|Day's Range||7,141.85 - 7,228.78|
|52 Week Range||6,536.50 - 7,903.50|
Europe’s markets were mixed on Thursday, struggling against a myriad of headwinds including weak economic data and earnings. A batch of earnings data drove action for a number of stocks, and leaned on some indexes.
Cautious markets are hopeful a trade deal will be reached soon after sketchy details of possible documents are released to the media.
U.S. stocks were set to make cautious gains Thursday, despite downbeat sessions elsewhere, as investors awaited fresh economic data and the latest round of U.S.-China trade talks. Futures put the Dow Jones Industrial Average and S&P 500 both up 0.2% and Nasdaq-100 futures 0.3% higher. Bunge, Kraft Heinz, Caesars Entertainment and Baidu will also be in focus with the companies due to report earnings.
1057 GMT - RELX’s 2018 results come with few surprises, as the key indicators are broadly in line with expectations, Citi says. “Steady predictable organic growth is why investors like RELX,” Citi analysts say. Although the company’s adjusted operating profit falls a touch short of expectations, adjusted EPS is slightly ahead of analysts’ estimates, Citi says.
The pan-European Stoxx 600 edged down around 0.2 percent during mid-morning deals, with most sectors and major bourses in negative territory. Europe's banking index led the losses, falling more than 1.3 percent amid reports of suspected wrongdoing. Factories across the euro zone unexpectedly fell into reverse this month, official surveys showed Thursday, amid heightened trade tensions and ongoing problems in the autos sector.
A combined $4.3bn of share repurchases helped investors look past falling profits at both firms, and contributed to keeping the region’s indexes in the green on Wednesday morning.
Trade sentiment drags on equities on Tuesday but there is still hope a deal can be reached between US and Chinese negotiators.
European stocks were down on Tuesday, as investors responded to disappointing earnings from HSBC and BHP Group while trade negotiations between the U.S. and China continue
Time is rapidly running out for the British Government to garner a deal. As the UK political parties divide, it’s looking gloomy for the Pound.
The pan-European Stoxx 600 edged higher Monday, with sectors and major bourses pointing in opposite directions. Market focus is largely attuned to global trade developments, with officials from the U.S. and China set to resume negotiations this week. The pan-European Stoxx 600 finished up 0.21 percent provisionally, with sectors and major bourses pointing in opposite directions.
Investing.com -- Europe’s stock markets are edging lower Monday, struggling to build on a four-month high they hit on Friday on hopes of action from the European Central Bank to revive the economy.
The ECB, the FED, and the RBA release meeting minutes in the week, as the markets look for any more signs of a possible recession. Trade talks also resume.
The pan-European Stoxx 600 was up around 0.3 percent during mid-morning trade, with most sectors and major bourses in positive territory. China reported stronger-than-anticipated trade data on Thursday, offering a welcome relief to investors concerned about a global economic downturn. European stocks were higher on Thursday morning, amid a flurry of earnings results, while market participants anxiously wait on any signs of progress in the latest round of U.S.-China trade talks.
The FTSE index increased 0.8 percent after touching its highest level since Oct. 10, handily outperforming its European peers, while the midcaps were also up 0.8 percent. British lawmakers will face a choice between Prime Minister Theresa May's divorce deal or a long extension to the March 29 deadline for leaving the European bloc, May's chief Brexit negotiator Olly Robbins was overheard saying in a Brussels bar.
Recent inflation data in the UK put pressure on the pound. GBPUSD has turned to decline from 1.29 after the release of disappointing inflation data for January.