^GDAXI - DAX PERFORMANCE-INDEX
| Previous close | 12,289.40 |
| Open | 12,384.66 |
| Volume | 0 |
| Day's range | 12,369.19 - 12,531.16 |
| 52-week range | 10,279.20 - 12,886.83 |
| Avg. volume | 4,483,257 |
- FX Empire•5 hours ago
Markets Rise On Earnings, Boris Johnson Tapped For UK PM, Chips Lead In Asia
Global markets are up on earnings results but outlook for central bank meetings is capping gains.
- Investing.com•13 hours ago
StockBeat: Who Needs Orcel? Santander and UBS Rise on Solid 2Q
By Geoffrey Smith
- FX Empire•13 hours ago
European Equities: Geopolitics and Corporate Earnings in Focus
Another quiet economic calendar puts the UK leadership race, China, Iran, and corporate earnings in focus.
- Reuters - UK Focus•yesterday
LIVE MARKETS-Closing snapshot: Choppy and low volume
IBEX lags behind * Hopes of fresh trade talks help * Investors await ECB, Fed meetings * Philips up, Tomra falls after results Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Josephine Mason. Reach her on Messenger to share your thoughts on market moves: rm://josephine.mason.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: CHOPPY AND LOW VOLUME (0605 GMT) It's been a choppy and low-volume day for European stocks as investors prepare for big earning announcements later in the week and the European Central Bank's meeting on Thursday where the central bank is expected to lay the ground for a rate cut in the autumn. The pan-regional STOXX 600 benchmark ended up 0.1% with gains in defensive sectors partly offset by losses in rate-sensitive banks, which are likely to face more earnings pressure from falling interest rates.
- Reuters - UK Focus•yesterday
LIVE MARKETS-It's quiet, eerily quiet!
* European stocks back in the red after brief gains on hopes of fresh trade talks * STOXX 600 down 0.1% as market awaits ECB, Fed meetings * Whitbread falls as company says plans * Tomra fall 5% after results Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Josephine Mason. Reach her on Messenger to share your thoughts on market moves: rm://josephine.mason.thomsonreuters.com@reuters.net IT'S QUIET, EERILY QUIET! (1452 GMT) Volumes in European indices are very low ahead of a torrent of earnings updates from corporates this week, the ECB's monetary policy meeting on Thursday and announcement of a new PM in the UK. Only 48% of 90-day daily average volume has traded on the pan-European STOXX 600 index with less than 45 minutes of trading left today.
- FX Empire•yesterday
Earnings Hopes Lifts Futures, Politics Weighs On EU, STAR Market Opens But Asian Markets Fall
Global markets are mixed in Monday trading as FOMC hopes wane and earnings season kicks into high-gear.
- FX Empire•yesterday
The Playbook to Shape Your Trading Week
With the Fed communication breakdown (seen on Thursday and Friday) now behind us, we’re left with a firmer belief that the Fed will cut 25bp.
- Reuters - UK Focus•yesterday
LIVE MARKETS-Low-liquidity rally vulnerable to central bank shocks
* Europe pares early losses, STOXX 600 up 0.1% on weaker euro/sterling * Philips up 4%, Tomra falls after results * Eyes on ECB, Fed Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Josephine Mason. Reach her on Messenger to share your thoughts on market moves: rm://josephine.mason.thomsonreuters.com@reuters.net LOW-LIQUIDITY RALLY VULNERABLE TO CENTRAL BANK SHOCKS (1150 GMT) Most asset classes have had one of the best first-halfs ever but this rally has been in a backdrop of low market liquidity. Dovish central banks across developed markets have added fuel to the equity surge but it did little to improve trading activity, JP Morgan analysts say, pointing to a 15% drop in volumes during the second-quarter (compared to Q1).
- Reuters - UK Focus•yesterday
GLOBAL MARKETS-Stocks struggle, oil jumps on Middle East tensions
European stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while escalating tensions in the Middle East boosted oil prices and rising fears for a no-deal Brexit haunted the pound. Energy stocks booked the largest gains in Europe after crude oil prices jumped around $1 per barrel, on concern that Iran's seizure of a British tanker last week may lead to disruptions in the Middle East. "Sentiment about company earnings potential appears to be mixed at best, with some evidence that we might be seeing a bit of a pickup in economic data, after a slow first half of the year," said Michael Hewson at CMC Markets.
- Reuters - UK Focus•yesterday
LIVE MARKETS-Is ECB meeting priced in?
