^GDAXI - DAX PERFORMANCE-INDEX
| Previous close | 12,670.11 |
| Open | 12,655.32 |
| Volume | 0 |
| Day's range | 12,647.86 - 12,685.58 |
| 52-week range | 10,279.20 - 12,698.37 |
| Avg. volume | 86,241,618 |
- Reuters - UK Focus
GLOBAL MARKETS-Stocks flat on data, earnings; pound volatile
European stocks pulled back slightly from their strongest closing high in more than a year as clashing headlines on Britain's last-minute efforts to forge a divorce deal with the European Union left investors hanging on the outcome. On Wall Street, stocks retreated after monthly retail sales data for September showed a decline for the first time in seven months, raising concerns that softness in the manufacturing sector was starting to spread to the broader economy.
- FX Empire
Futures Fall Despite Solid EPS, Retail Sales Miss, Brexit Deal Remains Elusive
The earnings-driven rebound stalls as concerns over the Phase I trade deal begin to take center stage.
- FX Empire
European Equities: Brexit, Earnings and Economic Data in Focus
Brexit remains a key driver on the day as the EU Summit rapidly approaches. Eurozone trade data, U.S retail sales, and earnings will also influence.
- FX Empire
Futures Rise, Earnings Season Off To Shaky Start, Trade Concerns Dampen Investor Appetite
Global markets are mixed as earnings season gets underway.
- Reuters
Wirecard rejects FT report as shares drop
LONDON/BERLIN (Reuters) - Germany's Wirecard rejected allegations of impropriety on Tuesday after the Financial Times newspaper published documents on the company's accounting practices which it said appeared to indicate an effort to inflate sales and profits. "Today's article by the Financial Times is a compilation of a number of false and misleading allegations... which were already fully refuted before," Wirecard said in a statement. At 1349 GMT, the company's shares were down 14.1% after hitting their lowest since April 24, making them the biggest faller on Germany's DAX 30 and on track for their worst day since early February.
- Reuters - UK Focus
LIVE MARKETS-Opening snapshot: that Friday feeling
- Investing.com
StockBeat: Markets Rise as China Confirms Deal With U.S.; Wirecard Slips
By Geoffrey Smith
- FX Empire
European Equities: Brexit, Corporate Earnings and Stats in Focus
It’s a busy day ahead for the majors, with economic data, geopolitics and, corporate earnings in focus. Is a Boris Johnson magic act on the cards?
- FX Empire
US MAJOR INDEXES RETEST CRITICAL PRICE CHANNEL RESISTANCE
News, again, drives the US stock market and major indexes higher as optimism of a US/China trade agreement floods the news wires. As we’ve been suggesting, the global markets continue to be news-driven and are seeking any positive news related to easing trade tensions and capital markets. We believe any US/China trade deal would be received as very positive news by the global capital markets – yet we understand the process of achieving the components of the “deal” would likely still be 6 to 24 months away.
- Reuters - UK Focus
LIVE MARKETS-Explosive Friday: A look into Brexit shocks in stock markets
* European stocks hand back some of Friday's gains * STOXX 600 -0.6%, FTSE 100 -0.5% * Stocks weighed down by report China wants more talks before signing deal * Doubts on Brexit deal also dampens mood * Sophos soars 36% after PE takeover approach Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: rm://julien.ponthus.thomsonreuters.com@reuters.net EXPLOSIVE FRIDAY: A LOOK INTO BREXIT SHOCKS IN STOCK MARKETS (1356 GMT) A post-mortem of Friday's massive rally in UK domestic stocks shows the very stocks that got repeatedly battered on negative Brexit noise rallied hard.
- Reuters - UK Focus
LIVE MARKETS-Positive signals in sterling options market
* European stocks hand back some of Friday's gains * STOXX 600 -0.8%, FTSE 100 -0.5% * Stocks weighed down by report China wants more talks before signing deal * Doubts on Brexit deal also dampens mood * Sophos soars 36% after PE takeover approach Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: rm://julien.ponthus.thomsonreuters.com@reuters.net POSITIVE SIGNALS IN STERLING OPTIONS MARKET (1309 GMT) Domestically focused UK stocks and sterling had a wild rally on Friday, for one of the market's most explosive sessions since the Brexit referendum, after upbeat comments on Thursday night about progress between British PM Boris Johnson and his counterpart.
- FX Empire
Futures Fall As Uncertainty Grips The Market, Brexit Deal Elusive, China Trade Data Falls
Global markets falter because of trade deal uncertainty, we’ve got a deal but not exactly.
