|Day's Range||13,010.54 - 13,170.05|
|52 Week Range||11,726.62 - 13,596.89|
German markets rallied significantly during the week but did give back some of the gains on Friday. This was in reaction to the tariffs being announced by the United States on Friday, but overall this market looks as if it remains bullish in general.
The German index pulled back during the trading session on Friday, reaching down towards the €13,000 level. This is an area that has been important in the past, so it’s not surprising that the sellers stopped in this general vicinity.
NEW YORK (AP) — U.S. stocks closed out a whirlwind week with a modest loss Friday as markets gauged how much to fret about the Trump administration's decision to step up the trade dispute between the world's two biggest economies.
The pan-European Euro Stoxx 600 closed down by 0.8 percent, with all major bourses and most sectors in negative territory. This followed a rally in the Thursday session fueled by news from the European Central Bank on the future of its bond-buying program. Rolls Royce led the gains, up by about 8 percent.
Investing.com – U.S. futures slumped on Friday as trade tensions between the U.S. and China escalated.The S&P 500 futures was down 11 points or 0.42% to 2,776.75 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 152 points or 0.60% to 25,058.0. Meanwhile tech heavy Nasdaq 100 futures fell 19 points or 0.26% to 7,292.25.U.S. President Donald Trump announced tariffs on $50 billion of Chinese goods, with a list of 800 products expected to revealed on Friday. It is unclear what goods will be impacted and when the tariffs will go into effect. ...
The United Kingdom’s FTSE 100 Index closed higher on Thursday and broke the two-day losing streak. Carrying forward the strength, the FTSE 100 Index opened higher on June 15 and was trading with mixed sentiment in the morning session.
Asian shares wobbled on Friday as investors braced for U.S. tariffs against China, while the euro flirted with two-week lows after a cautious European Central Bank indicated it would not raise interest rates for some time. Spreadbetters expected a slightly better tone in European equities, forecasting a higher open for Britain's FTSE, Germany's DAX and France's CAC.
The German index exploded to the upside after the EUR/USD pair fell hard on Thursday. By doing so, we have sliced through the vital €13,000 level, which for me is a very significant turn of events.
Asian stocks closed mixed on Friday. Investors were cautious ahead of U.S. tariffs on China that the White House is expected to announce on Friday. The euro was on the back foot after the ECB said it would halve its bond-buying program in the last quarter of the year.
The Nasdaq commanded the upside again and growth stocks showed strong moves on Thursday. The NYSE composite edged slightly lower and fell for a third day in a row.
MILAN/LONDON (Reuters) - European shares jumped on Thursday after the European Central Bank said interest rates would stay at record lows at least through the summer of 2019 as it announced an end to its massive stimulus plan. Stock benchmarks across Europe enjoyed their best day in 2-1/2 months as they benefited both from a weaker euro and the surprise extension of lower interest rates. The pan-European STOXX 600 (.STOXX) and the euro zone STOXX (.STOXXE) jumped 1.4 and 1.3 percent, while the exporter-heavy German index (.GDAXI) gained 1.7 percent as the euro fell to a session low following the ECB's statement.
The pan-European Stoxx 600 pushed up during afternoon deals to close 1.4 percent in the green. This followed news from the European Central Bank which outlined the future of its massive stimulus program. Aveva shares led the gains, trading in the double digits throughout the day and closing up 12 percent.
The euro suffered its biggest fall in eight months and share and bond markets rallied on Thursday, after the European Central Bank vowed not to raise euro zone interest rates before the middle of next year. The bank said it was pulling the plug on its 2.55 trillion euro stimulus programme, but after the Federal Reserve raised U.S. interest rates for the second time this year on Wednesday, the ECB rate promise came as a relief.
Asian stock markets were mixed Friday after Wall Street largely finished with gains following the European Central Bank's announcement to phase out its bond-buying stimulus. Upbeat U.S. data helped bolstered ...
Investing.com - U.S. futures were flat on Thursday as investors mulled over comments from the Federal Reserve.
The United Kingdom’s FTSE 100 Index started this week on a stronger note and lost strength as the week progressed. Following a weak performance for two days, the FTSE 100 Index opened lower on June 14 and was trading with weakness in the morning session.
The German index rallied during the day on Wednesday, as we continue to see a little bit more of a “risk on” situation unfold in the equities markets. Beyond that, we have a significant amount of support just below, so it makes sense that we could continue to go to the upside.
Asian stocks slumped Thursday after the U.S. Federal Reserve raised its key interest rate and said it would pick up the pace of future increases. South Korea's market benchmark tumbled 1.6 percent on the ...
Trading in European shares was hesitant on Wednesday as investors awaited guidance from the Federal Reserve on future U.S. interest rate rises, while Inditex rose after results and Just Eat was bruised by intensifying competition. The pan-European STOXX 600 (.STOXX) ended up 0.2 percent while Germany's DAX (.GDAXI) added 0.4 percent and Britain's FTSE 100 (.FTSE) ended flat. Inditex (ITX.MC) rose 3.5 percent after the world's biggest clothing retailer reported improved first-quarter profitability despite the dampening impact of a strong euro.
Investing.com – U.S. futures point to higher opening bell ahead of an interest rate decision by the Federal Reserve.The S&P 500 futures was up four points or 0.14% to 2,792.25 as of 6:45 AM ET (10:45 GMT) while Dow futures increased 29 points or 0.11% to 25,344.0. Meanwhile tech heavy Nasdaq 100 futures rose 19 points or 0.26% to 7,245.25.The Federal Reserve is expected to raise interest rates at 2:00 PM ET (18:00 GMT). ...
According to a report from Markit Economics, the final Eurozone manufacturing PMI has been falling gradually from its record high of 60.6 in December 2017. It was the slowest expansion in manufacturing activity since February. Major member countries of the Eurozone such as Spain, Italy, Germany (EWG), and France (EWQ) also witnessed the slower expansions in manufacturing activity in May as compared to April.
The Flat base and plunge downward are the main characteristics of the diving board pattern. The DAX30 dropped then spiked heavily reaching 12954. At this point, the retracement is underway. There are two POC zones. 12770-83 is the first POC, while 12716-42 is the POC2. We might see the bounce if the price touches the zone. For bulls, ideally, the price should stay above the Diving Board pattern trendline 12651. Targets are 12900, 12954 and 13000 at the break of W H4- 12968.