|Day's Range||18,840.22 - 19,133.58|
|52 Week Range||18,840.22 - 23,890.20|
Geo-politics will remain center stage with Britain and Italy heading to their final showdowns, while trade talk chatter will also influence.
With Italy frequently dominating the headlines in the recent weeks, it’s a good idea to take a macro look at the Eurozone: its origins, some aspects of its structure, and what dangers it might face in the near future.
Based on the Euro’s recent weakness, it looks as if investors are betting that Italy’s budget will fall short of the European Union’s expectations. If this occurs then the EU can send the budget back to Rome with the request for further revisions. However, it also has the option to work with the Italian government to overcome its obstacles.
European stocks end sharply lower Monday as investors wrestle with the latest developments tied to Italy’s contentious budget plan and Britain’s negotiation’s to strike a trade pact, as that country’s leaders plot to leave the European Union.
The US dollar rose to new near 16-month high on last week’s bullish news. European markets moved lower as selling in the tech-sector intensifies. Traders wary of global oil supply.
It’s a busy week ahead, with key stats to drive the majors along with geo-political risk, with Italy, Brexit and the U.S – China trade war in focus.
European stocks end Friday’s session slightly weaker, but manage to eke out a gain for the week, amid global growth jitters, a hawkish Federal Reserve and earnings disappointments in some big corporations.
European stocks end Thursday slightly higher after a mixed trading session, supported by banks such as Commerzbank AG and Société Générale SA, which climb after well-received earnings reports.
The post-election rally stalled in early trading as market participants focus on today’s FOMC policy announcement. Chinese indices slipped on weaker than expected trade surplus data.
The FOMC is meeting today and expected to announce their policy statement Thursday afternoon. European equities indices were up strongly at midday as US election results remove an element of political uncertainty from capital markets.
Europe’s main stock benchmark is under pressure on Tuesday, finishing the session in the red, as investors battled political worries across three regions, with the outcome of U.S. midterm elections front and center for investors.
European stocks close lower Monday, with a decline shares of technology shares and banks overshadowing gains in the oil-and-gas sector.
It’s a big week ahead, with earnings, economic data, trade talk, the FED, Brexit, the mid-terms and more to drive the markets.
European equity benchmarks close higher Monday, led by one of the best daily gains for Germany’s bourse in nearly eight weeks as Chancellor Angela Merkel said she would step down.
It’s a big week ahead, with the BoE and BoJ delivering on Policy, Italy working out its budget plans, with NFP and wage growth numbers out of the U.S.
Stock indexes across Europe fall Friday as renewed aversion to assets considered risky, like stocks, took hold of investors who have been rattled by lingering concerns about the health of the global economy.
EUROPE MARKETS The pan-European stock-market index registered its first gain in the past seven session Thursday, as the mood for global stocks improved amid a partial rebound in U.S. markets following an unsettling rout.
US Futures point to a higher open on strong earnings reports. No surprises from the European Central Bank. Asian markets continued the big sell-off.
Italy’s budget battle with the European Union means it won’t be business-as-usual for European Central Bank President Mario Draghi when he holds a news conference Thursday following a meeting of monetary policy makers.
Most European stock benchmarks on Wednesday closed in the red, led by losses in Italy and Germany, with that index pressured lower by shares of Deutsche Bank AG closing at a fresh all-time.
Europe’s main stock gauge close sharply lower on Tuesday, after China stocks sold off, sparking losses across global markets. The European Commission, as expected, asked the Italian government to rework its budget, adding a layer of worry.
Global stocks continue to fall on Tuesday. Asian markets were down the most and the European markets were down an average -1.0% to -2.0% at mid-day. VIX, the fear index jumps more than 20%.
Global stock markets trade lower on Tuesday morning as the Chinese rally fades and on increased geopolitical tensions.
European stocks close modestly lower Monday in trading reflective of a new period of volatility as investors remain nervous about budget wrangling between Italy and the European Union and Britain’s efforts to leave that trade bloc.
A busy week ahead sees the BoC and ECB in action, with the Saudis joining China on the hit list and then there’s Brexit and Italy to consider.