|Day's range||13,008.97 - 13,191.96|
|52-week range||10,402.59 - 13,525.56|
A gauge of global equity performance scaled fresh record highs on Wednesday, propelled by bullish growth and company earnings outlooks, while crude oil prices rose to more than two-year highs. Asia again led global stock markets higher as Hong Kong's main Hang Seng index closed above 30,000 for the first time in a decade.
NEW YORK (AP) — With the Thanksgiving holiday approaching, U.S. stocks are little changed Wednesday after they finished at all-time highs the day before. The price of oil is rising on reports OPEC might extend its cuts in production, and energy companies are also up. Technology companies are taking losses as the two former halves of Hewlett-Packard tumble.
European stocks lose ground Wednesday, led lower by drops for Altice NV, Schibsted ASA and Barratt Developments PLC.
After rising for two consecutive trading days, France’s CAC 40 Index started November 22 on a stronger note. The index is trading with stability.
Stock markets are mixed, with the DAX underperforming and down while the FTSE 100 managed a rise, as investors look ahead to the U.K.’s mid-year budget and the minutes to the last Fed meeting. WTI futures hit a fresh 28-month high helping to buoy energy shares. European yields jumped higher led by Germany, lifting the … Continue reading Crude Oil Hits Fresh 28-month High Buoying Energy Shares
The DAX index has caught everyone by surprise by totalling ignoring the happenings in the political circles of Germany and continuing to move higher since the beginning of the week. After an initial wobble at the beginning of the week, we have since seen the DAX continue to move higher during this period and continues … Continue reading DAX Index Daily Fundamental Forecast – November 22, 2017
By Julien Ponthus LONDON (Reuters) - European shares quickly recovered from a weaker open on Tuesday as continued faith in the underlying strength of the European economy and a synchronised global expansion ...
European stocks finish higher Tuesday, aided by gains for airline easyJet PLC and car maker Volkswagen AG, and by investors appearing, for now, to set aside concerns about the possibility of a new election ...
Major world stock markets rose and government bond yields fell on Tuesday as a combination of strong corporate profits, steady global growth and low inflation provide scant alternatives for investors other than equities. Stocks markets from Asia to Europe to the Americas rose, with technology stocks boosting the Nasdaq Composite index to a record intra-day high.
European equities made gains on Tuesday as investors shook off negative concerns surrounding a political impasse in Germany.
Wolfgang Schaeuble, Germany’s de-facto elder statesman, called on parties to halt polarization and start building a government as Chancellor Angela Merkel raises the prospect of new elections to break ...
The currency markets continued to trade sideways, as the focus this week appears to be on political events, with the lack of hard data to drive markets. European core yields are broadly down but have started to come up from lows, as stock markets shrug off early jitters and move higher, led by a rise … Continue reading Riskier Assets Rebound as Political Concerns Fade
Forex markets have stabilized after yesterday’s volatility. However, the Euro continues to face headwinds as uncertainty surrounding German politics swirl. Inflation Hearings will be conducted in the U.K today and Existing Home Sales will come from the States. U.S Investors Produce Quiet Gains, Durable Goods Orders Data Tomorrow Economic data will be light today, Existing … Continue reading Global Equities Produce Gains as Calm Rules
The DAX closed higher for the day in a surprising move despite the political turmoil that is being witnessed in Germany since the beginning of the week. The index did start the day on the backfoot but as the day progressed, some of the traders found an opportunity to buy at low levels and they … Continue reading DAX Index Daily Fundamental Forecast – November 21, 2017
German Chancellor Angela Merkel failed to form a government at the weekend. While the euro and German stocks briefly fell, they quickly rebounded.
European equities finish higher Monday, with German equities recovering following the collapse of talks to form a coalition government for the eurozone’s largest economy.
Global equities rose on Monday as confidence over economic growth around the world helped investors brush off concerns about the collapse of government talks in Germany, which sent the euro lower against the U.S. dollar. In the latest indication of global economic expansion, the German central bank said the national economy is expanding into the end of the year on strong industrial activity and firms are struggling to find workers to satisfy orders. Investors shrugged off the political impasse in Germany while the U.S. leading economic indicators are further evidence of fairly strong economic data and an economy that is still gaining traction, said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.
MILAN/FRANKFURT (Reuters) - European shares rose on Monday as confidence over global economic activity and a retreating euro encouraged investors to brush off worries over the collapse of coalition government talks in Germany. Germany's DAX (.GDAXI) rose 0.5 percent, more than 60 points above the 13,000 points benchmark after reversing early morning losses that sent the index down as much as 0.5 percent. The broader pan-European STOXX 600 (.STOXX) index added 0.7 percent.
The collapse of coalition talks in Germany means Angela Merkel's lame-duck government will be unable to take any bold policy actions at home or abroad.
At 5:05 AM EST on November 20, the CAC 40 Index was trading at 5,322.95 with a rise of 0.07%. The iShares MSCI France (EWQ) fell 0.42% on November 17.
Nov.20 -- Investors in Germany's DAX defied the negative sentiment around the collapse of Chancellor Angela Merkel's coalition talks, pushing the index to a one-week high. The euro, however, rode a rollercoaster in 24 hours. Bloomberg's Ramy Inocencio explains with his three Bloomberg terminal charts you need to know on "Bloomberg: Daybreak Asia."