Brexit, U.S – China trade talks, the Robert Mueller Report and a mass of economic data will provide the markets with plenty to consider in the week ahead.
While a Brexit extension cut the Pound’s losses for the week, risk aversion and a yield curve inversion drove demand for the Greenback and the Yen.
The former Reed & Elsevier publishing company is transforming itself into a tech player powered by artificial intelligence. Investors should give the new RELX a fresh look.
Preliminary PMI figures for the eurozone missed analysts expectations, hitting markets in Europe, and driving German bund yields to below 0 for the first time in two years.
Financial results send Cintas shares lower
The FTSE 100 shed almost 150 points as it sank 2 percent and the more domestically-exposed FTSE 250 slipped 1.8 percent or almost 350 points. Both indexes suffered their worst day since December. Sterling rallied after the euro weakened and as European Union leaders gave Prime Minister Theresa May two more weeks, until April 12, to decide how to leave the European Union.
London markets sank along with their European peers as the latest eurozone purchasing managers index (PMI) figures signaled a broad-based slowdown on the continent. Sterling strength, notably against the euro, also drove down equities, given many U.
Growth fears weigh on equities as weak data and trade worry compounds negative sentiment.
Stocks slide after European manufacturing PMI falls to lowest level since 2013, while a new orders index hits a 2012 trough, as trade disputes hammer exports in the world's biggest economic bloc. US Treasury Department sanctions on two Chinese shipping firms accused of helping North Korea evade restrictions on its nuclear weapons program rattle nerves ahead of next week's trade talks. U.K. Prime Minister Theresa May given two-week reprieve to win support for her twice defeated Brexit deal, raising the stakes of Britain's exit even higher heading into April.
Dax to open positive on international cues, but a dovish turn could result in the worst weekly decline for the month given the fact that 3 of 4 sessions till date saw DAX close in the red.
Global stocks edge higher following last night's tech-lead rally on Wall Street, although gains were capped by concerns for the strength of the world economy. US Treasury Department sanctions on two Chinese shipping firms accused of helping North Korea evade restrictions on its nuclear weapons program rattle nerves ahead of next week's trade talks. U.K. Prime Minister Theresa May given two-week reprieve to win support for her twice defeated Brexit deal, raising the stakes of Britain's exit even higher heading into April.
IHS Markit's flash euro zone composite PMI fell to 51.3 in March from 51.9 the previous month — analysts were expecting a reading of 52. The disappointing economic data added to market jitters over the Federal Reserve's subdued outlook. Brexit was another area of focus, as the EU agreed to an extension to the date of the U.K.'s withdrawal from the bloc.
Possible that the UK ends up with a longer extension to Brexit, says Bob Parker, investment committee member at Quilvest Wealth Management.
It’s a big day for the markets. Private sector PMI numbers out of Europe and the U.S will give some guidance on where the economy is heading.
By Geoffrey Smith
U.S. stocks rose on Thursday, with advances in Apple (AAPL) shares helping to buoy the indices.
The FTSE 100 bounced 0.9 percent, comfortably outperforming its European peers, as the pound dipped amid growing concern that a no-deal Brexit would become a reality. Many large UK-listed firms earn the bulk of their income abroad in foreign currencies and their shares benefit from a falling pound. The midcap FTSE 250, more domestically focussed, was 0.2 percent lower.
European stock markets slipped for a second day on Thursday, weighed down by financial stocks and a sharp drop in French-Italian glasses company EssilorLuxottica . Frankfurt, Madrid, Dublin and Paris all racked up losses, but in London, a surge in energy shares and a weaker pound drove the FTSE 100 up 0.9 percent to a more than five-month high. The pan-European STOXX 600 index ended just 0.04 percent lower, with banks weaker after Wednesday's shift in U.S. central bank policy and a warning from Switzerland's UBS about investment banking revenues.
