Facebook crashed
Zuckerberg has lost 7 billion dollars as companies pull adds from Facebook. Catch the moment!
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.
Similar
Nike stock: a gap down is in focus
Lower-than-expected earnings may pull the stock down
One stock to buy right now
The last chance to catch good prices. Here’s 3 reasons why.
Latest news
Big day for USD
The US NFP will be published on August 7 at 15:30 MT time.
Main market movements on August 6
The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.
GBP is in focus
Follow the BOE monetary policy and rate statements on August 6 at 14:00 MT time…
Deposit with your local payment systems
