UK equities generally jump
On Friday, the British stock market was seen concluding the trading marathon up…
Tech sector suppresses European equities on busy earnings day
On Friday, European stocks were led lower by tech equities because they tracked losses among global counterparts, reacting to an earning miss at Amazon. Meanwhile, a flurry of company results didn’t managed to ensure support.
The region's tech index, this year’s number one performer, lost 1.5%, assisting to put pressure on the pan-European STOXX 600, making it lose 1.1%. In the UK the FTSE 100 sank 0.5%, while lately penalized by a strong euro export-orientated German blue-chips went down 0.7%.
The STOXX is braced for concluding the month down 0.3%, with a weekly 0.5% dip.
France’ data disclosed that the euro zone's second-largest economy inched up 0.5%, just as expected, underpinned by a soar in exports.
As Thomson Reuters IBES data states, nearly 40% of companies in the MSCI Europe index have posted outcomes with 52%, thus defying earnings estimates. As for second-quarter earnings surge, it will probably account for 19.7%.
Similar
Asia-Pacific stocks are mixed
On Friday, Asia-Pacific stock indices were quite mixed amid cautious trading after US President Donald Trump dared to cancel the highly anticipated summit with North Korean leader Kim Jong-no and also accused North Korea of showing great anger as well…
American equities are seen tumbling
On Thursday, the American stock market dived at the beginning of the trading session amid news that US President Donald Trump canceled a scheduled meeting with North Korean leader Kim Jong-no…
Popular
America will probe German and Japanese car makers over alleged patent violations
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
Gold edges down toward 3-week minimum after Congress hits spending deal
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
Crude edges down in Asia on Caixin PMI
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
Deposit with your local payment systems
