|Day's Range||11,256.27 - 11,318.00|
|52 Week Range||10,279.20 - 13,204.31|
CNBC’s Karen Tso outlines how European stocks are performing at the beginning of Monday’s trading session.
European stocks edged lower 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.
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.
Risk appetite delivers early moves across the riskier asset classes. With a light economic calendar, vehicle sales out of China will be of interest.
Trade talks delivered strong gains across the European and U.S equity markets last week. What’s on the horizon for the DAX and EUR?
Reports of progress in U.S.-China trade negotiations and hopes of a new scheme to support euro zone banks drove a strong rally in European stocks, which posted their best week since November and reclaimed three-month highs. The trade-sensitive German index jumped 1.9 percent while the STOXX 600 rallied 1.4 percent on the day and made a weekly gain of 3 percent. Chinese state news agency Xinhua reported China and the United States had reached a consensus in principle on some key issues during trade talks in Beijing.
DAX to open subdued on cues from international markets but outcome at end of the day is likely to be decided by headlines driven momentum.
Weak inflation data from China sent European stocks slipping further on Friday, with car shares and Germany's DAX the worst hit. The German index, the most sensitive to China due to its large share of exporters, fell 0.6 percent with car manufacturers BMW, Daimler, and Volkswagen (VOWG-p.DE) leading losses. Europe's STOXX 600 managed, barely, to hover flat as gains in telecoms and industrials helped offset the China strain.
Asian stocks fell on Friday, retreating from four-month highs after data out of China raised concerns over deflationary pressures building in the world's second biggest economy. The bearish impulse appeared likely to be passed on to European stocks, with spreadbetters expecting Britain's FTSE to open 0.1 percent lower, Germany's DAX 0.3 percent down and France's CAC 0.2 percent down. Data released on Friday showed China's factory-gate inflation slowed for a seventh straight month in January to its weakest pace since September 2016 amid cooling domestic demand.
Investing.com -- Europe’s stock markets are edging higher Friday, on course for what would be their sixth weekly gain in the last seven weeks, but you wouldn’t guess it from the news flow.
Dax to trade range bound as investor sentiment is divided in the market owing to ongoing Sino-U.S. trade talks.
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.
Strong fundamental support on hopes of rate hike by ECB and sino-u.s. trade talk optimism underpins market bulls supporting positive price action in DAX
Asian stocks reached a more than four-month high on Wednesday, lifted by optimism that the United States and China might be able to hammer out a deal to resolve their nearly year-long trade dispute. China's Shanghai Composite and blue-chip CSI 300 were both up around 2 percent to multi-month highs, with IT shares leading the gains on Beijing's promise to push for core technology and innovation. Asia took its cue from Wall Street, where the Dow and Nasdaq each rallied about 1.5 percent overnight on optimism over U.S.-China trade negotiations and a tentative U.S. congressional spending deal to avert another partial government shutdown.
The pan-European Stoxx-600 was up around 0.3 percent during mid-morning deals, with most sectors and major bourses in positive territory. On the data front, British inflation fell to a two-year low in January, slipping below the Bank of England's target in the process. President Donald Trump said on Tuesday that he could be tempted to push back the March 1 deadline for reaching a trade agreement with China if the two sides were close a deal.
Investing.com -- Stock markets in Europe are following the U.S. and Asia higher after comments from U.S. President Donald Trump gave cause for optimism on two grounds.
World shares and bond yields rode a renewed surge in risk appetite on Tuesday as investors turned optimistic about U.S.-China trade talks and cheered Washington's deal to avoid another government shutdown. "We have had two bits of relatively good news overnight - optimism about the U.S. shutdown not resuming and optimism about a trade deal," said Societe Generale strategist Kit Juckes.
Global stocks trade firmly higher as investors cheer positive signals from U.S.-China trade talks and a tentative deal to avoid a second U.S. government shutdown. Global oil prices edge higher, but remain range-bound amid the offsetting influence of record U.S. production, OPEC cuts and slowing global growth. U.S. equity futures suggest a triple digit gain for the Dow ahead of earnings from Activision Blizzard, Under Armour and Molson Coors.
World shares and bond yields rode a renewed surge in risk appetite on Tuesday, as investors were optimistic about U.S.-China trade talks and cheered Washington's deal to avoid another government shutdown.
Asian shares gained on Tuesday as investors hoped a new round of U.S.-China trade talks would help to resolve a dispute that has dented global growth and some corporate earnings. Market sentiment also got a boost on news U.S. lawmakers had reached a tentative deal on border security funding that could help avert another partial government shutdown due to start on Saturday. Spreadbetters expected European stocks to track Asia and open higher, with Britain's FTSE gaining 0.25 percent and Germany's DAX and France's CAC each adding 0.5 percent.