On Monday, escalating US-Chinese trade tensions impacted European equities due to the fact that market participants fled risk at the beginning of a highly uncertain week, with the UK’s parliamentary vote on Brexit looming too as well as chemicals shares…
Banks and miners lift EU stocks
On Tuesday, European stocks demonstrated moderate revenues for a second session because strength among miners and banks suddenly offered a helping hand.
The STOXX 600 managed to gain 0.3%, which is in line with euro zone stocks as well as blue chips.
Basic resources stocks underpinned the index, gaining 1%, with Anglo American becoming the top notch FTSE gainer.
Marks & Spencer posted a soar in full-price sales, while its stocks dived 0.6%, on the back of dipping food sales. Counterparts Tesco along with Morrisons jumped more than 1%.
Construction equipment company Travis Perkins derived certain benefits from an upbeat update from peer Galliford Try, which reported full-year revenue at the top end of guidance.
Aside from that, broker notes also bolstered some moves, with top gainers represented by semiconductor producers STMicro and AMS after JP Morgan updated the Italian semiconductor producer to 'overweight'.
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…