Online Forex broker
On Tuesday, European equities struggled for direction in the morning, although revenue updates from crude major BP, a host of smaller British businesses and big banking equities kept things intriguing beneath the surface.
The STOXX 600 added by 0.1%. The DAX rallied by 0.1% in Germany. The FTSE 100 ascended by 0.2% in London.
Revenue turned out to be the big focus. Market participants are waiting for reports from such business sharks as Standard Chartered, BP, and Credit Suisse.
Credit Suisse managed to tack on by 0.8% right after the Swiss lender ramped up its second-quarter revenue twice.
Standard Chartered appeared to be the biggest banking loser. It lost 3.5% after its half-year update.
Lufthansa led leisure and travel equities higher. The equities of the German airline rallied by 5% after its second-quarter operating revenue surpassed forecasts.
The stocks of French media conglomerate Vivendi managed to ascend by 4.6% after the company unveiled its results and told that it was about to sell half of its UMG music division.
Approximately 40% of the way through the revenue season as well as half of MSCI EMU businesses have surpassed experts’ expectations. Actual year-on-year revenue accounted for 8.6%.
BP's equities rallied by 0.4% after the crude major's second-quarter revenue surpassed hopes on the back of higher crude prices as well as increased output.
A number of smaller British businesses faced some big stock price moves having uncovered their outcomes. The equities of Travis Perkins inched down by 8%, thus becoming one of the worst STOXX 600 losers after the building materials supplier reduced its revenue outlook on the back of a sluggish DIY market.
Rentokil Initial and Centrica dived too after updates.
Additionally, the equities of Swiss group GAM Holding edged down over 8% right after it had its investment suspended because of an internal investigation.
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Thursday, Wall Street shrugged off early losses because a sudden dive in retail sales affected investor hopes for progress at the everlasting US-China trade negotiations in Beijing…
On Wednesday, European equities went up because upbeat mood about Washington and Beijing trade negotiations backed global markets, while data revealed that earnings surge estimates for the European Union are stabilizing after abrupt downward revisions…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
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…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
