^GDAXI - DAX PERFORMANCE-INDEX
| Previous Close | 12,457.70 |
| Open | 12,462.57 |
| Volume | 0 |
| Day's Range | 12,418.50 - 12,490.84 |
| 52 Week Range | 10,279.20 - 12,656.05 |
| Avg. Volume | 88,508,501 |
- FX Empire
European Equities – Weekly Review – 21/09/19
It was a busy week for the markets, with geopolitical risk, monetary policy, and economic data providing direction over the week.
- FX Empire
Global Markets Are Cautious, Trade Talks Yield Mixed Results, No Deal Expected Soon
Global markets are mixed following a confusing series of events on the trade front.
- Bloomberg
Strategists Play Spoilsport Just as Europe Stock Rally Heats Up
(Bloomberg) -- European stocks have been on a tear over the past month, signaling investor optimism returning to the market. Not so fast, say strategists.They predict losses of more than 4% in both the Stoxx Europe 600 Index and the Euro Stoxx 50 Index of the region’s biggest companies by the end of the year, according to the average response in a Bloomberg poll. European equities have rebounded strongly since mid-August as trade war tensions eased and the region’s central bank boosted stimulus, with the Stoxx 600 within reach of a one-year high reached in July.They may give up some of those gains in the coming months, if the forecasts prove correct. The Stoxx 600 will close out the year at a level of 374, or 4.4% below Thursday’s close, and the Euro Stoxx 50 will end 2019 at 3,391, implying a 4.5% drop, according to the average prediction in a Bloomberg poll of strategists.While some risks have receded, others linger. The economic backdrop, particularly in Europe, remains a cause for concern. Domestic demand is weakening in Germany, with global trade tensions and Brexit uncertainty also weighing on Europe’s largest economy, the country’s finance ministry said on Thursday. And the OECD this week lowered its global growth forecast and warned that a no-deal exit from the European Union would push the U.K. into a recession.For the U.K.’s FTSE 100 Index, which has lagged European peers this year under a Brexit cloud, there may be more woes in store. Strategists on average see the gauge dropping to 7,114 by end-2019, or a 3.3% decline from Thursday’s close. Germany’s DAX Index will fall to 11,936, 4.2% below its last close, the poll shows.To view strategists’ forecasts on the Stoxx 600 and the Euro Stoxx 50, click hereFor predictions on the DAX, click here, and here for those on the FTSE 100To contact the reporter on this story: Namitha Jagadeesh in London at njagadeesh@bloomberg.netTo contact the editors responsible for this story: Blaise Robinson at brobinson58@bloomberg.net, John ViljoenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- MarketWatch
European stocks edge higher as U.S.-China trade talks resume but investors remain wary
European stocks edged higher on Friday as markets looked set for calm at the end of an eventful week.
- FX Empire
European Equities: Consumer Confidence and Geopolitics in Focus
The futures are pointing to a mixed start to the day for the majors. Eurozone consumer confidence and Brexit will be likely drivers on the day.
- FX Empire
FOMC Disappoints Market, Central Banks Eye Trade, U.S. Data Comes In Strong
Global markets are cautious following a round of less dovish than expected central bank meetings.
- MarketWatch
Banks pace European stock market rise
Banks led European stock markets higher on Thursday, as central banks across the globe loosen monetary policy while making it easier for lenders to obtain short-term financing.
- FX Empire
European Equities: Futures Point to a Positive Start in Response to the FED
Futures point to a positive start to the day as the FED delivers on a rate cut and talk of more down the road should the need arise.
- FX Empire
Global Markets Are Mixed, FOMC Decision At Hand, U.S. Housing Data Gives Big Surprise
Global markets are mixed while traders wait on the latest FOMC rate decision. Stronger than expected housing starts and building permits data does not bode well for the Doves.
- FX Empire
European Equities: A Light Economic Calendar Puts the FED Front and Center
The futures are pointing to another day in the red as the markets look ahead to the FOMC monetary policy decision due out after the European close.
- FX Empire
Global Markets Mixed, Energy Prices Threaten Global Expansion, FOMC Meeting Starts Today
Global markets are mixed on rising oil prices and FOMC uncertainty.
- MarketWatch
European stocks flounder as traders look to Saudi Arabia and Fed for direction
European stocks on Tuesday floundered for direction, though oil producers remained well bid as oil futures held onto a lion’s share of the advance after the attack in Saudi Arabia.
- Investing.com
NewsBreak: German ZEW Index Rises More Than Expected to -22.5
Investing.com -- Germany's ZEW economic sentiment index, the first major confidence indicator of the month in Europe, rose to -22.5 in September from a seven-year low of -44.1 in August, amid signs of progress in the U.S.-China trade dispute and the European Central Bank's monetary policy easing package last week.
- Investing.com
NewsBreak: European Stocks Open Lower as Oil Fears Persist
Investing.com -- European stock markets opened lower Tuesday as concerns over the spike in oil prices continued to weigh on markets. Asian stocks had also weakened overnight, after the U.S. reportedly shared intelligence with Saudi Arabia showing that Iran was responsible for the weekend attack on its oil facilities. Saudi Arabia hasn't yet joined the U.S. in publicly blaming Iran, something that could raise the likelihood of a coordinated response against the Islamic Republic.
- FX Empire
European Equities: Tensions in the Middle East to Limit any Early Rebound
Uncertainty over how the U.S will respond to the strike on Saudi oil fields will test the majors early. There’s also Brexit to factor in…
- FX Empire
Oil Prices Spike More Than 10%, Equities Move Lower, The FOMC Meets This Week
Global stocks fall after energy prices spike more than 10% raising fears of further slowing in the global economy.
- TheStreet.com
Dow Futures Retreat, Global Stocks Fall After Saudi Oil Attacks, Weak China Data
Global stocks traded notably lower Monday, while oil prices surged the most in more than two decades, as an attack on two key Saudi Arabian oil facilities, as well as the weakest industrial output data from China in many years, hammered equity market sentiment.
- FX Empire
European Equities: Geopolitics Likely to Test the Majors Today
Geopolitical risk returns as the markets respond to the attacks on Saudi oil fields. With economic data on the lighter side, Brexit will also be in focus.
- FX Empire
The Week Ahead – Brexit, the BoE and the FED are in Focus
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.
- FX Empire
European Equities: A Week in Review
It was a bit week for the European majors, with the DAX leading the way. Monetary policy and trade drove autos and banks in particular.
- FX Empire
New Records For U.S. Indices In Sight, Cautious Markets Rise On Trade Hope, Retail Sales Are Hot
Global markets rise on trade hopes but new records for the indices and a trade deal may be elusive.
- Reuters
GLOBAL MARKETS-Asia shares at 6-week high on trade progress, ECB easing
TOKYO/HONG KONG, Sept 13 (Reuters) - Asian stocks climbed to their highest in six weeks on Friday, as signs of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped to calm fears of a global economic slowdown. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.5% to their highest since Aug. 1, while Japan's Nikkei rose more than 1.0% to four-month highs. Markets in mainland China and South Korea were closed for public holidays.
