European equities start higher

European equities start higher

On Monday, European equities started higher because a wave of optimism as for the resilience of the world economy spread across financial markets notwithstanding the escalating US-China trade conflict as well as a new Brexit downtime within the UK authorities.

The STOXX 600 index managed to gain up to 0.6%, the British blue chip index FTSE 100 soared 0.3% with revenues across sectors and bourses.

Upbeat job data in America on Friday managed to reassure traders who have yet to observe a tangible deceleration because of the implementation of higher trade barriers.

Data uncovered on Monday also disclosed that in May, German exports bounced off providing more evidence of the strengthening economy in the second quarter.

In the United Kingdom, some market participants took the view that the resignation of Brexit minister David Davis could potentially assist in delivering a softer way out of the European bloc.

Global miner BHP Billiton turned out to be a key mover on the UK stock market, soaring by 2.1% on rumors that BP could have its American shale assets purchased. BP went down by 1.1%.

In the European Union, Air France KLM happened to be one of the top-notch performers. It managed to soar up to 7% having reported higher passenger traffic for June. At the same time, a leading French transport executive was promoted as its probable new chief executive.

In addition to this, Oslo-listed seismic surveyor TGS-Nopec appeared to be a notable performer too, soaring about 7.6% having uncovered a better than anticipated outlook.

Besides this, equities in French car maker Renault headed south about 2.3%, heavily suppressed by a sink in the stock price of Nissan, its partner, after the Japanese company told it would come up with an explanation as for its emissions measurement processes.

 

Similar

Wall Street is intact

On Wednesday, Wall Street's key indexes stood still because a Qualcomm-led soar in chipmakers was compensated by a dive in healthcare shares for the second straight trading marathon, although quarterly gains came in largely positive…

Latest news

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