|Day's range||12,408.93 - 12,494.25|
|52-week range||10,279.20 - 12,656.05|
It’s a big week ahead for the markets. The FED, the BoE and Brexit are in focus, with stats and chatter on trade also needing some attention.
Global markets rise on trade hopes but new records for the indices and a trade deal may be elusive.
* Credit Suisse upgrades UK equities to "overweight" in dollar terms 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. After a choppy session yesterday, banks are enjoying a nice little rally here supported by the rotation theme and ECB's stimulus measures that largely met market expectations. Euro-zone banks have surged 16.5% since mid-August and are on track for their best weekly performance in 2-1/2 years after hitting their highest since July 25.
* Credit Suisse upgrades UK equities to "overweight" in dollar terms 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. To quote U.S. President Trump, China has just made a huuuuuuuge concession to the United States by dropping additional tariffs on agricultural products, including soybeans and pork.
It was yet another day of gains for the majors as they approach record levels. As market risks abate it may well be a return to the stats for direction.
Global markets rise on trade hopes and stimulus plans, the S&P; 500 is striking distance from new all-time highs.
The European Central Bank chose to cut one of its key interest rates for the first time since early 2016, pushing them into record negative territory.
It’s a big day for the majors. While economic data is on the heavier side, it’s all down to the ECB monetary policy decision. It’s sink or swim time…
Trump blasts the FOMC again as we gear up or another meeting, he wants zero interest rates but the data just doesn’t support it.
* European stocks rise again: STOXX 600 +0.3% * Beaten-down sectors banks and cars lead charge higher * Apple iPhone launch boosts chipmakers * Casino buoyed by Carrefour takeover report 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: rm://firstname.lastname@example.org OPENING SNAPSHOT: BEATEN-DOWN STOCKS RISE AGAIN (0735 GMT) Miners, banks and cars are leading the march higher across European stock markets this morning, as investors continue to pile into this year's laggards. In another sign that investors are shifting out of this year's best-performing stocks, Zara-owner Inditex's shares are down 2.8%, among the biggest fallers on the STOXX 600 even after delivering an in-line set of results.
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: email@example.com EUROPEAN STOCK FUTURES ON A 6-DAY WINNING STREAK (0624 GMT) European stock futures are indicating a stronger open this morning, extending a winning streak into a sixth day as investors brace for the ECB to cut interest rates and announce a range of stimulus measures to shore up the bloc's economy tomorrow. The owner of clothing chain Zara and the world's biggest fashion retailer, Inditex, has posted first-half profits and sales that were in line with expectations, buoyed by good summer weather in Europe and favourable foreign exchange effects.
With no material economic data due out of the Eurozone, sentiment towards monetary policy and Brexit will continue to test the majors on the day.
Bond yields climbed and a gauge of world stock markets recovered from previous lows to trade flat on Tuesday, as uncertainty grew over the mix of stimulus the European Central Bank will add to boost a slumping economy this week amid fresh signs global growth was slowing. The bond moves come as market participants look toward Thursday's ECB meeting, which is widely expected to deliver a cut to interest rates and point to further bond-buying stimulus.
It’s a relatively quiet day on the economic data front, which could test market resolve. There’s a lot riding on a dovish ECB…
Global markets try to move higher on Monday but the gains are uneven as trade woe, politics and data weigh on sentiment.
Stocks gained on Monday as investors pinned their hopes on expected stimulus from the world's central banks to support slowing growth, while the pound hit a six-week high on hopes that Britain will not quit the EU without a deal. British Prime Minister Boris Johnson will try for a second time on Monday to call a snap parliamentary election, but is set to be thwarted once more by opposition lawmakers who want to ensure he cannot take Britain out of the European Union without a divorce agreement in place. "The threat of a no-deal Brexit has somewhat receded but has not gone away completely, which is reflected around current levels," said Esther Maria Reichelt, a strategist at Commerzbank.
Global stock markets gained on Monday as investors pinned their hopes on stimulus that's expected from the world's central banks to support slowing growth. European markets opened higher after data showed a surprise rise in German exports and on expectations of stimulus by the European Central Bank later this week. MSCI's All Country World Index, which tracks shares across 47 countries, was up 0.05%.