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London's FTSE 100 index was flat during the premarket session on Wednesday as investors awaited fresh reports on housing prices and manufacturing sector performance scheduled for release later in the day.
The FTSE 100 traded flat at 8:00 am CET. Other European stock markets were closed due to the Labor Day holiday.
The euro lost 0.11% against the dollar at 7:58 am CET, selling for $1.06548. At the same time, the pound dropped 0.12% compared to the greenback, to go for $1.24769.
Baha Breaking News (BBN) / JJ
Happy hump y’al
London's FTSE 100 index was flat during the premarket session on Wednesday as investors awaited fresh reports on housing prices and manufacturing sector performance scheduled for release later in the day.
The FTSE 100 traded flat at 8:00 am CET. Other European stock markets were closed due to the Labor Day holiday.
The euro lost 0.11% against the dollar at 7:58 am CET, selling for $1.06548. At the same time, the pound dropped 0.12% compared to the greenback, to go for $1.24769.
Baha Breaking News (BBN) / JJ
Gold currently $2287.63
Happy hump y’al
Https://www.lse.co.uk/rns/CEY/total-voting-rights-2jfcocunak95gea.html
Major European stock indexes traded mostly lower in premarket on Tuesday as investors digested the latest financial results by several European corporations, including Mercedes-Benz, Volkswagen, Santander, Lufthansa and Adidas. On the economic front, traders are expected to closely monitor the fresh reports on German retail sales and gross domestic product (GDP), French inflation and the GDP in the Eurozone.
The DAX drp[[ed by 0.10% at 8:00 am CET, while the FTSE 100 gained 0.12%. At the same time the CAC 40 declined by 0.22%, and the Euro Stoxx 50 went down by 0.09%.
The euro lost 0.21% against the dollar at 7:58 am CET, selling for $1.06985. The pound fell by 0.23% compared to the greenback, going for $1.25335 simultaneously.
Baha Breaking News (BBN) / JJ
Major European stock indexes traded mostly lower in premarket on Tuesday as investors digested the latest financial results by several European corporations, including Mercedes-Benz, Volkswagen, Santander, Lufthansa and Adidas. On the economic front, traders are expected to closely monitor the fresh reports on German retail sales and gross domestic product (GDP), French inflation and the GDP in the Eurozone.
The DAX drp[[ed by 0.10% at 8:00 am CET, while the FTSE 100 gained 0.12%. At the same time the CAC 40 declined by 0.22%, and the Euro Stoxx 50 went down by 0.09%.
The euro lost 0.21% against the dollar at 7:58 am CET, selling for $1.06985. The pound fell by 0.23% compared to the greenback, going for $1.25335 simultaneously.
Baha Breaking News (BBN) / JJ
Gold currently $2322.37
Sports Direct owner Frasers (FRAS) led the FTSE 100, rising 3.1%, or 25p, to 821p after commencing an £80m share buyback programme. Deutsche Bank initiated coverage with a ‘buy’ recommendation and target price of £10.
https://citywire.com/funds-insider/news/middle-east-ceasefire-talks-push-ftse-higher/a2441388
Deutsche Bank starts boohoo with 'sell' - price target 27 pence
Major European stock exchanges traded with gains in the premarket on Monday as investors anticipated the release of the latest consumer inflation data from Spain and Germany. Moreover, the report on the euro area consumer confidence will also be in the spotlight.
The DAX gained 0.11% at 8:00 am CET. At the same time, the Euro Stoxx 50 rose 0.35%, the CAC 40 added 0.07% and the FTSE 100 increased 0.64%.
The euro traded 0.31% above the dollar at 7:59 am CET, changing hands for 1.07256. Concurrently, the pound was up 0.33% against the greenback, selling for 1.25363.
Baha Breaking News (BBN) / AY
Happy Monday y’al
Major European stock exchanges traded with gains in the premarket on Monday as investors anticipated the release of the latest consumer inflation data from Spain and Germany. Moreover, the report on the euro area consumer confidence will also be in the spotlight.