Britain's FTSE 100 jumped to its highest level in five-and-a-half months as its multinational stocks got a boost from weaker sterling, while results-driven slumps in engineering firm Renishaw and trading platform IG dented the midcap index. The FTSE 100 bounced 0.9 percent, comfortably outperforming its European peers, as the pound dipped amid growing concern that a no-deal Brexit would become a reality.
Conagra Brands jumps on earnings beat
London markets gained as investors digested a positive U.K. retail sales surprise and a third vote on the Brexit transition agreement began to look more likely, news that roiled the pound. How did markets perform? The FTSE 100 (UK:UKX)(UK:UKX) rose 0.
Growth outlook, Brexit Chaos, and Trade fears weigh on global indices with no end to the turmoil in sight.
Despite the prevalent risk on investor sentiment in the global market on dovish Fed update, investors await updates from key European events today resulting in cautious European investor sentiment which is likely to result in range bound price action.
A 2019 pause on interest rate hikes by the FED may not be enough should U.S – China trade talks lack progress. It could be a telling end to the week.
The pan-European Stoxx 600 was down around 0.1 percent during mid-morning deals, with most sectors and major bourses in negative territory. The Bank of England (BOE) is due to announce its latest interest rate decision at midday. British Prime Minister Theresa May told the public on Wednesday that she is "on their side" amid Brexit negotiations, laying the blame for the country's delayed exit squarely with Parliament.
Strategists are starting to cast doubt on the powerful new-year rally in European equities. The Stoxx Europe 600 Index is expected to lose 6 percent from Wednesday’s closing levels to 358 points by the end of 2019, according to the average projection in the latest Bloomberg poll. The Euro Stoxx 50 Index, home of the euro-area’s biggest companies, is seen declining 4 percent from current levels to 3,238, according to the average survey estimate.
By Geoffrey Smith
General Mills gains on revenue growth
European shares retreated from near six-month highs on Wednesday, with German stocks leading losses as chemicals producer Bayer and carmaker BMW tumbled, and as the European Union resisted British Prime Minister Theresa May's plea to delay Brexit. The pan-European STOXX 600 index fell 0.9 percent as investors booked profits after five sessions of gains, with Bayer's near 10 percent slump weighing the most.
Yahoo Finance’s Alanna Petroff weighs in on what’s happening in the overseas markets.
DAX to trade dovish on increased caution owing to headlines driven momentum and dovish cues from international market.
With eyes fixed on a U.S. Federal Reserve statement and news conference later in the day, the pan-European STOXX 600 index fell 0.4 percent as investors booked profits after five sessions of gains. Germany's DAX lost more than 1 percent with Bayer down 12 percent after a San Francisco jury became the second to rule against Roundup, eight months after a $289 million award to claimants in a similar case. Bayer acquired Monsanto, the longtime maker of Roundup, for $63 billion last year.
Markets in Europe drifted lower, led by German chemical company Bayer AG as a U.S. court judgement blamed Bayer’s weedkiller product Roundup for causing a case of cancer. German equities led the declines in Europe, with the DAX (DAX) falling 0.94% from Tuesday’s close to 11680.7, giving back Tuesday’s gains of 0.85%. The U.K.’s FTSE 100 (UK:UKX) was essentially flat at 7,321.7, having climbed 0.6% Tuesday.
Global stocks weaker ahead of today's Fed rate decision, with sentiment clouded by reports of tension in U.S.-China trade talks and a profit warning from Federal Express. Global oil prices were little-changed, with support coming from API data showing a surprise 2.15 million drawdown in domestic crude stocks and yesterday's move from OPEC to scrap its April meeting, raising the prospect of extending production cuts into the second half of the year. Dow futures suggest a modest opening gain slip ahead of the Fed rate decision at 2:00 pm Eastern Time and Chairman Jerome Powell's press conference 30 minutes later.
