^GDAXI - DAX PERFORMANCE-INDEX
| Previous close | 12,494.81 |
| Open | 12,639.17 |
| Volume | 0 |
| Day's range | 12,588.50 - 12,685.77 |
| 52-week range | 8,255.65 - 13,795.24 |
| Avg. volume | 115,846,519 |
- Yahoo Finance UK
Coronavirus: European stocks mixed ahead of meeting of eurozone ministers
Investors are hoping that the Eurogroup will signal support for the EU’s expansive coronavirus recovery package.
- Reuters
China charges on, gold reaches nine-year high
European shares were rising again after a two-day wobble on Thursday as China's markets continued their charge, and something between fear and greed propelled gold to a nine-year high. Chinese stocks set their longest winning streak in two years and the yuan had strengthened past 7 per dollar overnight, despite rising tension over Hong Kong and the economic uncertainty caused by COVID-19. Trade- and commodity- related currencies also reacted to China's gains.
- Investing.com
Stocks - Europe Higher; SAP Helps DAX Outperform
European stock markets traded higher Thursday, with healthy results from software giant SAP (DE:SAPG) pointing to an economic recovery but investors remain wary of the mounting coronavirus cases ahead of the new earnings season. Helping the German index outperform Thursday were strong gains from SAP, up 7.5% at a new all-time high, with the business software giant posting a rise of 8% in its second quarter operating profit, helped by a recovery in software license revenue in the Asia Pacific and Japan region. Elsewhere, fashion retailer boohoo.com (LON:BOOH) shares bounced sharply after its biggest shareholder, Jupiter Fund Management (LON:JUP), delivered a vote of confidence in the company by raising its stake to over 10%.
- FX Empire
European Equities: Economic Data and COVID-19 to Test the Majors
U.S weekly jobless claims will be in focus later. Earlier in the day, expect any Brexit chatter and updates on COVID-19 to influence.
- Yahoo Finance UK
What to watch: FirstGroup viability warning, Sunak's summer statement, stocks fall
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Coronavirus: European stocks fall as pessimism about recovery takes hold
Investors are no longer optimistic about the potential for a swift economic recovery from the pandemic.
- Reuters
Asian shares waver with coronavirus, focus turns to corporate earnings
Asian stocks dithered on Wednesday as an increase in coronavirus cases in some parts of the world undermined prospects for a quick economic recovery while oil prices eased on oversupply fears. London's FTSE futures <FFIc1> slipped 0.85%. MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> inched up but was still lower than a 4-1/2-month high reached just on Tuesday.
- FX Empire
European Equities: DAX Set to Open in the Red, with No Stats to Provide Direction
The futures point to a bearish open for the European majors. A lack of data will leave the majors in the hands of the news wires and COVID-19…
- Yahoo Finance UK
Gloomy forecasts drag down stock markets
European markets opened lower on Tuesday morning, while futures were pointing to a lower open for Wall Street.
- Zacks
6 Top Large-Cap Stocks With More Than 100% Return YTD
A handful of large-cap companies with a favorable Zacks Rank have skyrocketed more than 100% YTD, defying coronavirus-induced economic devastations.
- Yahoo Finance UK
German industrial production jumped in May
Output rose 7.8% in May from April as COVID-19 restrictions eased.
- FX Empire
European Equities: Can the Majors Continue to Defy Gravity? Plenty Can Go Wrong…
Futures point to more gains, though a light economic calendar leaves the majors exposed to the news wires and geopolitical risk.
- Yahoo Finance UK
Global stocks buoyed after government-backed rally in China
Hints of what chancellor Rishi Sunak could announce later this week have also boosted house building and retail stocks.
- Investing.com
Stocks - Europe Gains on Strong Recovery Hopes
Elsewhere, gold futures fell 0.3% to $1,785.35/oz, while EUR/USD traded at 1.1297, up 0.4% on the day.
- FX Empire
European Equities: Stats, Geopolitics, and COVID-19 to Drive the Majors
The futures markets are pointing northwards ahead of the European open. Geopolitics and COVID-19 could darken the mood, however…
- FX Empire
European Equities: A Week in Review – 04/07/20
After a bullish week, supported by positive economic data, it is a quieter week ahead. That will leave the majors exposed to geopolitics and COVID-19 news.
- Yahoo Finance UK
What to watch: Ryanair agrees Irish pilot pay cut, consumer confidence improves, and Amigo Loans warns on complaints
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
FTSE 100 melts down as US COVID-19 cases in focus
The United States once again broke a record for the number of daily new COVID-19 cases on Thursday, with 55,000 new incidents confirmed.
- FX Empire
European Equities: Service Sector PMIs and COVID-19 News to Guide the Majors
With the U.S markets closed, Eurozone and member state service sector PMIs for June and COVID-19 are in focus today.
- Yahoo Finance UK
What to watch: All Bar One owner swings to loss, Meggitt warning, and stocks rise
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Brexit deal and coronavirus recovery dominate Germany's EU presidency
Maas said pressure is on Germany to oversee a UK-EU agreement, and avoid a No-Deal Brexit.
- FX Empire
European Equities: Majors to Respond to COVID-19 Vaccine News ahead of U.S Stats
Futures point to a bullish day ahead. U.S Stats will need to support, however…
- FX Empire
Mid-Week Themes – Stats, Brexit, COVID-19 and Stimulus Keep the Markets Busy
There’s plenty to consider as we enter the 3rd quarter. Brexit, a labor market recovery, possible trade wars, and Trump are all there to influence…
- Bloomberg
European Equities Close Higher at the End of a Volatile Session
(Bloomberg) -- European stocks closed in the green, after swinging between gains and losses in a volatile session ahead of the release of minutes from the Federal Reserve’s latest meeting.The Stoxx Europe 600 Index added 0.2%, erasing a drop of as much as 1% after a private-sector U.S. jobs report. The benchmark fell earlier on downbeat virus news, tensions about China’s national security legislation for Hong Kong and bleak German unemployment data.Germany’s DAX Index dropped 0.4% as trading resumed following an earlier outage on Deutsche Boerse’s T7 system, on which both Xetra cash equity and Eurex derivatives trading rely. The technical issue disrupted derivatives and stock markets in several Central and Eastern European countries and prompted Denmark to postpone a bond auction.The Stoxx 600 is entering July, historically its best month of the year, after racking up three straight months of gains. Following a downbeat first quarter, European stocks rebounded in the second to climb 13%, with technology, autos and mining sectors leading the rally.“We’ve entered a consolidation phase across markets, not just for Europe at the moment, and at some point we will move higher again,” Esty Dwek, head of global market strategy at Natixis Investment Managers Solutions, said by phone. “But because markets have been pricing in a lot of good news already and quite a good shape of the recovery, it might take even more better-than-expected news for markets to keep moving up.”U.S. companies added 2.37 million jobs in June following a revised 3.07 million gain in May that was previously reported as a decline, according to ADP Research Institute data released Wednesday.Travel and leisure shares led gains on Wednesday, followed by energy companies. Carmakers, miners and banks trailed.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance UK
What to watch: B&M's steady recovery, UK manufacturing, Ryanair job cuts
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