* Europe pares early losses, STOXX 600 up 0.1% on weaker euro/sterling * Philips up 4%, Tomra falls after results * Eyes on ECB, Fed Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Josephine Mason. Reach her on Messenger to share your thoughts on market moves: rm://josephine.mason.thomsonreuters.com@reuters.net IS ECB MEETING PRICED IN? Keep an eye out for the wording: economists at Rabobank, Deutsche Bank and Barclays expect the bank to tweak its forward guidance by vowing to keep rates at "present or lower" levels, rather than just at "present" levels currently, making explicit the downward bias for rates.
- FX Empire•yesterday
European Equities: Geopolitical Risk to Influence the Majors
A lack of stats out of the Eurozone and the U.S leaves the majors exposed to geopolitical risk on the day. There’s plenty for the markets to keep an eye on…
- FX Empire•2 days ago
The Week Ahead: A New British PM, Earnings, Iran, Stats and Trade in Focus
It’s a big week ahead for the markets. Earnings, economic data, Iran, trade war chatter, and the ECB are all in focus.
- FX Empire•3 days ago
Weekly Wrap – Stats and Sentiment towards the FED Drove the Majors…
The Pound and the EUR struggled, while the Greenback, Aussie Dollar and Kiwi Dollar saw green for the week.
- FX Empire•4 days ago
Futures Up On Earnings, Global Equities Firm On Rate Cut Hopes, Geopolitics Caps Gains
Global equities firm as rate cut hopes are stoked but traders are cautioned not to expect too much from the FOMC.
- FX Empire•4 days ago
European, US Stock Indexes Edge Higher on Hopes of Aggressive Fed Rate Hike
The major U.S. stock indexes are expected to open higher based on the pre-market futures trade, however, the markets are retreating from early highs. Buyers came in early, following through to the upside after Thursday’s late rally, but gains were dampened after a New York Fed spokesperson downplayed the chances of an aggressive rate cut.
- Reuters - UK Focus•4 days ago
GLOBAL MARKETS-Fed rate cut bets lift stocks, dollar steadies
Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one, fuelling appetite for risky assets and capping the dollar. European shares opened higher across the board, with the pan-European STOXX 600 index gaining 0.7% in early trade. Comments by New York Fed President John Williams on Thursday made it virtually certain, in the markets' view, that the Fed would cut interest rates by at least 25 basis points at its July 30-31 policy meeting and also revived expectations of an even deeper 50 bps reduction.
- Investing.com•4 days ago
Stockbeat: Trouble in Mad Men Land as Publicis Guidance Hits Sector
By Geoffrey Smith
- CNBC•4 days ago
European stocks flat as investors await Fed rate decision; Publicis down 6.5%
European stocks were flat on Friday afternoon as market players awaited news on whether the U.S. Federal Reserve will cut interest rates this month.
- FX Empire•4 days ago
European Equities: Stats, FOMC Member Chatter and Trump in Focus
The Futures markets are pointing to a bullish start to the European session. Corporate earnings, FOMC member chatter and Trump could impact…
- FX Empire•5 days ago
Global Equities Fall, Netflix Plunges -10%, Weak Data Weighs On Asia
Global markets edged lower as earnings, trade woe weighs on sentiment.
- Reuters - UK Focus•5 days ago
UPDATE 2-ECB report eases earnings pain for European stocks
European stocks ended lower on Thursday, as earnings worries ran high after poor results from software firm SAP sank technology shares, although hopes of looser monetary policy from the European Central Bank helped indexes bounce off early lows. After falling as much as 0.7% during the session, the pan-European STOXX 600 index closed down 0.2%, drawing support from a Bloomberg report that ECB staff were studying a potential change to the bank's inflation goal of near 2%. "The ECB changing its targets with regards to inflation could potentially enable it to be more accommodative for longer," said Craig Erlam, senior market analyst at OANDA in London.
- Investing.com•5 days ago
StockBeat: A Sea of Red as Earnings Live Down to Expectations
By Geoffrey Smith
- FX Empire•5 days ago
European Equities: Corporate Earnings in Focus
The futures are pointing towards a slide at the open as earnings results begin to disappoint.
- CNBC•5 days ago
European stocks pare losses amid earnings, trade uncertainty; Asos down 17%
European stocks pared early losses on Thursday afternoon, as investors digested fresh corporate results and kept an eye on global trade developments.
