Google Makes a Discount for Traders
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
European markets decline on German deadlock
On Tuesday, European markets headed south because a political deadlock in Germany kept weighing on investors' confidence.
The EURO STOXX 50 went down 0.10%, Germany’s DAX 30 dipped 0.09% and France’s CAC 40 sagged 0.01%.
Financial markets were jittery after on Sunday German Chancellor Angela Merkel didn’t cope with forming a government coalition, when the Free Democrats Party suddenly left the negotiation table. On Monday, Merkel told that she would opt for a new election rather than a minority government.
Financial stocks mostly gained, as French lenders BNP Paribas as well as Societe Generale tacked on 0.16% and 0.41% respectively. Besides this, Germany's Commerzbank and Deutsche Bank rallied 0.78% and 0.38% respectively.
As for peripheral lenders, Italy's Intesa Sanpaolo along with Unicredit gained respectively 0.14% and 0.30%, while Spanish banks Banco Santander and BBVA underperformed, with equities down respectively 0.07% and 0.77%.
FTSE 100 went down 0.12% in London.
Similar
What will move the market on October 18-22?
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
What to expect from Microsoft event?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Latest news
Increased Volatility is Coming
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
Market Crash Incoming?
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
What Currency Will Overperform?
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
