^FCHI - CAC 40
| Previous close | 5,300.78 |
| Open | 5,333.13 |
| Volume | 0 |
| Day's range | 5,325.72 - 5,378.74 |
| 52-week range | 4,555.99 - 5,672.77 |
| Avg. volume | 79,111,863 |
- FX Empire
European Equities: Futures Point to a Positive Start to the Week…
The majors are set for a positive open. Sentiment could deteriorate rapidly, however, should trade war chatter hit the news wires…
- FX Empire
The Week Ahead: Monetary Policy, Stats and Geopolitics In Focus
It’s a busy week ahead. Geopolitics, economic data, and monetary policy are in focus. We can expect it to be a choppy week…
- FX Empire
Weekly Wrap – Bond Yields, the Trade War and the Stats Did the Talking
Trade war chatter influenced a busy week on the economic data front. Stats out of the U.S and UK impressed, while the EUR took a beating.
- FX Empire
European Equities: Trade Data and Geopolitics in Focus
More volatility to come as geopolitical risk and fears of a Eurozone recession build…
- Yahoo Finance UK
Markets tank as China promises 'counter measures' in trade war
China’s Ministry of Finance said fresh 10% tariffs on $300bn of Chinese goods violated a consensus reached with the US and threatened trade talks.
- FX Empire
European Equities: Will Germany’s GDP Numbers Shock the Majors?
Economic data out of China fails to impress early. With trade tensions easing, Germany’s GDP numbers could upset the markets later this morning…
- FX Empire
European Equities: No Stats Leaves Geopolitics in Focus
The news wires will need to be market-friendly for the majors to brush off geopolitically woes on the day…
- FX Empire
The Week Ahead: Geopolitics and the Economic Calendar in Focus
Geopolitics, the Yuan and a string of key stats may test risk sentiment further in the week ahead, which would support the central bank doves…
- FX Empire
Weekly Wrap – Trade War Angst and a Slew of Weak Stats Weighed
A string of weak economic data and an escalation in the U.S – China trade war drove the majors, which also led to a surprise move by the RBNZ.
- Reuters - UK Focus
LIVE MARKETS-Go shopping!
- FX Empire
European Equities: A Light Economic Calendar Leaves Geopolitics in Focus
Can the rebound continue? Trump Twitter account will need to remain on the quieter side later on in the day to let the numbers do the talking…
- Reuters - UK Focus
GLOBAL MARKETS-Stock markets find a floor as Chinese data soothe nerves
Stock markets enjoyed a tentative recovery on Thursday after better-than-expected Chinese export data and a steadying of the yuan restored some calm to global markets. European markets followed Asia higher in early trade, helped by data showing Chinese exports rose 3.3% in July from a year earlier, beating an expected decline of 2%. Chinese imports fell by less than forecast, despite the Sino-U.S. tariff struggle.
- FX Empire
European Equities: China Trade Data and Geopolitics in Focus
It’s data light, with the ECB Economic Bulletin the only market driver from the Eurozone. China trade data and geopolitics will drive the majors today.
- Reuters
PSA shares spike on report Dongfeng exploring options for stake
MILAN/PARIS (Reuters) - PSA's shares briefly rose as much as 6.6% on Wednesday and trading volumes spiked after a Bloomberg report said Dongfeng Motor Corp is exploring options for its 2.2 billion-euro ($2.5 billion) stake in the French carmaker. The French carmaker's board has not received any notification or signal that Dongfeng planned to reduce its stake, a source close to the company said.
- FX Empire
European Equities: Stats, Earnings and the Yuan to Drive the Majors
Following 3 consecutive days in the red, the European majors may find support early on, though earnings and German data could spoil any chance of a rebound.
- FX Empire
European Equities: Can the Majors Brush Aside the Trade War Angst?
After a broad-based sell-off to kick off the week and following last week’s losses, can support kick in to stem the tide?
- FX Empire
European Equities: Service Sector PMIs and Trade in Focus
Can the markets look beyond Twitter to focus on the stats, or will trade war chatter continue to pressure the majors on the day ahead?
- Reuters
Trump's China tariff drives European stocks to worst day in seven months
Germany's trade-sensitive DAX index slumped 3.1%, while losses for luxury goods makers, which draw a large part of their revenue from China, dragged down France's CAC 40 by 3.6%. Abruptly ending a temporary trade truce between the two countries, U.S. President Donald Trump said on Thursday he would impose a 10% tariffs on $300 billion of Chinese exports to the United States from September 1, prompting Beijing to warn of retaliation. "When the global economy seems to be quite dependent on the outcome of trade negotiations, that would almost necessarily mean the markets are quite volatile as the negotiations progress," said Bert Colijn, senior economist for eurozone at ING in Amsterdam.
- Reuters - UK Focus
European shares sink after Trump trade threats
European stock indexes lost up to 2% in value in early deals on Friday as U.S. President Donald Trump's warning of new tariffs on China sank stock markets worldwide and sent trade-sensitive sectors like mining and carmakers into a tailspin. Abruptly ending a temporary trade truce between the two countries, Trump said he would impose a 10% tariffs on $300 billion of Chinese exports to the United States from September 1. Spooking investors further, Bloomberg reported that Trump is scheduled to make a statement on trade with the European Union at 1745 GMT on Friday.
- FX Empire
European Equities: The Majors Are in for Pain as Trump Signals Fresh Tariffs
The futures are signaling a sharp tumble as investors react to Trump’s latest tariff threat. Today’s stats may well be brushed aside…
- FX Empire
European Equities: U.S China Trade Talks in Focus
Economic data out of the Eurozone is limited to Spanish inflation numbers, which leaves the focus on trade talks…
- Reuters - UK Focus
LIVE MARKETS-Closing snapshot: Mario giveth and then he taketh away
* European stocks end sharply lower after rollercoaster day * ECB signals rate cut in September, more QE, triggering brief rally * Stock gains wiped out after ECB's Draghi quashes talk of rate cut today * EZ banks briefly rallied on tiered rate hopes, but gains evaporated * German business morale deteriorates * CAC 40 outperformed broader market on solid updates from LVMH, Schneider Electric * Nokia rose 7% after surprise Q2 profit jump * Cobham +35% after Advent agrees to buy for $5 billion Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Reach him on Messenger to share your thoughts on market moves: rm://thyagaraju.adinarayan.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: MARIO GIVETH AND THEN HE TAKETH AWAY (1558 GMT) The ECB's bank's policy statement delivered much of what the market had expected, signalling a September rate cut, changes to inflation targets, more QE and a gift to banks with possible tiered deposit rates and the ensuing euphoria sent euro-zone stocks rallying, led by banks.
- Reuters - UK Focus
CORRECTED-LIVE MARKETS-No bazooka!
- Reuters - UK Focus
LIVE MARKETS-Now Mario, give us the details
* European stocks rise after ECB signals potential rate cuts * EZ banks rally on tiered rate hopes * German business morale deteriorates * Cars go into reverse after Nissan news * CAC 40 outperforms on solid updates from LVMH, Schneider Electric * Nokia rises 7% after surprise Q2 profit jump * Cobham +35% after Advent agrees to buy for $5 billion Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Reach him on Messenger to share your thoughts on market moves: rm://thyagaraju.adinarayan.thomsonreuters.com@reuters.net NOW MARIO, GIVE US THE DETAILS (1237 GMT) It looks that the ECB statement didn't disappoint anyone, sending euro-zone shares shooting higher across the board, as the euro took a turn lower.
