EU equities are backed by trade war optimism

EU equities are backed by trade war optimism

On Tuesday, European equities started higher due to the fact that a new whiff of optimism over the China-U.S. trade clash backed market sentiment after a burst of political risk as well as fears about global surge affected world markets during the previous trading session.

The Euro zone STOXXE index ascended by 0.7%. Besides this, the most sensitive to China due to its big exporters, the DAX index managed to head north by 0.8% in Germany.

Previously, Asian equities got a bounce following reports that American and Chinese trade officials had a telephone conversation. That’s an indication that discussions between the world's leading economies resumed notwithstanding the recent arrest of Huawei's CFO.

Some experts pointed out that while they consider this sign to be a positively crucial in the broader context, but a trade conflict is far from over. So, it should be regarded as just a preliminary step in what should be a long and tough road.

In France, the CAC 40 index gained 0.8% because French leader Emmanuel Macron promised to lift the minimum wage and reduce taxes for the purpose of preventing more violent protests, which have rocked the euro zone's number two economy.

The FTSE 100 surged by 0.5% in Great Britain, with the UK currency stabilizing after Monday's Brexit-related tumble to a 20-month minimum after UK Prime Minister Theresa May delayed a decisive vote on how the United Kingdom will depart from the European bloc.

Among top gainers was UK advertising giant WPP. It managed to rally by up to 4.9% having announced its plans to spend about 300 million pounds and reduce 2,500 jobs, which is part of new boss Mark Read's initiative to return the world's biggest advertising group to surge.

Equities in Ashtead went up by 6.4% because the equipment rental company told it expected full-year outcomes ahead of expectations.




Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

Gold Rises as Central Banks Buy More
Gold Rises as Central Banks Buy More

About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.

US Evades Default This Time
US Evades Default This Time

Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!

USD Gains Momentum
USD Gains Momentum

The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera