour—and use it as a stepping stone to success. Octa, a globally regulated and trusted broker since 2011, explains how to approach first trading losses not as a failure but as a point of growth.Positive mindsetFor an emerging trader, going through first losses can be a frustrating experience. Many get overwhelmed with a bitter feeling of wasted effort and thwarted dreams. However, there are ways to see the situation differently—and even turn these first losses into the start of a successful trading career. First of all, one single failed trade is not a tragedy: it's just feedback, a normal part of the trading process. Every market move is influenced by countless variables, and no trader can control them all. Therefore, a loss should be viewed as a necessary cost that provides valuable information for the future.Even the best of traders have experienced losses in their trading careers: what sets them apart is their ability to recuperate mentally and learn from their mistakes.Practical stepsPerceiving your first losses as information, not a personal failure, is a step in the right direction, but it is not enough. After receiving this feedback, one crucial thing to do is to avoid letting your emotions run away with you. Don't try to retrieve your losses straight away. At this moment, your mind is most likely clouded with negative thoughts, and your analytical perception is distorted. It is much more practical to take a break, clear your head, and come back some days later with a stronger mindset, new ideas, and a fresh perspective.Engaging with a reliable and efficient broker can also be a great help in overcoming individual losses and achieving positive outcomes in the long run. For example, Octa Broker aims to empower traders by providing all the necessary ingredients for trading success, including a reliable and regulated trading environment, fast withdrawals, and a modern proprietary trading platform that helps emerging traders gain experience faster and with less stress. Give it some time Another vital point to keep in mind is to analyse the situation instead of switching to a new strategy after a single failed trade. Every seasoned trader knows that while individual trades can fail, a robust strategy shows its worth only when given the time. What's more, you must not try to control everything all the time. No matter how much research or preparation you put in, markets are not entirely predictable, and at certain moments, even well-planned positions can turn against you. What separates those who succeed from those who quit too early is not the absence of losses: it's the ability to handle them with the right mindset. Once a loss occurs, it is crucial to analyse it objectively, with a clear head. Did the position size match the level of risk tolerance? Was the stop loss placed too close or too far from the entry point? Was the trade taken according to a predefined strategy, or was it a result of impulse and overconfidence? By obtaining this information and saving it in your trading journal, you turn the loss into a stepping stone to success. Keeping a journal sharpens technical skills and fosters self-awareness, helping you separate emotional reactions from strategic decisions.ConclusionIn trading, the learning curve is not as steep as it may seem to a beginner. Switching from a demo account to a real one can be stressful, but you must approach losses with an analytical mindset and psychological resilience. Following the practical steps is also crucial: analysing trades, controlling position size, and keeping a journal will help you structure your feedback and improve your strategy. Losses may sting at first, but if approached with discipline and the right mindset, they can become the most valuable lessons in your trading journey.Disclaimer This article does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences.About OctaOcta is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 61 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities.Since its foundation, Octa has won more than 100 awards, including the 'Most Reliable Broker Global 2024' award from Global Forex Awards and the 'Best Mobile Trading Platform 2024' award from Global Brand Magazine. This article was written by investingLive at investinglive.com.

The firm notes that with his speech, Powell has reaffirmed that the Fed stance is softening as he acknowledged downside risks to employment and that it could materialise in the form of layoffs. As such, they see that a similarly weak September jobs report to give the green light for the Fed to start cutting rates in the month ahead.In turn, that could signal the next leg lower for the dollar. That as policy divergence starts to manifest in a bigger way since other central banks are less dovish at the moment. MUFG notes that the ECB and BOE are less likely to cut further this year amid stabilising growth and stubborn price pressures. As for the BOJ, the firm says that speculation is building that it could continue back with rate hikes by year-end.On USD/JPY in particular, MUFG also argues a case on positioning play. That as the latest IMM data shows that leveraged funds have been piling back on JPY shorts in recent weeks. As such, positioning could be stretched and allows for an opportunity to short the pair amid the policy divergence above. This article was written by Justin Low at investinglive.com.

There is just one to take note of on the day, as highlighted in bold below.That being for EUR/USD at the 1.1700 mark. As markets are settling down after the big moves on Friday, the expiries above are likely to help anchor price action around the figure level before we get to US trading. For now, traders are not getting too carried away with Fed expectations and further repricing but it might be a different story when Wall Street steps into the fray.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know! This article was written by Justin Low at investinglive.com.

Prior 88.6Current conditions 86.4 vs 86.7 expectedPrior 86.5Expectations 91.6 vs 90.3 expectedPrior 90.7; revised to 90.8German business sentiment held up this month, helped by a boost in the expectations/outlook index. The manufacturing sector is showing some resilience in Q3 and that's feeding through to the overall economy. And despite the initial disappointment to the US-EU trade deal, market sentiment is stabilising. This article was written by Justin Low at investinglive.com.

