country flagالعربية

European stocks diverge as risk of UK exit from the EU spreads

2019-07-30 07:41 am | Resource: News | No Views : 30

تباين الأسهم الاوروبية مع انتشار مخاطر خروج بريطانيا من الاتحاد الأوروبي

Precious metals trimmed most of the mild losses on Tuesday when trading on major European shares began. Optimism about the Bank of Japan's determination to continue monetary stimulus, which could affect the position of interest rate makers in the euro area, the United Kingdom and the United States, was immediately met by Governor Haruhiko Kuroda's warning that the World Bank economy is faltering.

Stocks in the currency markets fell amid concerns over a lack of willingness to settle Britain's exit negotiations from the European Union, while London-listed companies benefited from the pound's decline. Quarterly earnings and economic data have generally worsened.

GFK Consumer Sentiment in Germany

Consumer confidence in Germany fell for the third time in a row to its lowest level since April 2017. The results of a consumer opinion poll conducted by GfK this month showed the growing concerns about the global economic slowdown, trade friction and gloomy expectations about Britain's exit from the EU. . The benchmark index fell 0.1 points to 9.7 points, according to a report released Tuesday. The forward action is lifted for August.

Consumption showed signs of a problem after a sharp decline in the manufacturing sector and analysts polled said they expected a deterioration in the pillar, which has remained strong so far. Where survey participants continued to paint a deteriorating picture of future time as the tendency to purchase deteriorated. The two sub-indices fell 6.1 points to 3.7 below zero, the lowest point since November 2015, and 7.4 points to 46.3, respectively, unseen a month ago.

On the other hand, income expectations rebounded somewhat after the recent sharp drop, leading the index to rise by 5.3 points to 50.8, and labor market indicators were strong.

European stocks traded
  • The FTSE 100 rose 0.33% at 8:17 am CET.
  • Germany's DAX <.DJX> was down 0.15% from a steady line led by a down of 5.06% in Lufthansa.
  • While the CAC 40 index fell only 0.05%.
Currencies and gold
  • The euro fell 0.06% to hit 1.1378 against the US dollar.
  • The euro was up 0.34% at £ 0.91534.
  • The pound lost ground against the dollar, dropping 0.4% to $ 1.21684.
  • Gold, the most traditional safe haven asset, fell 0.13% to $ 1425.03 an ounce.

Other analysis

Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.