European markets were able to post gains last night due to the fact German GDP rose 0.3% compared to the first quarter. US markets were in a similar mood also as retail sales figures come in ahead of expectations + 0.8 % as opposed to a consensus view of + 0.3. The rally was soon erased as technology and financials weighed on the market. Again light volume was evident though up on yesterday which was the lowest for some time.
