^GDAXI - DAX PERFORMANCE-INDEX
| Previous close | 12,153.07 |
| Open | 12,138.14 |
| Volume | 0 |
| Day's range | 12,100.00 - 12,243.63 |
| 52-week range | 10,279.20 - 13,204.31 |
| Avg. volume | 83,981,690 |
- Reuters - UK Focus•23 hours ago
European shares rise as short covering, earnings help temper tepid PMIs
* (There will be no European stock market report on Friday and Monday on account of Easter holidays. April 18 (Reuters) - European shares ended higher on Thursday as short covering kicked in ahead of a long Easter weekend and strong quarterly results including those from Unilever and Nestle tempered data showing euro zone businesses unexpectedly slowed this month. The pan-European STOXX 600 index rose for a seventh straight session, its best winning streak since early February with Germany's DAX closing at six-month highs, while London's FTSE 100 fell, dragged by healthcare stocks.
- Reuters - UK Focus•yesterday
GLOBAL MARKETS-Stocks erase weekly gains on lackluster manufacturing data
A gauge of global stocks erased this week's gains on Thursday after underwhelming manufacturing surveys from Asia and Europe and continued weakness in U.S. healthcare shares spurred profit-taking ahead of an extended Easter holiday weekend. On Wall Street, a sell-off in healthcare shares, which have been under pressure from Democratic proposals to extend Medicare coverage to more Americans, overshadowed strong March retail sales data showing the greatest increase in 1-1/2 years. Lackluster French and German surveys of purchasing managers in the manufacturing sector for April, which showed activity continuing to contract, also prompted selling among some investors, said Darrell Cronk, chief investment officer for wealth and investment management at Wells Fargo in New York.
- Reuters - UK Focus•yesterday
Tepid growth sends investors scurrying back to German Bunds
Euro zone government bond yields were on track for their biggest one-day decline in three weeks after a business survey painted a bleak picture for German manufacturing, fuelling worries about the euro zone economy. Investors focused instead on the 44.5 reading for manufacturing, below the 50.0 mark separating growth from contraction but better than the 44.1 recorded last month. In addition, data for the bloc overall showed growth slowing as demand barely rose despite smaller price increases.
- Reuters - UK Focus•yesterday
GLOBAL MARKETS-Poor PMIs wipe week's gains off global shares
Global shares erased this week's gains on Thursday after weak manufacturing surveys from Asia and Europe stoked fears of a widespread slowdown in growth, adding to profit-taking ahead of the long Easter weekend. French and German surveys of purchasing managers in the manufacturing sector for April showed activity continuing to contract, hitting European stocks in early trade. Activity in Germany's services sector rose to a seven-month high in April, but investors focused on the 44.5 reading for the manufacturing sector, well below the 50.0 mark separating growth from contraction even if it was above the 44.1 reading last month.
Bloomberg•yesterdayGlory Days Are Over for European Stocks in 2019, Strategists Say
According to the average response in a Bloomberg poll, the Stoxx Europe 600 Index is likely to fall 8.9 percent from Wednesday’s close, to 355 points, by the end of 2019. The Euro Stoxx 50 Index, home of the euro-area’s biggest companies, is seen retreating 6.4 percent from current levels, to 3,255, the survey shows. The region’s equities are being torn between conflicting signals: optimism over global growth has helped boost the value of the Stoxx 600 by about $1.7 trillion from its December lows, while outflows from European equity funds continue almost non-stop.
- Investing.com•yesterday
StockBeat - Gloomy PMIs Overshadow Strong Nestle, Unilever Results
By Geoffrey Smith
- FX Empire•2 days ago
European Equities: Will the PMI Numbers Deliver another Boost?
Private sector PMI numbers are going to need to reflect a marked improvement to support another day of gains…
- Reuters - UK Focus•2 days ago
LIVE MARKETS-Closing snapshot: still stuck in a 5-point range
* European shares up 0.1 pct * Autos and tech rally after China GDP data * Miners, Bunzl drag on FTSE 100 * Healthcare stocks biggest weight April 17 - Welcome to the home for real-time coverage of European ...
- Reuters - UK Focus•2 days ago
GLOBAL MARKETS-Comforting China data puts Wall Street records within reach
Wall Street's main markets were eyeing a return to all-time highs on Wednesday after a raft of Chinese data beat expectations, easing concerns about the health of its economy. With Wall Street also digesting results from the likes of Morgan Stanley and U.S. trade data, the Euro Stoxx 600 and German DAX inched higher, though London's FTSE struggled as a near 5 percent drop in iron ore prices hit its miners.