The DAX gained 0.11% at 8:00 am CET. At the same time, the Euro Stoxx 50 rose 0.35%, the CAC 40 added 0.07% and the FTSE 100 increased 0.64%.
The euro traded 0.31% above the dollar at 7:59 am CET, changing hands for 1.07256. Concurrently, the pound was up 0.33% against the greenback, selling for 1.25363.
Baha Breaking News (BBN) / AY
Happy Monday y’al
Gold currently $2330.15
The European Commission designated the online retailer Shein as a Very Large Online Platform (VLOP) under its Digital Services Act (DSA). Other companies labeled as VLOP include Shein rivals Amazon and AliExpress, as well as social media platforms such as Facebook, YouTube and TikTok. According to Shein's data, it has an average of more than 45 million monthly users in the European Union.
The Commission said the Chinese fast fashion business will be subjected to "the most stringent rules under the DSA" by August. It will have to submit risk assessment reports on illegal content and products, as well as take measures to mitigate those risks. It will have to step up its consumer protection, ensure internal transparency and accountability, and be subject to an external independent audit every year, among other requirements.
Baha Breaking News (BBN) / DJ
Major European indexes rose in Friday's premarket trading as investors digested multiple corporate earnings, including reports from TotalEnergies SE and NatWest Group.
In addition, a speech from European Central Bank (ECB) Vice-President Luis de Guindos is expected later today.
The Euro Stoxx 50 climbed 0.67% at 8:29 am CET, the DAX was up 0.18%, the CAC 40 added 0.23% and the FTSE 100 rose 0.68% at the same time.
The euro and the pound both traded flat against the dollar, going for 1.07308 and 1.25100, respectively, at 8:28 am CET.
Baha Breaking News (BBN) / RR
Gold currently $2338.60
Happy Friday y’al
Enjoy your weekend.
Major European indexes rose in Friday's premarket trading as investors digested multiple corporate earnings, including reports from TotalEnergies SE and NatWest Group.
In addition, a speech from European Central Bank (ECB) Vice-President Luis de Guindos is expected later today.
The Euro Stoxx 50 climbed 0.67% at 8:29 am CET, the DAX was up 0.18%, the CAC 40 added 0.23% and the FTSE 100 rose 0.68% at the same time.
The euro and the pound both traded flat against the dollar, going for 1.07308 and 1.25100, respectively, at 8:28 am CET.
Baha Breaking News (BBN) / RR
Happy Friday y’al
Enjoy your weekend.
Major European stock indexes traded with losses in the premarket on Thursday as the earnings season continued to heat up, with Deutsche Bank, BNP Paribas, Nestle, and Sanofi all reporting their quarterly results. In data, the traders will be looking at German consumer confidence.
The DAX slid 0.21% at 8:00 am CET. Concurrently, the Euro Stoxx 50 lost 0.19%, the CAC 40 declined 0.07%, and the FTSE 100 decreased 0.15%.
The euro added 0.11% against the dollar at 7:59 am CET, going for 1.07125. At the same time, the pound edged up 0.06% against the greenback, changing hands for 1.24726.
Baha Breaking News (BBN) / AY
Major European stock indexes traded with losses in the premarket on Thursday as the earnings season continued to heat up, with Deutsche Bank, BNP Paribas, Nestle, and Sanofi all reporting their quarterly results. In data, the traders will be looking at German consumer confidence.
The DAX slid 0.21% at 8:00 am CET. Concurrently, the Euro Stoxx 50 lost 0.19%, the CAC 40 declined 0.07%, and the FTSE 100 decreased 0.15%.
The euro added 0.11% against the dollar at 7:59 am CET, going for 1.07125. At the same time, the pound edged up 0.06% against the greenback, changing hands for 1.24726.
Baha Breaking News (BBN) / AY
Gold currently $2319.00
Most equities in Europe are set to open higher on Wednesday, with investors awaiting remarks by European Central Bank (ECB) Executive Board member Piero Cipollone and Joachim Nagel, President of Deutsche Bundesbank (BUBA). Market participants will also receive updates on the business climate in Germany later today.
