|Day's range||12,189.49 - 12,309.14|
|52-week range||10,279.20 - 12,886.83|
European stocks rebounded from early losses Wednesday after U.S. Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China were closing in on a trade deal.
The global equity markets were mostly lower ahead of the opening bell as investors digested tensions between Iran and the US. There are two Fed member speeches today that stand to move the markets, depending on the message conveyed.
European stocks edged lower Tuesday amid heightened geopolitical tensions between the U.S. and Iran, as well as ongoing trade uncertainty.
A lack of stats from the Eurozone will leave geopolitics front and center. Consumer confidence numbers and FED Chatter will also need to be monitored.
Global equity markets traded mostly flat on Monday as investors awaited U.S.-China trade talks the end of this week at the G20 summit, and the dollar fell to three-month lows on bets the Federal Reserve may cut interest rates more than once this year. European stocks stumbled on fears of an escalation in Iran tensions, which also kept gold prices near a six-year high. U.S. President Donald Trump targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other Iranian senior officials with new sanctions on Monday.
European stocks stumbled and the dollar hit three-month lows on Monday as hopes waned for progress in Sino-U.S. trade talks at this week's G20 meeting and fears of an escalation in Iran tensions flared up. Investors are waiting to see if Presidents Donald Trump and Xi Jinping can de-escalate a trade war that is damaging the global economy and souring business confidence.
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://email@example.com OPENING SNAPSHOT: CARS SKID, RETAILERS RISE, NATIXIS OFF LOWS (0732 GMT) Most of the European indices open higher, but Germany's DAX is underperforming hit by falling auto stocks. Mercedes-Benz maker Daimler is sliding 3% after it cut full-year profit expectations and peers BMW and VW are down 1%.
European stocks closed lower Monday as investors continued to monitor geopolitical tensions between the U.S. and Iran.
The futures are pointing to a mixed start to the day. Rising tensions in the Middle East will likely test appetite for riskier assets on the day.
A G20 summit, talks of military strikes in the Middles East and economic data will keep the markets on their toes in the week ahead.
Global markets pause as geopolitical tensions flare, the S&P; 500 is sitting at a new all-time high but may not move much higher.
The new worry is a potential escalation of the tensions between the United States and Iran. This could limit gains today by encouraging investors to lighten up their long positions.
Can the CAC40 make it 5 out of 5? Monetary policy easing and hopes of an end to the U.S – China trade war have certainly played their part.
The global markets surge after the FOMC hints at rate cuts, is this the start of the next rally or the beginning of the end for 2019’s market recovery.
* STOXX 600 up 0.6% after hitting highest since May 6 after dovish Fed * Italy and Germany lead gains as oil, tech stocks rally * FTSE 100 up 0.6% after BoE keeps rates on hold, cuts growth forecast * Delivery Hero storms higher after co lifts profit forecast June 20 - 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: firstname.lastname@example.org FTSE 100 SURGES AS STERLING FALLS AFTER BOE (1212 GMT) The UK's top stock index has hit day highs, up 0.7%, after the Bank of England kept rates on hold and cut its second-quarter growth forecast, driving sterling down. It's a typical move for the FTSE 100 which usually moves inversely to the currency due to its multinational exporter stocks.
* STOXX 600 up 0.8%, hits highest since May 6 after dovish Fed * Italy and Germany lead gains as oil, tech stocks rally * FTSE 100 up 0.4%, lags on stronger sterling * Delivery Hero storms higher after co lifts profit forecast June 20 - 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. Is all this pointing to hope that Trump and Xi's G20 meeting will result in some comforting news? Here's a chart of the roller-coaster the DAX has been on lately: (Thyagaraju Adinarayan) ***** UK STOCKS TO WATCH AS ELECTION RISK RISES (0849 GMT) It's still all to play for in Britain's Conservative Party leadership - and Premiership - contest.
European stocks surged to six-week highs on Thursday, as investors piled into riskier assets after the U.S. Federal Reserve joined the growing number of major central banks signalling that a new round of monetary stimulus was likely. The Fed's statement after European markets had closed on Wednesday signalled that a cut in interest rates might come as soon as July, sending U.S. and Asian stock markets higher, and the dollar and government bond yields lower.
The pan-European STOXX 600 index finished 0.4% higher, with most country indices in the black as investors globally priced in the prospect of an easing of U.S. interest rates next month and more to follow. The Bank of England, in contrast to the Fed, continues to threaten to raise and not lower rates, but its June meeting saw the Monetary Policy Committee slash second quarter growth forecasts to zero, heading off any market fears that it would actually deliver a hike anytime soon. "The Bank of England was never going to rock the boat with an interest rate rise, given static economic conditions and a continued lack of direction on Brexit," Laith Khalaf, a senior analyst at Hargreaves Lansdown wrote in a note.
European stocks traded sharply higher Thursday as investors await an interest rate decision from the Bank of England.
A dovish FED should provide support in the early part of the day. Geopolitical risk and economic data will have an influence, however.