All Articles Tagged - IT40

Stock Market News (European Open) – European equities in the red as uncertainty remains in Spain; Asia mixed

Posted on October 19, 2017 at 9:52 am GMT

In Japan, the Nikkei 225 and the country’s broader gauge of equity performance, the Topix, gained 0.4% and 0.3% respectively, extending their streak of positive closes and yet again renewing multi-year highs. Hong Kong’s Hang Seng and the Shanghai Composite declined by 1.9% and 0.35% respectively. Australia’s S&P/ASX 200 added 0.1%. Chinese GDP growth figures were among the day’s highlights in terms of data releases out of the world’s second largest economy. Economic growth came in in line with expectations [..]

Stock Market News (US Open) – FTSE helped by weakening sterling; major Wall Street benchmarks slightly down

Posted on October 6, 2017 at 2:43 pm GMT

The pan-European Stoxx 600 traded 0.3% lower not long before European traders head home for the weekend. Despite the decline, it remains up on the week and on track for its fourth consecutive weekly gain. Spain’s IBEX 35, which received additional attention this week due to ongoing tensions over Catalonia’s efforts to gain independence, was 0.4% down, having reversed a large part of losses recorded earlier in the day. The blue-chip benchmark suffered a poor week, with weekly losses standing [..]

Stock Market News (US Open) – DAX only bright spot in Europe, boosted by automakers; US opens lower

Posted on October 4, 2017 at 2:10 pm GMT

Most major European bourses remained into the red as the trading day progressed. The Stoxx 600, a broader gauge of European equity performance, was down 0.15% after rising to a three-and-a-half-month high of 391.09 earlier in the day. IBEX 35 was on track to record its worst performance in more than a year. The Spanish blue-chip index was last down by 2.3% with financials being the benchmark’s worst performing sector. Banks Banco de Sabadell, Caixabank, Bankia, Banco Santander, Banco Bilbao [..]

Stock Market News (European Open) – Europe broadly lower with Spanish equities underperforming; Hang Seng adds to gains

Posted on October 4, 2017 at 9:43 am GMT

The Japanese Nikkei 225 and the broader Topix finished the day at fresh three-year highs after achieving the same feat yesterday, albeit their performance significantly lacked yesterday’s rise. The former added less than 0.1% and the latter was only higher on the margin. Hong Kong’s Hang Seng gained 0.7% after yesterday’s surge by 2.25%; the index has been on a positive footing after the PBOC announced that it will reduce the bank reserve requirement ratio, boosting banking stocks. Australia’s S&P/ASX 200 added [..]

Stock Market News (US Open) – Excluding Spain, Europe on the rise; Stoxx 600 hits 3-month high; Wall Street at fresh peaks

Posted on October 2, 2017 at 2:03 pm GMT

As trading progressed, major European benchmarks remained broadly in the green with the Spanish IBEX 35 being the exception as it was weighed by political uncertainty in the country following yesterday’s Catalan referendum for independence. The pan-European Stoxx 600 last traded 0.1% higher, hitting a fresh three-month high of 389.43 earlier in the day. The IBEX 35 was down by 1.8%, looking poised for its worst daily performance in nearly two years. The FTSE 100, DAX and CAC 40 were [..]

Stock Market News (US Open) – FTSE declines steeply on sterling strength; Apple weighs on US benchmarks

Posted on September 14, 2017 at 2:15 pm GMT

The pan-European Stoxx 600, which gives a wider view of European equities, was trading up on the margin as European traders were getting near the market’s close. The FTSE 100 was a notable decliner, being dragged down by the stronger British currency. Sterling surged today after Bank of England policymakers, upon completion of their meeting on monetary policy, signaled that a rate hike might be delivered for the first time in more than ten years “in the coming months”. Indicatively, [..]

Stock Market News (US Open) – European stocks partially recover losses; miners dominate FTSE underperformers; Wall Street opens lower

Posted on September 13, 2017 at 2:06 pm GMT

European equities, as gauged by the performance of major indices in the continent, have to a large extent reversed losses from earlier in the day. The Stoxx 600 was down by less than 0.1%, making up for more than three-quarters of the 0.4% decline it reached at its lowest earlier in the session. The FTSE 100, DAX and CAC 40 all moved higher with the former remaining in red territory though, being last down by 0.2%. The DAX and the [..]

Stock Market News (US Open) – European insurers remain in deep gains; US opens comfortably in the green

Posted on September 11, 2017 at 2:13 pm GMT

As the European session was nearing completion, major indices in the continent remained in the green. The Stoxx 600, a broad gauge of European equities, was last 0.9% up on the day and close to the day’s peak, which constituted a near one-month high. All industry sectors within the index were trading higher. Turning to other closely watched indices in Europe, the FTSE 100 was 0.2% up, while the DAX and CAC 40 were both trading higher on the day [..]

Stock Market News (US Open) – European stocks reverse losses; Wall Street main indices mixed

Posted on September 8, 2017 at 2:11 pm GMT

As Friday’s trading progressed, most indices in Europe reversed earlier losses, with some even trading in the green not long before European markets close for the weekend. The Stoxx 600, a broader gauge of European equities, was last up on the margin. This compares with the 0.4% fall that was recorded in the morning when the index was at its lowest. The closely watched FTSE 100 was last 0.5% down. It’s been a bad week for the UK’s blue-chip index, [..]

Stock Market News (European Open) – European markets await ECB; mixed picture in Asia

Posted on September 7, 2017 at 9:41 am GMT

Equity markets in Asia projected a mixed picture today. South Korea’s Kospi climbed by a sizeable 1.1%, the Nikkei 225 finished the day higher for the first time this week, rising by 0.2%, while the broader Japanese index, the Topix, rose by a heftier 0.4%, building on yesterday’s gains. In terms of losers, Hong Kong’s Hang Seng retreated 0.3% and the Shanghai Composite by a much larger 0.6%. Australia’s S&P/ASX 200 was flat. Risk sentiment was boosted today after US [..]

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.

IT40

XM Live Chat