country flagالعربية

European stocks diverged after the EU bid to delay Brexit

2019-03-22 08:44 am | Resource: News | No Views : 166

 European markets were mixed early on Friday after the European Union confirmed it had agreed to delay Britain's exit from the EU to London.

The United Kingdom will be allowed to postpone departure from the EU until May 22 if the House of Commons approves Prime Minister May's deal. If lawmakers reject a third-time withdrawal, Britain's exit from the EU will continue until April 12. At the same time, the PMI figures are expected to be released in the European Union and Germany later in the day.

Deutsche Bank is vowing to cut jobs and is seeing a surge in sales

Deutsche Bank AG was called on the pre-market market on Friday after publishing a comprehensive report last year and gave relatively optimistic guidance. He proposed a dividend of 0.11 euros per share. The German bank, which is currently discussing a possible merger with local rival Commerzbank, said it had cut its staff by 5.9% to 91,737 and would tend to reduce the number to less than 90,000.

On the other hand, revenues this year saw a slight increase, with improvements in corporate and investment banking, fixed income, currencies and equities.

The change in compensation funds fell by 14 percent to 1.9 billion euros in 2018, partly due to layoffs, and the total fell to 10.6 billion euros from 11.1 billion euros, the report said. The target return on tangible property rights, or RoTE, has been maintained by more than 4%. The management claimed that its strategy depended on "controlled growth" and was on track to improve.

Christian Thierry, CEO and Chairman of the Board, earned 7 million euros compared to a jump of 86.9% to 55.7 million euros in total for managers.

European Stocks Open
  • In London, the FTSE 100 fell 0.19% at 9:15 CET.
  • The DAX index in Frankfurt rose 0.35% at the same time led by the Wirecard gain of 2.72% at 9:16 CET.
  • At the same time, the CAC 40 index in Paris was 0.24% at 9:15 am CET.

The euro was steady against the dollar, where it was sold at 1.1372 at 9:16 am.

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.