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On Monday, European equities started moderately higher after four consecutive weeks of revenues, with Germany's Dax hitting a fresh maximum because concerns regarding the situation in Catalonia relieved after Sunday's protest against independence.
The pan-European STOXX 600 rallied 0.2% during early trade, the Dax gained 0.3%, thus demonstrating a fresh record of 12,997 points.
Meanwhile, Spain's IBEX managed to rebound 1%, with Caixabank acquiring 2% after its board decided to move its registered office to Valencia.
A modest rebound for the British pound that has been suffering from Theresa May's inability to maintain authority over her cabinet, applied pressure on the FTSE – the UK key benchmark slid 0.1%.
Credit Agricole slumped 0.8% after its CEO stressed it was considering joining the flock of potential suitors for Commerzbank.
Additionally, in France, Airbus appeared to be the top loser, going down 1.5%.
On Friday, American futures managed to ascend because traders closely watched the beginning of the third quarter earnings season following a volatile trading week…
On Friday, European equities rebounded firmly from a steep selloff right after Asian equities demonstrated a partial revival overnight…
On Friday, Asian equities found a bit firmer footing, setting course for their first profits for two weeks, although the rout resumed in Shanghai where equities reached minimums last observed in 2014…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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