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On Tuesday, strength among commodity companies as well as banking equities, not to mention a string of solid updates underpinned European equities in early deals.
The STOXX 600 index rallied 0.3% backed by strength in mining companies and banks, while blue chips managed to earn 0.4%.
Germany's DAX leapt 0.1%, while the commodity-heavy FTSE 100 acquired 0.5%.
Dutch paints producer Akzo Nobel happened to be one of the greatest individual drags on the STOXX. Nevertheless, it dropped 1.3% as its second quarter profit ruined expectations.
Updates also put pressure on paper maker UPM, chocolate maker Lindt & Spruengli, chemicals company Croda International, as well as Domino's Pizza. Their average losses ranged 3-6.5%.
Although it’s still early days for the EU second quarter earnings season as just 20% of companies have provided updates, more than half of them have surpassed experts’ expectations, as Thomson Reuters data states.
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Thursday, Wall Street shrugged off early losses because a sudden dive in retail sales affected investor hopes for progress at the everlasting US-China trade negotiations in Beijing…
On Wednesday, European equities went up because upbeat mood about Washington and Beijing trade negotiations backed global markets, while data revealed that earnings surge estimates for the European Union are stabilizing after abrupt downward revisions…
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…
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