European equities slide as euro keeps weighing

European equities slide as euro keeps weighing

On Friday, European stocks went down because a fresh flow of corporate earnings didn’t manage to change the overall mood of the previous trading session, suppressed by the European Central Bank's policy gathering that pushed the common currency close to a two-year peak.

The STOXX 600 was 0.1% lower, extending the previous session’s losses because the common currency applied pressure on exporters.

All key European bourses sank moderately, though a number of blue chips found themselves in the black due to upbeat updates.

Vodafone, the world's number two mobile operator, posted better-than-expected profit ascend in its first quarter. The company’s revenue extended 2.3%.

Meanwhile, Philips Lighting, the world's largest producer of lights, edged down 7.6% after posting its second-quarter outcome.

French car parts producer Valeo lost 3.9%.

Deal-making also brought some huge profits, with payments company Paysafe ascending 8.6% having received a bid from Blackstone as well as CVC Capital Partners.

Similar

Asian stock markets edge up

On Wednesday, stock indices in the countries of the Asia-Pacific region traded in the green zone on expectations of a positive reporting season as well as optimistic geopolitical signals…

Popular

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…

Deposit with your local payment systems

Callback

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