|Day's range||13,083.23 - 13,121.07|
|52-week range||11,267.03 - 13,525.56|
European stocks slipped Thursday, as investors prepared to receive a policy decision from the European Central Bank and hear what policy makers may signal about interest rates moving forward.
HONG KONG (AP) — Asian stocks were mixed on Thursday after the Fed raised rates again, meeting investor expectations but providing few surprises.
European stocks pulled back from a five-week high Wednesday, with Italian stocks losing the most as the country begins to gear up for a national election next year.
European stock markets are mostly down, after a largely positive session in Asia. Japan underperformed as the yen strengthened amid a wider dip in the dollar, amid fresh concerns about Trump’s legislative agenda following the Democrats’ victory in Alabama and this also weighed on European markets, leaving the DAX down along with the Euro Stoxx 50. The FTSE 100 outperformed slightly as weaker than expected unemployment numbers knocked sterling down from highs, the IBEX, which was hit by the government’s sale of a 7% stake in Bankia Tuesday bounced back, while Italy’s MIB underperformed in tandem with BTPs amid reports of a general election in early March next year.
German markets pulled back initially during the trading session on Tuesday, but filled the gap that formed several days ago, and then started to rally again. This is a technically bullish sign, and therefore I am a buyer.
BEIJING (AP) — Asian stocks were mixed Wednesday following overnight gains on Wall Street as investors looked ahead to a likely U.S. interest rate hike.
European stocks close in the green Tuesday, with smart-card maker Gemalto NV and retail giant Steinhoff Holdings NV scoring notable gains.
European stock markets are higher on Tuesday, but have had difficulty gaining traction as weak German sentiment weighed on the DAX. European yields are moving higher, led by Gilts, after stronger than expected inflation data and as the FTSE 100 moved higher. The unexpected jump in U.K. CPI added to pressure on Gilts, while a slightly weaker than anticipated German ZEW reading supported Bund outperformance, especially as the DAX also struggled as the EUR advanced against dollar and pound.
U.S stock markets gained on Monday, but early trading in Asia today has become cautious as central bank pronouncements from the Fed, ECB, and BoE approach. Important inflation data will come from the States and U.K today. The U.S will see the Producer Price Index.
The German index gapped higher at the open on Friday, went much higher, and then pulled back to fill that gap again on Monday.
TOKYO (AP) — Shares were mostly lower in Asia on Tuesday as investors stepped back after several days of advances, erasing early gains. Markets are awaiting the Federal Reserve meeting on Wednesday and the outcome of a major Chinese planning conference.
Short-dated yields rise on Monday ahead of a midweek Federal Reserve meeting that is likely to result in the central bank’s third, and final, interest-rate increase of 2017, while Janet Yellen’s last news ...
Washington politics will stay in focus as politicians try to agree to a tax reform package. The Federal Reserve is expected to increase their interest rate on Wednesday. Tomorrow Consumer Price Index data will come from Britain. Asian markets have gained today via stocks.
At 3:30 AM EST, the DAX Index was trading at 13,177.50—a gain of 1.8%. The iShares MSCI Germany (EWG) rose 0.36% on December 8.
Switzerland’s stocks are changing hands below their typical premium, the Swiss franc appears poised to slide further against the euro, and earnings growth looks good.
German index participants initially sold off during the week, but found reasons enough to go long as we get closer to Friday.
European stocks scored their highest close in a month Friday, with bank stocks in rally mode after European Union leaders said they’re set to move ahead with the next phase of Brexit talks with U.K. officials....