European equities go down as Paddy Power, PostNL losses supplant strong miners

European equities go down as Paddy Power, PostNL losses supplant strong miners

On Monday, losses from PostNL and Paddy Power Betfair definitely supplanted strong basic resources as well as energy stocks, thus suppressing European stocks, following robust profits in the previous session.

The pan-European STOXX 600 index sank 0.1% after early revenues, having faced its best trading day for three weeks on Friday because the common currency dipped, assisting dollar-earning firms to make gains.

Euro zone blue-chips reported 0.1% gains. Meanwhile, Germany's DAX stood still and UK stocks went up 0.2%.

Some market participants warned the worst of the hit of a stronger common currency on EU shares could be yet to emerge. The common currency will probably have an impact during the third quarter.

PostNL equities descended 6.4% after the Dutch postal company unveiled its full-year revenues would come in at the lower end of hopes because of regulatory changes.


Latest news

Increased Volatility is Coming
Increased Volatility is Coming

The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.

Market Crash Incoming?
Market Crash Incoming?

This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

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