EU stocks head north

EU stocks head north

On Monday, European equities rallied because signs of a receding US-China trade clash spurred mining as well as technology equities.

Miners backed the market. The basic resources sector SXPP tacked on by 0.3%, while construction and materials SXOP soared by 0.4%.

Besides this, London copper rallied after US leader told that he might not slap more deities on Chinese products, although profits were capped in the face of tensions between the two leading economies at a regional AEPC summit.

The European STOXX 600 started up 0.6%, although flagged quickly to rally by 0.2% following three losing marathons in a row.

The DAX headed south in Germany, while the CAC 40 stood still in France because Renault equities affected the index.

Renault equities slumped by 15%, thus becoming the biggest STOXX 600 diver.

The French carmaker's equities were braced for their worst day since the Brexit vote. What’s more, they demonstrated their lowest value since October 28 2014.

Besides this, the automotive sector SXAP went down by 0.4% because Renault single-handedly suppressed the index.

The FTSE MIB managed to rally by 0.8% in Italy, with its banking stocks index soaring by 1.5% due to the fact Italy's government bond gains slumped.

Telecom Italia equities ascended by 3.5% after Italy's number one telecoms company uncovered that Luigi Gubitosi would be its new CEO.

Chipmaker stocks STMicro, Siltronic, and AMS, highly sensitive to trade clashes, appeared to be among top performers, adding 4.1%-6.3%.

The profits were helping the sector to regain some of the ground lost the previous week after a bunch of profit warnings ahead of the important holiday season.

Novo Nordisk equities rallied by up to 2.5% after JP Morgan had the pharmaceuticals firm upgraded to "overweight".

In addition to this, Salvatore Ferragamo equities dived by 3.3%.


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

FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

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