European equities conclude up

European equities conclude up

On Tuesday, European stocks concluded up, the Stoxx Europe 600 index tacked on to a 3-month maximum.

As a result of yesterday's trading, EU stock indexes tacked on because of several strong financial reports of companies and also due to corporate transactions. The weakening of the common currency after the publication of the downbeat statistical data from Germany also backed the markets, driving the stock quotes of exporters.

However, the French stock index concluded trading with a weaker soar than other major indicators because of the dive in the value of equities of Air-France-KLM.

The UK exchanges were unavailable yesterday because of the first May bank holiday.

The index of the leading enterprises of the Stoxx Europe 600 region gained 0.6% hitting 389.51, which appears to be the highest value since February 1, 2018.

The French CAC 40 index tacked on by 0.3%, Germany's DAX acquired 1%, while the Spanish IBEX 35 as well as the Italian FTSE MIB soared respectively 0.4% and 0.9%.

According to the Ministry of Economy of Germany, in March the volume of orders of industrial enterprises in this European country dived by 0.9% versus the previous month and soared by 3.1% in annual terms. Market experts had generally hoped for a soar of 0.5% in the monthly and also 5% in annual terms.

Against this background, the common currency has dived 0.2% versus the evergreen buck.

Yesterday, stock markets were underpinned by a soar in crude prices, provoked by worries of a probable US withdrawal from the agreement on Iran's nuclear program.

Equities in the Norwegian Statoil rallied 1.6%, Eni acquired 1.9%, while French Total SA managed to ascend by 0.8%.

Meanwhile, capitalization of the insurer Allianz SE tacked on 0.7% on news that the company is going to sells an 8.4% stake in Portuguese Banko BPI to Spanish CaixaBank for 178 million euros.



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

News for The Week
News for The Week

US stock markets started falling, while the US dollar is rising. What to expect from

Fed’s Rate Pause and UK Inflation Slows
Fed’s Rate Pause and UK Inflation Slows

Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.

Deposit with your local payment systems

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!

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