European stocks dive

European stocks dive

On Monday, European stock markets sank after the open, as the greenback remained on the back foot and crude prices kept moving south, applying pressure on sentiment.

Market participants also mulled headlines out of the G20 finance ministers gathering in Germany at the weekend in order to assess the overall potential impact that trade barriers could have on the global surge.

The EURO STOXX 50 declined 0.1%, France’s CAC 40 lost 0.3%, Germany’s DAX 30 went down 0.3%. Additionally, the FTSE100 edged down 0.2% in London.

Earlier, in Asia, financial markets concluded mixed, with the Shanghai Composite in China ending up about +0.4%, while Japan's Nikkei remained unavailable for a public holiday.

The greenback extended its losses to a fourth trading session, staying on track for its longest losing streak since early November in wake of the Fed’s dovish guidance on the path of rate lifts in 2017.

As for early movers, Deutsche Bank stocks slid approximately 2% in Frankfurt after the German lender reported that it was issuing 687.5 million new stocks in order to raise $8.6 billion.

Similar

FTSE 100 heads south

On Friday, British blue-chip equities went down, getting back to negative territory after American leader Donald Trump told that he was geared up towards slapping duties on some $500 billion in China’s imports, potentially boosting his administration’s…

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

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