Fundamental OverviewThe USD sold off across the board on Friday as Fed Chair Powell tilted more dovish by saying that “with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”That saw traders firming up expectations for a rate cut in September which now stands around 85% probability with a total of 54 bps of easing by year-end. Overall, it’s not the repricing in interest rates expectations that weighed on the greenback but hedges being unwound.Now, the focus turns to the US NFP report next week which is going to be crucial and will influence greatly interest rates expectations. Strong data might take the probability for a September cut towards a 50/50 chance but will certainly see a more hawkish repricing further down the curve. Soft data, on the other hand, will likely see traders increasing the dovish bets with a third cut by year-end being priced in.On the EUR side, we haven’t got anything new in terms of fundamentals after the US-EU trade deal that set tariffs at 15%. Many ECB members are now taking a much more neutral approach to rate cuts. They will need significant negative data to force them to cut further. The market is pricing just 9 bps of easing by year-end and 15 bps by the end of 2026, which indicates that the easing cycle has already ended. EURUSD Technical Analysis – Daily TimeframeOn the daily chart, we can see that EURUSD rallied all the way up to the major trendline around the 1.1750 level. This is where we can expect the sellers to step in with a defined risk above the trendline to position for a drop back into the 1.16 support. The buyers, on the other hand, will want to see the price breaking higher to increase the bullish bets into a new cycle high. EURUSD Technical Analysis – 4 hour TimeframeOn the 4 hour chart, we can see more clearly the strong move from the 1.16 support as Powell’s dovish tilt triggered an unwinding in hedges and the momentum increased as buyers piled in. There’s not much else we can add here as the sellers will look for a drop from these levels, while the buyers will look for an upside breakout to target new highs.EURUSD Technical Analysis – 1 hour TimeframeOn the 1 hour chart, we can see that we have a minor counter-trendline defining the pullback. On an intraday basis, the buyers will likely lean on the trendline to keep pushing into new highs, while the sellers will look for a break lower to increase the bearish bets into the 1.16 support. The red lines define the average daily range for today.Upcoming CatalystsTomorrow we have the US Consumer Confidence report. On Thursday, we get the latest US Jobless Claims figures. On Friday, we conclude the week with the preliminary inflation data for the major Eurozone economies and the US PCE price index. This article was written by Giuseppe Dellamotta at investinglive.com.

Eurostoxx -0.4%Germany DAX -0.5%France CAC -0.4%Spain IBEX -0.4%Italy FTSE MIB -0.2%It's a note of caution with month-end soon approaching. The DAX closed last week near flat levels but is still holding slight gains on the month even with the drop we're seeing. As for Spain and Italy's benchmark indices, they're just coming off the highest levels in almost two decades. As a reminder, UK markets are closed today so that's also keeping things quieter with London out. US futures are also taking a bit of a breather with S&P 500 futures marginally lower by 0.1% currently. This article was written by Justin Low at investinglive.com.

Monday begins quietly the Summer Bank Holiday in the U.K. In the U.S., new home sales data will be released. On Tuesday, Australia will publish the RBA monetary policy meeting minutes, while Japan releases the BoJ core CPI y/y. In the U.S., attention will be on durable goods orders m/m, CB consumer confidence, and the Richmond manufacturing index. Wednesday’s focus will be on Australian inflation data and on Thursday, key U.S. releases will include the preliminary GDP q/q, unemployment claims, and pending home sales m/m. Friday brings a busy schedule, with Japan releasing the Tokyo core CPI y/y, Canada reporting GDP m/m, and the U.S. publishing the core PCE price index m/m, personal income m/m, personal spending m/m, as well as the revised University of Michigan consumer sentiment and inflation expectations. Throughout the week, several FOMC members are expected to deliver remarks, and markets will be watching closely for any signals regarding the possibility of a September rate cut. In the U.S., the consensus for new home sales is 635K vs prior 627K. The expected increase is likely supported by a pickup in single-family starts. While builders offer a variety of incentives to potential buyers, high mortgage rates continue to keep affordability constrained, leaving sales roughly 7% below last year’s pace. In the U.S., the consensus for core durable goods orders m/m is 0.3% vs prior 0.2%, while durable goods orders m/m are expected at -3.8% vs prior -9.4%. According to analysts at Wells Fargo, the decline is largely due to a pullback in Boeing bookings and weaker demand for non-defense aircraft. Excluding transportation, orders are expected to edge 0.2% higher, though year-to-date gains are being eroded once inflation is taken into account. With borrowing costs still elevated, trade policy uncertain, and equipment prices rising, businesses have little appetite for large-scale investments. Analysts anticipate business equipment spending will weaken further in the second half of the year. Australia’s July monthly CPI is expected to rebound to 2.3% y/y, up from June’s softer 1.9% reading. June’s downside surprise was driven by a drop in electricity prices, as retailers offered discounts and reduced charges, which offset the impact of the government scaling back rebates. For July, Westpac analysts expect a 0.5% m/m increase, with risks tilted to the upside as the reversal of rebates and higher electricity bills begin to flow through. In Japan, the consensus is for Tokyo core CPI y/y to fall from 2.9% to 2.6%. Analysts note that softer energy prices are the main driver of the decline, while fresh food prices remain elevated. The “super-core” measure (excluding fresh food and energy) is expected to stay above 3%, highlighting sticky underlying inflation. Traders will pay close attention to services inflation for any upside surprise, as this could fuel expectations of a gradual policy shift. That said, the BoJ is not expected to deliver a rate hike this year. In the U.S., the consensus for the core PCE price index m/m is 0.3% vs prior 0.3%. Personal income m/m is expected at 0.4% vs prior 0.3%, while personal spending m/m is forecast at 0.5% vs prior 0.3%. According to Wells Fargo analysts, U.S. consumers remain selective with spending as discretionary services slipped in June and restaurant sales softened in July. However, demand for goods is showing signs of stabilizing. A 0.5% increase in the “control group” of retail sales points to firmer consumption, with overall personal spending expected to rise 0.5% in July, the strongest gain since March. Incomes are also forecast to rise 0.5%, supported by firmer wage growth and a rebound in hours worked. However, inflation pressures are set to intensify: core PCE is expected to increase 0.3% m/m, pushing the y/y rate to 2.9%, the highest since February. With tariffs driving costs higher and inflation likely to climb above 3% by year-end, the Fed faces a growing challenge in balancing slowing growth with sticky inflation. This article was written by Gina Constantin at investinglive.com.

