European equities keep to maximums as Spanish sell-off relives

European equities keep to maximums as Spanish sell-off relives

On Tuesday, European equities hovered around three-month maximums because a sell-off in Spanish shares relieved and financials managed to gain reacting to another record-breaking session on Wall Street.

The STOXX 600 index didn’t change, while Spain's blue chip index acquired 0.1% because Madrid and Catalonia carefully assessed their next steps after Sunday's independence referendum, which has been declared illegal by the Spanish government.

Catalonia's secessionist leader dared to call for international mediation. On the contrary, Spanish Prime Minister Mariano Rajoy told he was looking for a joint response to this issue having met leaders of other political parties.

Catalonia-based banks Sabadell as well as Caixa gained respectively 0.3% and 1.5%, having both been affected hard by concerns surrounding the worst constitutional crisis in Spain for decades.

Spanish utility Iberdrola went down 1.5% after JP Morgan had the stock downgraded to neutral, telling that political uncertainty in the euro zone country contributed to a list of headwinds, although its Catalan assets turn to be relatively small.


Asian equities take a time out

On Tuesday, Asian equities took a tiny step back after three straight trading winning sessions, with financial markets consolidating hoping that an upswing in global surge could outlast a probable hike in American borrowing costs this week…


Bank of Canada Meeting

The Bank of Canada will publish its rate statement at 17:00 MT time on December 6…

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

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