|Day's Range||7,437.87 - 7,475.91|
|52 Week Range||6,536.50 - 7,903.50|
The Greenback found support in a week where the Aussie and Kiwi Dollar hit red and economic data out of the Eurozone and China diverged.
According to the average response in a Bloomberg poll, the Stoxx Europe 600 Index is likely to fall 8.9 percent from Wednesday’s close, to 355 points, by the end of 2019. The Euro Stoxx 50 Index, home of the euro-area’s biggest companies, is seen retreating 6.4 percent from current levels, to 3,255, the survey shows. The region’s equities are being torn between conflicting signals: optimism over global growth has helped boost the value of the Stoxx 600 by about $1.7 trillion from its December lows, while outflows from European equity funds continue almost non-stop.
In a shortened week ahead, economic data and earnings will be the key drivers. Stats will need to really impress to shift sentiment towards FED policy.
It was a big week for the majors, with risk appetite finding its feet following better than expected earnings and stats at the end of the week.
European stocks were slightly higher Friday morning, amid caution on global growth. Market focus is also largely attuned to the start of first-quarter corporate earnings. European stocks were slightly higher on Friday, as economic data and Brexit relief calmed fears over the region's economy.
Football is one of the most popular sports in the world that has won the hearts of millions of men (and women are not indifferent to it as well). Although I am not a passionate football fan, I try to keep track of developments in the field. All the more so, because the quarter-finals of the Champions League started.
Trade hopes continue to support stocks while traders wait on the final deal, and the start of earnings season on Friday.
The pan-European Stoxx 600 was flat during mid-morning deals, with sectors and major bourses pointing in opposite directions. It comes after the French hospitality firm reported stronger-than-anticipated growth in first-half revenue Thursday morning. Shares of the world's second-largest catering company rose 5%.
The pan-European Stoxx 600 was up around 0.2% during lunchtime deals, with most sectors and major bourses in positive territory. Market focus is largely to attuned to global trade developments, after the U.S. and Europe locked horns over tariffs in the previous session. European Council President Donald Tusk has said the EU should consider offering the U.K. a "flexible" delay to Brexit of up to a year.
U.S. Trade Representative Robert Lighthizer on Monday proposed a list of European Union products on which to slap tariffs as retaliation for European aircraft subsidies. Market focus is also attuned to corporate results, with major U.S. banks set to get the ball rolling later in the week. J.P. Morgan Chase & Co and Wells Fargo are both poised to report their latest figures on Friday.