Key European indexes go down

Key European indexes go down

On Monday, European stock indices weakened a bit, market participants focused on the Italian political situation, US-China trade relations as well as diving crude prices.

The European index Stoxx 600 headed south by about 0.17%, while sectors and large exchanges moved in opposite directions.

Shares of the crude and gas sector found themselves in red because crude prices drifted away from their multi-year maximums. Brent slumped by 0.3%, hitting $76.91, while WTI reported a 0.2% slump, being worth $70.53. The prices were previously backed by news that the United States is going to withdraw from the nuclear agreement with Iran. However, on Monday market participants didn’t hurry with purchases before the release of the monthly report on the crude market of OPEC.

At the same time, health sector equities inched up 0.6%, reviving from a recession the previous week after President Donald Trump uncovered plans to lower the prices of prescription drugs.

Iwg managed to soar to the top of the European index, adding 20%, after three different companies announced their interest in buying the company. Portuguese energy company EDP also added by nearly 12% after the Chinese group Three Gorges filed an application for takeover. On the other hand, Lundbergs collapsed by about 50%, Victrex dived by 4.7%. The latter posted higher subsidized income, but warned of difficulties with fixed income in 2019.

In Europe, the focus was on the situation in Italy. In this European country two opposition parties the "Five Star Movement" and the extreme right-wing "League of the North" came to an agreement on the formation of the government. They called on Italian President Sergio Matarella to present the outcomes of their talks. If the president approves their deal, then the repeat of the March elections will no longer be required.


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

The US Dollar Is Correcting
The US Dollar Is Correcting

Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?

Bearish Signal For The USD
Bearish Signal For The USD

XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!

Deposit with your local payment systems

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!

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