Fundamental OverviewThe USD sold off across the board on Friday as Fed Chair Powell tilted more dovish by saying that “with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”That saw traders firming up expectations for a rate cut in September which now stands around 85% probability with a total of 54 bps of easing by year-end. Overall, it’s not the repricing in interest rates expectations that weighed on the greenback but hedges being unwound.Now, the focus turns to the US NFP report next week which is going to be crucial and will influence greatly interest rates expectations. Strong data might take the probability for a September cut towards a 50/50 chance but will certainly see a more hawkish repricing further down the curve. Soft data, on the other hand, will likely see traders increasing the dovish bets with a third cut by year-end being priced in.On the JPY side, the currency has been rallying on the back of the dovish expectations for the Fed. For more JPY appreciation we will need weak US data to increase the dovish bets on the Fed or a series of higher inflation figures for Japan to price in more rate hikes than currently expected. Another potential positive driver could be signs of more fiscal support as that will likely put upward pressure on inflation.USDJPY Technical Analysis – Daily TimeframeOn the daily chart, we can see that USDJPY got rejected from the 148.50 resistance once again as the sellers piled in more aggressively on the dovish tilt from Fed Chair Powell. The target for the sellers should be the major upward trendline around the 145.50 level. If the price gets there, we can expect the buyers to step in with a defined risk below the trendline to position for a rally back into the resistance.USDJPY Technical Analysis – 4 hour TimeframeOn the 4 hour chart, we can see that we’ve been stuck in a range for almost the entire month as traders have been waiting for Fed Chair Powell and the key data releases in September. There’s not much we can glean from this timeframe, so we need to zoom in to see some more details.USDJPY Technical Analysis – 1 hour TimeframeOn the 1 hour chart, we can see that we have a minor upward trendline defining the current pullback. The buyers will likely continue to lean on it to keep pushing into the resistance, while the sellers will look for a break lower to increase the bearish bets into new lows. The red lines define the average daily range for today.Upcoming CatalystsTomorrow we have the US Consumer Confidence. On Thursday, we get the latest US Jobless Claims figures. On Friday, we conclude the week with the Tokyo CPI and the US PCE price index. This article was written by Giuseppe Dellamotta at investinglive.com.

And to put things into perspective, Jefferies had only previously raised their year-end target for the S&P 500 to 5,600 before this back at the end of July. So, that's two big bumps to their forecast in just a month or so. Amid Fed chair Powell's dovish tilt at the end of last week, it seems like the Fed put is back in business. This article was written by Justin Low at investinglive.com.

It's going to be a synthetic Sunday today given the UK bank holiday and the lack of market moving releases. The only highlight is the German IFO, which is correlated with the German PMIs, so it's unlikely to be market-moving. It definitely won't change anything in terms of interest rates expectations. The dovish tilt from Fed Chair Powell could still reverberate today and the markets might extend the moves started on Friday. This week is also pretty empty in terms of economic data with just the US Jobless Claims on Thursday being the main highlight. So, there's not much in the way in case traders keep betting on Friday's catalyst. Next week is going to be key as we get the US NFP report. The Fed is now clearly focused on the labour market, so strength or weakness will influence interest rates expectations greatly. This article was written by Giuseppe Dellamotta at investinglive.com.

German DAX futures -0.2%UK FTSE futures flatThis comes with US futures also seen more flat after the surging gains by Wall Street at the end of last week. Fed chair Powell's dovish tilt led the upswing and for European stocks, the mood remains positive after last week's gains overall. The UK FTSE continues to hover at fresh record highs while Spain and Italy's benchmark indices are holding at their highest in nearly two decades. This article was written by Justin Low at investinglive.com.