LIVE FOREX CHART >>

 


Author Topic: EU equities rally  (Read 99 times)

FXshooting

  • Administrator
  • Hero Member
  • *****
  • Posts: 1785
    • View Profile
EU equities rally
« on: September 17, 2018, 11:12:15 pm »
EU equities rally

On Monday, EU key equity benchmark concluded a bit higher because fresh US-China trade fears put pressure on investors’ appetite for equities.

The Stoxx Europe 600 SXXP surged by 0.1% trading at 378.31 following Friday’s 0.2% ascend as well as a 1% leap the previous week.

The DAX 30 DAX concluded 0.2% up being worth 12,096.41 in Germany. The CAC 40 PX1 dived by 0.1% in France demonstrating an outcome of 5,348.87. The FTSE 100 UKX dived by 0.1% in Great Britain showing 7,302.10. Additionally, the FTSE MIB I945 gained 1.1% in Italy hitting 21,111.40, thus marking the best daily profit for a week.

The currency pair EUR/USD hit $1.1673, adding from Friday’s outcome of $1.1622. The currency pair GBP/USD soared to $1.3128 jumping from $1.3068.

On Monday, trade tensions resumed because China is about to turn down fresh American trade negotiations if US leader proceeds with $200 billion in levies versus China’s goods.

The UK currency rallied because talks between Brussels and Great Britain are in focus. The first of three summits is going to be held on Thursday in the face of hopes for progress on the Irish-border Brexit issue. A stronger UK currency is capable of putting pressure on the FTSE 100 because the index’s multinational businesses generate most of their sales in other assets.

The equities of Stoxx 600 heavyweight H&M Hennes & Mauritz AB HMB managed to add 16.6% because the company reported forecast-surpassing sales for the third quarter.

ArGEN-X SE ARGX concluded 0.5% down, having ascended by 4% right the biotech company cape up with upbeat outcomes for a treatment to help folks suffering from autoimmune disorders. Market experts at Stifel had told the news should have the company de-risked.

Besides this, business software group SAP SE SAP turned out to be a top loser for the Stoxx 600 as well as the German DAX 30 index losing 1.3%.


Ref. FBS

Share on Facebook Share on Twitter


 







Pay For Premium Forex Signals FXSHOOTING

Payment Premium Signals

 



NEWS & ANALYSIS VIDEO



 










InstaForex



   


Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Trading or investing in cryptocurrencies carries with it potential risks. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Cryptocurrencies are not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument or cryptocurrencies you should carefully consider your investment objectives, level of experience, and risk appetite. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), Forex and cryptocurrencies prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.