|Day's Range||7,367.86 - 7,414.75|
|52 Week Range||6,678.70 - 7,599.00|
European stocks rose Tuesday, aided by gains for air carrier easyJet and German car maker Volkswagen, but trading has been choppy as investors weigh the possibility of a new election in Germany alongside ...
U.K. blue-chip stocks slipped Tuesday, with investors expressing disappointment in a round of corporate earnings updates, but shares of EasyJet flew up to the top of the London benchmark after the budget ...
The FTSE 100 gapped lower initially during the trading session on Monday, reaching down towards the 7350 handle, but then bouncing enough to turn around and test the 7400 level. This is an area that has been resistive as of late, but if we can break above the 7450 handle, I feel that the market … Continue reading FTSE 100 Index Price Forecast November 21, 2017, Technical Analysis
Between November 10 and November 17, the S&P 400 Mid-Cap Index (IVOO) rose 0.8%. However, during this period, the S&P 500 Index (SPY) and the Dow Jones Industrial Average Index (DIA) fell 0.1% and 0.3%, ...
European equities finish higher Monday, with German equities recovering following the collapse of talks to form a coalition government for the eurozone’s largest economy.
British blue-chip stocks close slightly higher Monday, aided by gains for home builders, but a rise in the pound put some pressure on exporters.
Euro Whipsaws The euro has been in the spotlight today as the failure of Merkel to form a coalition in Germany has had a tough effect on the euro so far. The euro fell early during the Asian session only to recover during the London session to reach the 1.18 region once again. It has … Continue reading Market Snapshot – German Troubles Dominate Markets
At 5:05 AM EST on November 20, the CAC 40 Index was trading at 5,322.95 with a rise of 0.07%. The iShares MSCI France (EWQ) fell 0.42% on November 17.
European bourses picked up the pace on Monday afternoon, however gains were somewhat capped as political instability in Germany rattled sentiment.
The FTSE 100 Index fell during the week, breaking below the 7400 level. Now that we are below there, it’s likely that we will continue to drift a bit lower, perhaps reaching towards the bottom of the recent consolidation area, which I see as the 7200 level. The 7400 level is essentially “fair value” in … Continue reading FTSE 100 Index Price forecast for the week of November 20, 2017, Technical Analysis
U.K. stocks slip and log a second straight weekly loss on Friday, pushed lower by a stronger pound. Sterling is rising against the dollar on the back of a report that Donald Trump’s campaign has been ordered ...
The only event of note today was the speech from Draghi which happened during the London session where he expressed his continued concern with the inflation. We have seen that the incoming data from the Eurozone has continued to be good, especially the ones from Germany but that seems to be having little effect on … Continue reading Market Snapshot – Dovish Draghi Helps the Stock Markets
Germany’s DAX Index fell for five consecutive trading days and regained strength on Thursday. The DAX Index opened higher on November 17, 2017.
European stock markets are mostly slightly down, with the DAX swinging between gains and losses as the EUR hovers around the 1.18 mark against the USD. The FTSE 100 is underperforming slightly, initially weighed down by a stronger pound, although the currency pared some of its earlier losses after comments from Brexit Secretary Davis suggesting … Continue reading A Dovish Draghi is Good for Riskier Asset Prices
European shares closed slightly lower on Friday, as investors digested new trading updates and followed the moves in markets Stateside.
Markets in Europe came under pressure on Friday afternoon as investors digested new trading updates and followed the moves seen in markets Stateside.
The FTSE 100 rallied slightly during the trading session on Thursday, but continues to struggle at the 7400 level. There is a gap above there that continues to offer bearish pressure, but I think that if we can get above the 7415 handle, the market should continue to go much higher, perhaps reaching towards the … Continue reading FTSE 100 Index Price Forecast November 17, 2017, Technical Analysis
European stocks broke their longest losing run in a year on Thursday, with major regional indexes rebounding on the back of well-received corporate updates. Investors also cheered a rise in shares of car ...
U.K. stocks closed higher on Thursday, boosted by a round of well-received corporate updates and as buyers stepped in to pick up shares after a five-session losing streak.
European stock markets moved higher, following on from gains in Asia, where stock markets bounced back and the Nikkei jumped nearly 1.5%, as technology and telecom stocks led the way and a weaker Yen added support. Profit taking seems to have run its course and traders are left concerns about the progress of U.S. tax … Continue reading Stocks Rebound as Correction Runs its Course