- FX Empire•2 days ago
European Equities Will China Data Spoil the Party?
The DAX saw a 5th consecutive day in the green, with the CAC40 up for a 6th consecutive day. Today’s stats out of China could rain on the parade…
- Reuters - UK Focus•3 days ago
LIVE MARKETS-Closing snapshot: a taster for Q1 earnings
* Italian stocks fall into red after ECB growth doubts, Bank of Italy comments * STOXX 600 climbs 0.3 pct * Zalando rallies after better-than-expected profit forecast * Lufthansa recovers slightly after ...
- Reuters - UK Focus•3 days ago
GLOBAL MARKETS-Stocks approach new highs on positive earnings, economic data
Wall Street's S&P 500 edged higher after Johnson & Johnson beat quarterly profit estimates and raised its sales growth forecast for the year. UnitedHealth Group Inc also beat earnings estimates and increased its adjusted earnings target, though its shares reversed course to trade lower. "UnitedHealth and Johnson & Johnson raising their forecast is a hugely good thing as heading into the year we thought we might see an earnings pause or an earnings recession," said Kim Forrest, chief investment officer at Bokeh Capital Partners in Pittsburgh.
- Reuters - UK Focus•3 days ago
LIVE MARKETS-Europe's China syndrome
* Italian stocks fall into red after ECB growth doubts, Bank of Italy comments * STOXX 600 climbs 0.3 pct * Zalando rallies after better-than-expected profit forecast * Lufthansa recovers slightly after ...
- Reuters - UK Focus•3 days ago
LIVE MARKETS-Lufthansa's lift-off a recipe for Q1 results
* Italian stocks fall into red after ECB growth doubts, Bank of Italy comments * STOXX 600 climbs 0.4 pct * Zalando rallies after better-than-expected profit forecast * Lufthansa recovers slightly after ...
- Reuters - UK Focus•3 days ago
GLOBAL MARKETS-Stocks march to new highs as European volatility vanishes
Stock markets rose on Tuesday to new six-month highs after reassuring data about the health of China's economy and economic sentiment in Germany helped investors brush aside disappointing bank earnings. The latest leg higher in a three-month long global rally comes as a degree of calm has descended across financial markets, with European stock volatility falling to its lowest since January 2018, exacerbated by a shortened trading week for the Easter holidays. Germany's DAX extended its gains to rise 0.66 percent after the monthly ZEW survey showed the mood improved among German investors for the sixth consecutive month, while Britain's FTSE 100 also strengthened.
- Reuters - UK Focus•3 days ago
LIVE MARKETS-Europe's historic stock torpor
* Italian stocks fall into red after ECB growth doubts, Bank of Italy comments * STOXX 600 ekes out small gains * Zalando rallies after better-than-expected profit forecast * Lufthansa recovers slightly ...
- Reuters - UK Focus•3 days ago
LIVE MARKETS-Small is the new big
* Italian stocks fall into red after ECB growth doubts, Bank of Italy comments * STOXX 600 ekes out small gains * Zalando rallies after better-than-expected profit forecast * Lufthansa recovers slightly ...
- Reuters - UK Focus•3 days ago
LIVE MARKETS-Opening snapshot: are European stocks stuck?
April 16 - 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 ...
- Investing.com•3 days ago
StockBeat - Europe at Nine-Month High on Signs of Chinese Rebound
By Geoffrey Smith
- FX Empire•4 days ago
European Equities: Majors Eye More Gains on Trade Optimism
Hopes of a U.S – China trade agreement deliver support early. Will there be a renewed sense of optimism in Germany and the Eurozone?
Associated Press•4 days agoAsian shares mixed after lackluster Wall Street session
TOKYO (AP) — Shares were mixed Tuesday in Asia in mostly narrow trading in the absence of any major market-driving news.
- FX Empire•4 days ago
Economic Data v Earnings. Which Will Come out on Top?
The respective influences of economic data and earnings will be under debate as earnings season kicks in. Stats are weakening, yet earnings are not…
- FX Empire•5 days ago
European Equities: Majors Set to Open in the Green, with Earnings in Focus
A lack of economic data leaves corporate earnings in focus. Early support came from Asia, with little in the way of a positive start to the week.
- FX Empire•7 days ago
Risk Mode is ON again
Long time, no see, when data from China sparked such a strong movement on the market.