- Reuters - UK Focus
LIVE MARKETS-Brexit sharing and caring part 2: Euro zone love
* European stocks hand back some of Friday's gains * STOXX 600 -0.8%, FTSE 100 -0.5% * Stocks weighed down by report China wants more talks before signing deal * Doubts on Brexit deal also dampens mood * Sophos soars 36% after PE takeover approach Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: rm://julien.ponthus.thomsonreuters.com@reuters.net BREXIT SHARING AND CARING PART 2: EURO ZONE LOVE (1247 GMT) As written below, there would be many ways to share the love, should the EU and the UK strike a sweetheart divorce deal. Outside from the pound and the FTSE 250 (see below), euro zone equities would also most likely be sent in a sweet spot.
- Reuters - UK Focus
GLOBAL MARKETS-Stocks dip as report China wants more trade talks tempers optimism
A global index of stock markets dipped on Monday as a report that China wants more talks before signing a "Phase One" trade deal with the United States tempered an initial burst of optimism that followed signs of progress last week. Stock markets in Asia cheered U.S. President Donald Trump's outlining the first phase of an agreement to end a trade war with China and suspending a threatened tariff hike.
- Reuters - UK Focus
LIVE MARKETS-Headline trading is here to stay
* European stocks hand back some of Friday's gains * STOXX 600 -0.9%, FTSE 100 -0.6% * Stocks lower late morning after report China wants more talks before signing deal * Sophos soars 36% after PE takeover approach Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: rm://julien.ponthus.thomsonreuters.com@reuters.net HEADLINE TRADING IS HERE TO STAY (1118 GMT) Shares here in Europe are having a decent pull-back this morning as initial euphoria from Friday's partial trade deal and hopes the UK will avoid a no-deal Brexit has quickly evaporated, giving the way to doubts and uncertainty over what lies head in talks between Washington and Beijing.
- FX Empire
U.S. Stocks Turn Lower as Investors Sour on ‘Phase One’ Trade Deal
Investors took no chances upon hearing the news. Besides driving stocks lower and erasing some of Friday’s gains, hedgers drove December Treasury Notes 0.46% higher. December Comex gold futures rose 0.73% and the Japanese Yen jumped 0.24% higher. These protection moves are likely to increase if investors continue to turn sour on the deal.
- FX Empire
EUR/USD Daily Forecast – Euro Holds Gains Above 1.10
EUR/USD made a significant bullish technical break after crossing above the 1.10 handle last week and is holding above the important technical area at the start of the week.
- Yahoo Finance UK
What to Watch: £3bn takeover for UK software firm, FTSE 250 dives on Brexit fears, and Extinction Rebellion targets the City
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Reuters - UK Focus
GLOBAL MARKETS-Stocks slip amid lack of detail on trade deal
A global index of stock markets slipped on Monday as signs of progress in the China-U.S. trade dispute drew mixed a reaction from investors, with some cautioning over a lack of detail in the initial stages of the agreement. Stock markets in Asia cheered U.S. President Donald Trump's outlining the first phase of an agreement to end a trade war with China and suspending a threatened tariff hike, but European shares slipped. Germany's DAX, dominated by companies exposed to China, slipped 0.5%.
- Reuters
European stocks hit pause as trade doubts linger
Growing optimism around Sino-U.S. trade talks and a Brexit agreement had helped the index log its best one-day percentage gain since early January, making the slight pullback natural. "We need more information to determine whether the latest developments represent a structural change in the relationship between the U.S. and China," Bank of America Merrill Lynch's Claudio Irigoyen wrote in a note. Late on Friday, the United States outlined the first phase of a trade deal and suspended this week's scheduled U.S. tariff hikes on Chinese goods, but existing tariffs remained in place and officials on both sides said much more work was needed before an accord could be agreed.
- Investing.com
StockBeat: 2nd Thoughts on Trade, Brexit Bring Markets Back to Earth
Europe’s stock markets were brought down to earth on Monday by Chinese data that showed how much economic activity has slowed reminding participants that it will need more than grand words and handshake deals to revive a global economy hobbled by various trade-related uncertainties.
- FX Empire
European Equities: China Trade Data and Geopolitics to Influence
China trade data and Brexit updates to set the tone at the start of the week.
- FX Empire
The Week Ahead – Brexit, Earnings, Stats and the IMF and EU Summit in Focus
It is a big week ahead, with corporate earnings, trade talks, Brexit and economic data in focus. There’s also the IFM meetings and the EU Summit.
- FX Empire
European Equities: A Week in Review – 11/10/19
It was a week for the bulls, with the European majors getting a boost from progress on Brexit and trade talks.
