European stocks rally

European stocks rally

On Friday, European equities went up, breaching a five-month maximum recorded yesterday because market participants cheered upbeat signals over US-China trade negotiations and after British lawmakers underpinned a delay of a chaotic departure from the EU.

The STOXX 600 managed to surged by about 0.1%, breaking the October 5 maximum recorded on Thursday and finding itself on track for its greatest weekly leap for a month.

All the key bourses stood in positive territory. However, London's FTSE 100 managed to outperformed its peers, backed by its heavyweight mining and oil shares on higher metals as well as crude prices. As for trade-sensitive DAX, it surged by 0.1%.

The sentiment was also underpinned by strengthening hopes that the United Kingdom won’t depart from the European Union without an agreement on March 29 after Thursday night's parliamentary vote.

Technology shares turned out to be the top-notch performers, adding 0.6% after  better-than-anticipated outcomes from American chipmaker Broadcom overnight and backed by hopes that China and America are going to resolve their trade clash, which has affected financial markets.

Chinese Vice Premier Liu He had a telephone conversation with US Treasury Secretary Steven Mnuchin as well as US Trade Representative Robert Lighthizer. The both sides made further substantive progress on trade negotiations, as Xinhua informed on Friday.

The prospect of the trade negotiations taking longer than anticipated tamed some of the profits, and there was still no clarity on how close the two leading countries are to coming to a compromise.

UBS headed south by 1.3% after Switzerland's major financial institution told it’s increasing its litigation provisions to deal with a French court that imposed a hefty penalty in February.

Meanwhile, Swedbank tumbled by 1.9% because the Danske Bank moneylaundering scandal escalates.


Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

Turkey has Decreased Interest Rates, But is it a Buy?
Turkey has Decreased Interest Rates, But is it a Buy?

Turkey’s central bank governor was at a crossroads: to hold interest rates and take a risk to be fired like it was for three governors before him, or to comply with the president, to cut rates, and to risk the market. Let’s find out, how to react to the rate cut.

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

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