TOKYO/HONG KONG, March 20 (Reuters) - Asian shares slid on Wednesday as investors took profits ahead of a policy decision by the U.S. Federal Reserve which is expected to shed more light on its interest rate plans for the rest of the year. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.2 percent, weighed down by Australia and South Korea. Japan's Nikkei climbed 0.2 percent while mainland Chinese blue-chip shares were flat.
The pan-European Stoxx 600 was down around 0.4 percent during mid-morning trade, with most sectors and major bourses in negative territory. Inmarsat surged to the top of the index after the satellite operator announced it had opened talks about a $3.3 billion cash takeover approach from a private equity-led consortium. Shares of the London-listed stock rose over 17 percent.
Investing.com - Here are the top five things you need to know in financial markets on Wednesday, March 20
By Geoffrey Smith
Wall Street braces for the Fed. Can the Fed juice the rally? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
The STOXX 600 autos & suppliers sector index jumped 2.4 percent to post their biggest one-day gain in more than three months, helping the benchmark STOXX 600 climb 0.6 percent and scale a near six-month peak. The rally was also spurred by investor anticipation of a more accommodative Federal Reserve, as well as some likely short covering as fund managers named bearish bets in European equities as the "most crowded" trade for the first time. Madden said the Fed was likely to maintain its data driven policy approach.
Del Taco Restaurants falls on weak earnings
European stocks get a lift as merger talk boosts autos and some banks gain ahead of the outcome of the Fed meeting.
MARKET SNAPSHOT European markets were modestly higher Monday, with gains led by the banking sector after German lenders Deutsche Bank AG and Commerzbank AG announced Sunday that they had entered merger discussions.
European markets were positive on Friday, as investors took stock of the latest U.K. parliamentary vote to ask E.U. leaders to extend Britain’s withdrawal from the E.U.
MongoDB advances on earnings beat
European markets gained on Thursday, as investors prepare for the U.K. parliament’s next Brexit vote on whether to extend Britain's March 29 deadline to leave the European Union
By Geoffrey Smith
Vera Bradley jumps after announcing 4th-quarter results
European markets struggled for direction on Wednesday, as investors reacted to U.K. Prime Minister Theresa May’s defeat over her revised agreement to leave the European Union
Stitch Fix surges on earnings results
European markets are expected to open broadly higher on Wednesday with investors appearing to brush off escalating trade tensions between the U.S. and China.
European stocks are set to open lower Tuesday morning after the Trump administration decided to impose 10 percent tariffs on $200 billion worth of Chinese imports.
European stocks are set to open lower Monday morning, amid renewed fears over an escalating trade war between the world's two largest economies.
European stocks are set to open higher Friday morning, after an expectedly sharp interest rate hike in crisis-hit Turkey supported the lira and global risk appetite.
Equity indices across Europe are expected to open lower on Thursday morning ahead of several central bank meetings.
Bourses in Europe are set to open mixed Wednesday morning, as investor sentiment is dented by new tensions between the U.S. and China surrounding trade.
Markets in Europe are poised to start Tuesday's trading on a higher note, continuing the positive momentum seen in other global markets.
Shares in Europe are poised to start the week on a lower footing amid ongoing concerns over global trade.
European shares are expected to open slightly higher on Friday morning, but investors remain cautious amid new trade threats.
Stocks in Europe are set to open slightly lower on Thursday amid ongoing concerns over emerging markets and potential new U.S. tariffs on China.
European stocks are set to open lower Wednesday morning, as renewed fears over international trade conflicts limited investor appetite for riskier assets.
European stocks are set to open lower Wednesday morning, after emergency austerity measures in Argentina underscored the recent turbulence in emerging markets.
European stocks are set to open slightly lower Monday morning, amid heightened concerns of an escalating trade war between the world's two largest economies.
European stocks are set to open lower Friday morning, amid heightened fears of an escalating global trade war between the world's two largest economies.
European stocks are set to open slightly lower Thursday morning, as investors continue to monitor global trade talks.
European stocks are set to open slightly higher Wednesday morning, as investors continue to monitor global trade developments.
