European equities head north

European equities head north

On Friday, European stocks tacked on, underpinned by revenues in the insurance sector reacting to an update from German heavyweight Allianz.

The STOXX 600 managed to gain 0.2% because stronger financial as well as materials equities assisted the pan-European index to bounce back having faced its greatest one-day tumble since the end of June in the previous session.

Allianz turned to be the greatest single boost to the STOXX, adding 1.3% and pushing Europe's insurance index SXIP up about 0.7%.

The German insurance company reported a 17% sag in net revenue and provided a bit less optimistic outlook for full year profits because a spate of natural catastrophes put pressure.

Market participants told that outcomes at Allianz that also unveiled a 2 billion euro share buyback initiative appeared to be in line with hopes.

Its revenues pushed the euro STOXX 50 0.2% up. However, the euro zone blue chip index found itself on track to report a weekly decline following 10 straight weeks of revenues.


American equities are mixed

On Tuesday, American equities pointed to a lower start because a Facebook privacy leak drove fears over ramped up regulation…


Japan real wages surge is slowest in almost two years

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…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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