European stocks stand still
On Tuesday, European stocks fluctuated between minor gains and losses in the face of a flurry of deal making as well as earnings as traders cautiously monitored developments around US-China trade negotiations.
As a matter of fact, the pan-European STOXX 600 index stood still. As for London's FTSE 100, it underperformed due to the fact traders got back from a long weekend.
Milan's FTMIB along with Madrid's IBEX 35 index surged by over 0.3%, underpinned by dealmaking activities.
UniCredit, Italy's number one financial institution told it was considering a sale of its FinecoBank unit and had come up with measures just to ensure the online broker was able to operate outside the group.
Across the region, financial institutions inched down by about 0.7% that appears to be the greatest sectoral tumble.
Spain's Cellnex told it would proceed with purchasing Iliad's mobile tower assets in Italy and France for up to 2 billion euros.
On the STOXX 600, both Illiad and Cellenex found themselves among top-notch performers.
In addition to this, Germany's biggest residential property company Vonovia managed to push the real estate sector up over 1.5% right after it had its full-year gain guidance increased.
As for France's Alstom, it managed to rally after the transport infrastructure group reported a firmer annual gain, backed by contracts and orders.
As for divers, Henkel headed south over 4% after the German consumer goods company posted a gloomy quarter of earnings as its adhesives business was affected by diving industrial output, while its beauty unit underperformed in China and western Europe.
G4S stocks went down by 2% right after Garda World Security Corp had interest in its cash solutions business dropped.
The US-China trade war escalates
More tariffs were introduced
Stocks of technological companies fell, pay attention to earnings
Yesterday, the US Justice Department announced a broad antitrust review ...
Futures head south after China data points to decelerating retail sales
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
Crypto assets decline as OECD demands global ICO regulation
On Monday, crypto assets tumbled due to the fact that the Organization for Economic Cooperation and Development drew attention to the necessity of the global regulation of initial coin offerings…
German exporters don’t care about stronger euro
German exporters demonstrate ascending optimism as for their business prospects because growing demand from other euro zone countries helps to compensate worries regarding the strengthening currency, as the Ifo economic institute told on Wednesday…
Japan's October machinery orders tack on
In October, Japanese machinery orders rebounded with a faster soar than anticipated, thus re-affirming the resilience of capital spending, which is a major driver in the Japanese economy's almost two-year expansion…