All Articles Tagged - GER30

Stock Market News (US Open) – European bourses hold onto gains; Wall Street up for second day

Posted on August 22, 2017 at 2:33 pm GMT

European equities held on to their gains in afternoon trading following a strong open today, ending three days of losses for the Stoxx Europe 600 index. London’s FTSE 100 led the way as mining heavyweights were some of the day’s best performers. Stocks of mining companies such as BHP Billiton plc, Antofagasta plc and Rio Tinto plc were boosted after base metals extended their rally today. Copper, iron ore, zinc, aluminium and nickel prices were all up today, benefiting from [..]

Stock Market News (European Open) – Mining results bolster world equities as geopolitical tensions fall out of spotlight

Posted on August 22, 2017 at 8:34 am GMT

The majority of equity bourses in Asia and Europe were trading in positive territory today. The HANG SENG, Australia’s ASX/S&P 200 and Shanghai Composite all ended the day higher. The only exception was the Nikkei 225 that fell 0.05%. In Europe, the STOXX 600 index rose 0.52% in early hours of trading. The pan-European STOXX 600 rose around half-a-percent in early hours of trading despite a 60% plunge in the share price of Provident Financial. The blue-chip STOXX 50 rose [..]

Stock Market News (US Open) – Stock sell-off continues on persisting risk-off sentiment

Posted on August 18, 2017 at 2:06 pm GMT

Risk-off sentiment remained evident in European stock markets during today’s trading with the continent’s major stock indices extending yesterday’s losses. Shocking news of a terrorist attack in Barcelona yesterday afternoon (local time) further dampened risk appetite after dovish-perceived remarks in both the ECB minutes released on Thursday and Fed minutes released the day before. Politics in Washington – specifically fresh doubts on US President Donald Trump’s ability to deliver – are also weighing on sentiment. In terms of the US, [..]

Stock Market News (US Open) – Central banks drive equity sentiment as markets plunge into red territory

Posted on August 17, 2017 at 1:52 pm GMT

As a result of the dovish-perceived minutes from the latest meeting of both the Federal Reserve and the European Central Bank, European equities were looking to close the day lower, following suit of their Asian peers, while US stocks fell after the market opened. The Dow Jones slid 0.24%, the S&P 500 fell 0.32%, while the Nasdaq Composite dropped 0.37%. The pan-European STOXX 600 fell by 0.18% ahead of US trading while the blue chip STOXX 50 was 0.20% lower. [..]

Stock Market News (US Open) – US and European bourses in the green; miners boost the FTSE

Posted on August 16, 2017 at 2:10 pm GMT

Major European indices were posting hefty gains in today’s trading facilitated by increased optimism over the continent’s recovery – annualized figures released today showed the eurozone expanding by a better-than-estimated 2.2% during the first quarter of the year, while before that, data showed Eastern European countries including Poland, Romania and the Czech Republic recording stronger than expected growth. The FTSE 100, DAX and CAC 40 were all up, standing 0.8%, 0.9% and 1.1% higher on the day during afternoon European [..]

Stock Market New (US Open) – European and US shares extend losses as North Korea weighs

Posted on August 9, 2017 at 2:30 pm GMT

Major European bourses fell deeper into the red during the course of the day and ahead of the US open. Market sentiment remained risk-off followed the heightened geopolitical tensions in the Korean peninsula, while the incident earlier today involving a car deliberately running over a group of soldiers in a Paris suburb also weighed on equities. US stocks looked set to extend yesterday’s losses, with the Dow Jones opening 0.2% lower, the S&P 500 by 0.5% and the NASDAQ Composite [..]

Stock Market News (US Open) – European stocks plunge across board, US equities open lower, give up on strong gains

Posted on August 8, 2017 at 1:55 pm GMT

Major European markets were lower today, with Germany’s DAX index faring the worst by falling 0.35%. The pan-European STOXX 600 index fell 0.25% and retraced earlier modest gains. In the US, the S&P 500, the Dow and the NASDAQ Composite fell around 0.15% when the market opened. Tempered demand from China, as seen in disappointing trade data earlier today weighed on the basic materials sector in the STOXX 600, which was the worst performing one, down 0.66%. The German DAX fared the worst among [..]

Stock Market News – European shares retrace morning gains, strength in US equity market unfolds

Posted on August 7, 2017 at 1:46 pm GMT

As the European session progressed many of the equity bourses on the old continent gave up on their early gains. The pan-European benchmark STOXX 600 index fell a quarter-of-a-percent, while the Germany’s DAX was the worst performing country index, down 0.47%. By contrast, the stock market in the US opened higher with the NASDAQ gaining the most, up 0.15%. Mining and energy stocks drove some early gains for the European bourses, led by the FTSE 100 index, on a rally [..]

Stock Market News – FTSE 100 gains following pound plunge, US markets open broadly flat as Tesla powers ahead

Posted on August 3, 2017 at 2:09 pm GMT

Both the pan-European STOXX 600 and the blue chip STOXX 50 index rose 0.20% ahead of the US open with the healthcare and consumer non-cyclical sectors leading the gainers. However, a plunge in the energy sector eased the gains elsewhere. In the US, the three major indices opened broadly flat. The FTSE 100 index outperformed other major indices in Europe as it rose 0.90% ahead of the US open, amid the weakness in sterling. The pound hit a nine-month low against the [..]

Stock Market News – Dow eyes 22,000; European indices gain across the board

Posted on August 1, 2017 at 2:15 pm GMT

The Dow Jones Industrial Average hit yet another record closing high during yesterday’s trading, finishing the day 0.3% higher at 21,891.12. The index containing 30 blue chip stocks was bolstered by a string of positive earnings reports and gains in Boeing’s stock price. Declines in tech giants Facebook and Google’s parent company Alphabet weighed on the S&P 500 and more notably on the tech-heavy Nasdaq Composite. The latter two closed yesterday’s trading 0.1% and 0.4% down respectively. Boeing’s stock price [..]

Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

GER30

XM Live Chat