|Day's Range||7,209.70 - 7,239.86|
|52 Week Range||6,536.50 - 7,903.50|
The STOXX 600 hovered around flat by 0950 GMT, steadying at its highest level since Oct 10 as company results on the whole looked good but falls in autos stocks limited gains. French car parts maker Faurecia climbed 1.9 percent after saying it hoped to outperform the market this year and reported margin expansion, though it warned of negative auto production growth in general. Faurecia's gain bucked the trend in the autos sector which fell 0.7 percent, lagging the market after data showed car sales in China fell for a seventh straight month.
Investing.com -- Europe’s stock markets are edging lower Monday, struggling to build on a four-month high they hit on Friday on hopes of action from the European Central Bank to revive the economy.
European stocks edged higher Monday, although volumes were thin in most markets around the world owing to today's President's Day holiday, as investors continued to key on developments in U.S.-China trade talks. Gains in the region were capped by concern that the White House may opt to impose tariffs on European-made cars now that President Donald Trump has received a report from the Commerce Department that assessed their risk to national security. Broader market sentiment, however, was linked to the progress in last week's trade talks between high-level delegations of both the U.S. and China in Beijing, which are slated to continue this week in Washington, with the aim of reaching a comprehensive pact by the March 2 deadline or, as President Trump has hinted, extend the talks for a further period of time in order to address the myriad issues that still separate the world's two biggest economies.
LONDON MARKETS London markets were down on Monday, losing some of the advances made last week, with trading volumes potentially lower due to a U.S. holiday. Investor concerns remain over trade negotiation progress between the U.
The FTSE 100 index was down 0.2 percent by 0935 GMT, lagging its European and Asian peers, while the midcap bourse gained 0.4 percent lifted by the pound. Sterling rose as investors waited for the outcome of Brexit talks between Britain and the European Union, while the dollar took a hit as investors eyed risky assets on China-U.S. trade optimism.
The pan-European Stoxx 600 was flat during mid-morning deals, with sectors and major bourses pointing in opposite directions. Market focus is largely attuned to global trade developments, with officials from the U.S. and China set to resume negotiations this week.
The ECB, the FED, and the RBA release meeting minutes in the week, as the markets look for any more signs of a possible recession. Trade talks also resume.
Executive pay has long caused conflict between shareholders and boards but generous pension deals are expected to be the main battleground this AGM season. UK investors are increasingly irate at the difference in benefits between company bosses and ordinary workers. In some cases, FTSE 100 chief executives receive retirement benefits worth more than half of their salary while staff are lucky to get a tenth of their pay as a pension contribution.
European stocks finish sharply higher Friday, helping the pan-European benchmark produce its best weekly gain since early November, as investors cheer signs of progress on a U.S.-China trade deal.
The midcap index meanwhile saw online trading platform Plus500 fall sharply on a report that it may have "misled" investors over losses. The FTSE 100 added 0.6 percent and the midcaps closed 0.1 percent higher, with investors seeing little change in the Brexit backdrop after Prime Minister Theresa May's latest defeat in parliament on Thursday.
London’s main stock index was headed for its third straight week of gains, rising modestly on Friday after data that showed strength in retail sales.
U.S. equity futures edged higher Friday, following solid gains in Europe, on reports that officials from both the U.S. and China will continue trade talks next week in Washington, raising hopes of a near-term ...
This year’s Super Bowl may be over, but Wall Street is still in need of the equivalent of the “Hail Mary” pass that has such a special place in American football. Earnings growth for S&P 500 companies is expected to grind to a virtual halt in the first half of the year compared with the same period in 2018, when the effect of the corporate tax cuts kicked in.
The FTSE 100 added 0.1 percent, outperforming its U.S. and European peers, though the FTSE 250 was down 0.4 percent as ConvaTec tanked after reporting what its CEO called "disappointing results". Investors also kept an eye on the ongoing parliamentary turmoil over Prime Minister Theresa May's Brexit plan. "The fact that there will now be another meaningful vote on Feb. 27 has taken the pressure off today's vote ... but Theresa May's 'my deal or no deal' doesn't look like it will make it into next month," London Capital Group analyst Jasper Lawler said.
European shares gave up three-month highs on Thursday after a surprise sharp decline in U.S. retail sales pulled stocks lower in afternoon trading, spoiling an initially upbeat session that saw blue-chips such as Nestle shine on strong earnings. Wall Street opened in the red, albeit moderately, after data showing the largest drop in retail sales since September 2009, when the economy was emerging from a recession. "The market’s fragile optimism was undermined on Thursday after a truly horrendous set of retail sales figures out of the U.S.," wrote Connor Campbell, an analyst at Spreadex.
London stocks posted modest gains on Thursday, as investors continued to look to global trade talks for inspiration, while balancing some grim economic news from Europe.
U.S. equity futures turned sharply red Thursday after data showed the weakest reading for December retail sales in nine years, erasing earlier gains linked to progress in trade talks between Washington and Beijing and data showing a surprise jump in January China export activity. Retail sales fell 1.2% in December from the previous month, the Commerce Department, the biggest drop since September 2009 and well shy of the 0.2% gain that was forecast by economists. Although data was partially impacted by the 35-day government shutdown, the weakness in such a key metric of U.S. economic health -- consumer spending is responsible for around two thirds of GDP growth -- triggered sharp reversals in U.S. equity futures.
Most European markets rose modestly on Thursday morning, as weak German economic data failed to entirely damp positive sentiment on hopes of progress in U.S.-China trade talks.
U.S. equity futures suggest solid gains on Wall Street amid signs of potential progress in U.S. China trade talks and data showing that country's exports rebounded firmly in the first month of the year. China's U.S. trade surplus eases to $27.3 billion, the lowest since May 2018, as imports fall 42% thanks in part to steep declines in soybean purchases. Global oil prices rise for a third session as China data showed crude imports rose 4.8% and topped the 10 million barrel per day mark for third consecutive month.
Global stocks traded cautiously higher amid signs of potential progress in U.S. China trade talks and data showing that country's exports rebounded firmly in the first month of the year. China's U.S. trade surplus eases to $27.3 billion, the lowest since May 2018, as imports fall 42% thanks in part to steep declines in soybean purchases. European stocks book solid gains, as the euro slips to a three-month low after data showed Germany's economy avoid recession, but recorded no growth over the final three months of the year.
Opinions divide between those coloured by the acquisitive group’s financial strategy, buying undervalued software groups, and greyer types who disagree with buying mature tech companies offering low growth. Chief executive Stephen Murdoch paints a pretty picture of hefty shareholder returns. Mr Murdoch could promise more handouts because Micro Focus had plenty of free cash flow by the end of October.
The pan-European Stoxx 600 was up around 0.3 percent during mid-morning trade, with most sectors and major bourses in positive territory. China reported stronger-than-anticipated trade data on Thursday, offering a welcome relief to investors concerned about a global economic downturn. European stocks were higher on Thursday morning, amid a flurry of earnings results, while market participants anxiously wait on any signs of progress in the latest round of U.S.-China trade talks.
Many of the letters tell of how people entered schemes with no idea that HM Revenue & Customs (HMRC) considered them tax avoidance “disguised remuneration” vehicles. Most people who contacted us requested anonymity, with several saying they feared reprisal from HMRC if they identified themselves publicly. Almost every letter FT Money received spoke of the personal distress that living under the shadow of the loan charge was causing for them and their immediate family.