European stocks are set to open higher Tuesday morning, with risk appetite boosted by news of an agreement between the U.S. and Mexico to overhaul the North American Free Trade Agreement (NAFTA).
European stocks seen mixed ahead of a key speech by Jerome Powell, the chair of the U.S. Federal Reserve.
Stocks in Europe are expected to open lower Thursday morning after Beijing implemented new retaliatory tariffs against the United States.
European stocks are set to open lower Wednesday morning, as investors continue to monitor trade talks between the world's two largest economies.
European stocks are set to open lower Tuesday morning, as comments from President Donald Trump weigh on the dollar and test market optimism ahead of U.S.-China trade talks.
European stocks are set to open mixed Monday morning, with investors awaiting the outcome of trade talks between the world's two largest economies later this week.
European stocks are set to open slightly lower Friday morning, after news the U.S. and China have agreed to hold their first trade talks since June next week.
Bourses in Europe are expected to open higher Thursday morning following news that China has accepted an invitation from the United States to talk trade in late August.
The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period.
Shares in Europe are expected to start Wednesday's trading a touch higher as concerns over the Turkish currency crisis continue to affect investors' appetite.
European stocks are expected to open in the black Tuesday morning as concerns over Turkey's economic woes eased.
European stocks are set to open lower Monday morning, as investors monitored renewed trade tensions and a deeper slide in the Turkish lira.
European stocks are set for a mixed open Thursday morning amid a deepening U.S.-China trade dispute and a flurry of corporate earnings.
European futures traded mixed in premarket trade Wednesday, amid investors keeping a close eye on Brexit developments and corporate earnings.
European futures traded slightly higher in premarket trade Tuesday, as investors kept a close eye on trade tension and earnings.
European stocks are set to open higher Monday morning, amid a backdrop of renewed trade tensions.
Stocks in Europe are set to begin Friday's trade higher by a comfortable margin.
European markets are set for a negative open Thursday morning, while the Bank of England is expected to raise interest rates despite uncertainty over what Brexit could mean for the U.K. economy.
European bourses are set to begin trade on Wednesday in negative territory.
Major European bourses are set to open in the red by a slim margin on Tuesday ahead of a slew of data and corporate releases.
European markets are set to begin the week on the back foot, with all major bourses expected to open in the red.
European markets are expected to begin Monday’s session on a negative note, mimicking weaker trading in markets overseas.
Shares in Europe are poised to open lower Friday following remarks from President Donald Trump about the Federal Reserve.
European shares are set to start Thursday’s trading session on a mixed note, as investors await further corporate results and digest political events.
European shares are set for a strong open on Wednesday carrying on the positive sentiment that kickstarted on Wall Street.
Stocks in Europe are poised for a mixed open Tuesday as investors await further corporate results and remarks by Federal Reserve Chairman Jerome Powell.
European shares are expected to open mostly higher Monday as investors focus on earnings and monitor an upcoming meeting between the United States and Russia.
European stocks are set to open higher Friday morning, tracking overnight gains on Wall Street amid elevated expectations of strong U.S. earnings.
European stocks are set to open higher Thursday morning, as markets consolidated steep losses from the previous session when heightened fears of an escalation to the U.S.-Sino trade war soured investor sentiment.
European shares are poised for a lower open Wednesday morning after U.S. authorities unveiled a new list of Chinese products that could see new tariffs.
Markets in Europe are poised to start Tuesday’s trade on a higher note as investors focus on upcoming corporate earnings and put trade and political tensions aside.
European equities are expected to start the trading day higher as investors monitor developments on trade and react to news that the U.K.’s chief Brexit negotiator has resigned from his post.
European stocks are set to open lower Thursday morning, with market players in a state of anxious uncertainty ahead of a U.S. deadline to impose tariffs on Chinese products.
European stocks are set to open mixed Wednesday morning, amid elevated tensions between the U.S. and China over looming trade tariffs and investment restrictions.