On the business front, Swiss healthcare company F. Hoffmann-La Roche AG, Lloyds Banking Group plc and Italian energy enterprise Eni S.p.A shared their financial report for the first quarter of 2024.
The DAX gained 0.20% while the Euro Stoxx 50 was 0.42% higher at the same time. The FTSE 100 improved 0.30% while France's CAC 40 traded flat.
The euro and the pound were flat compared to the dollar, selling at 1.06975 and 1.24460 at 8:19 am CET, respectively.
Baha Breaking News (BBN) / RR
Happy hump y’al
Most equities in Europe are set to open higher on Wednesday, with investors awaiting remarks by European Central Bank (ECB) Executive Board member Piero Cipollone and Joachim Nagel, President of Deutsche Bundesbank (BUBA). Market participants will also receive updates on the business climate in Germany later today.
On the business front, Swiss healthcare company F. Hoffmann-La Roche AG, Lloyds Banking Group plc and Italian energy enterprise Eni S.p.A shared their financial report for the first quarter of 2024.
The DAX gained 0.20% while the Euro Stoxx 50 was 0.42% higher at the same time. The FTSE 100 improved 0.30% while France's CAC 40 traded flat. The euro and the pound were flat compared to the dollar, selling at 1.06975 and 1.24460 at 8:19 am CET, respectively.
Baha Breaking News (BBN) / RR
Happy hump y’al
Gold currently $2328.58
# Trades 1,118
Vol. Sold 1,658,339
Sold Value £2.06m
Vol. Bought 3,551,568
Bought Value £4.41m
Major European stock exchanges closed the Tuesday session trading higher, as all eyes were on PMI reports. Data previously showed that the business activity both in the euro area and the United Kingdom reached the highest point in 11 months. Meanwhile, the day was also marked by earnings reports.
The DAX jumped 1.55% or 276 points at the close, as Sartorius skyrocketed 6.77%. Simultaneously, the Euro Stoxx 50 soared 1.44%, with SAP surging 5.27%. At the end of the session, the CAC 40 advanced 0.81%, with Accor up 2.76%. The FTSE 100 finished the trading day with a 0.26% gain, as Associated British Foods climbed 8.98%.
The euro was 0.42% above the dollar at 5:33 pm CET, going for 1.07009. Concurrently, the pound traded 0.76% higher against the greenback, changing hands for 1.24425.
Baha Breaking News (BBN) / AY
*Not very positive from the FTSE point of view, but any kind of “surging” is definitely better than negative.
European Central Bank (ECB) Vice-President Luis de Guindos expects the bank to reach its 2% target in 2025. However, the move is anticipated to face some resistance in the service sector.
"We have gone from 10% headline inflation to 2.4%. Core inflation is also falling and is now below 3%. All the indicators are moving in the right direction. We're not there yet, but the end is in sight. We think we will reach our 2% target in 2025," de Guindos said in an interview with Le Monde on Tuesday.
Asked about when the key interest rates would be reduced, de Guindos added that if the conditions continue to move in the same direction, that will likely happen in June. Commenting on the pace of the rate cut, he further stated that based on the data, the geopolitical situation, and "the potential impact on oil prices."
Baha Breaking News (BBN) / JG
European stock exchanges traded mostly higher during premarket hours on Tuesday in anticipation of reports on the region's manufacturing and services sectors, with respective data rolling out for Germany and the United Kingdom.
Earlier this morning, Novartis AG and Renault Group shared their results for the opening quarter of fiscal 2024.
Frankfurt's DAX rose 0.42%. The Euro Stoxx 100 rose 0.23%. The CAC 40 was down 0.06%. London's FTSE 100 climbed 0.37%. The euro and the pound sterling were flat against the dollar, going for 1.06511 and 1.23442 respectively at 7:57 am CET.
Baha Breaking News (BBN) / AB