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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

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

Gold currently $2309.57

Most major stock indexes in Europe traded higher in the premarket on Monday as investors braced for a busy week of economic data releases. On the agenda, today, are the euro area consumer confidence and the Deutsche Bundesbank (Buba) monthly report.

Germany's DAX gained 0.09%, and the British FTSE 100 was up 1.05% at the same time. The Euro Stoxx 50 added 0.16%. The CAC 40 was flat. The euro was up 0.08% against the dollar at 8:17 am CET, selling for 1.06652. The pound traded 0.10% above the greenback and went for 1.23833 concurrently.

Baha Breaking News (BBN) / RR

Happy Monday y’al

Most major stock indexes in Europe traded higher in the premarket on Monday as investors braced for a busy week of economic data releases. On the agenda, today, are the euro area consumer confidence and the Deutsche Bundesbank (Buba) monthly report.

Germany's DAX gained 0.09%, and the British FTSE 100 was up 1.05% at the same time. The Euro Stoxx 50 added 0.16%. The CAC 40 was flat. The euro was up 0.08% against the dollar at 8:17 am CET, selling for 1.06652. The pound traded 0.10% above the greenback and went for 1.23833 concurrently.

Baha Breaking News (BBN) / RR

Happy Monday y’al

Gold currently $2365.04

Equities in Europe traded lower in the premarket on Friday as investors assessed the effects of Israel's reported retaliatory drone attack on Iran. They also anticipated the newest reports on Germany's producer prices and the United Kingdom's retail sales.

The DAX slid by 1.35% at 7:25 am CET. At that minute, the FTSE 100 lost 0.91%. The CAC 40 decreased by 0.98%. The Eurostoxx 50 declined by 1.35%.

The euro fell by 0.11% against the dollar at 7:35 am CET to sell for $1.06315. Simultaneously, the pound sterling went down by 0.16% against the United States currency to go for $1.24160.

Baha Breaking News (BBN) / JR

Happy Friday y’al

Enjoy your weekend

Equities in Europe traded lower in the premarket on Friday as investors assessed the effects of Israel's reported retaliatory drone attack on Iran. They also anticipated the newest reports on Germany's producer prices and the United Kingdom's retail sales.

The DAX slid by 1.35% at 7:25 am CET. At that minute, the FTSE 100 lost 0.91%. The CAC 40 decreased by 0.98%. The Eurostoxx 50 declined by 1.35%.

The euro fell by 0.11% against the dollar at 7:35 am CET to sell for $1.06315. Simultaneously, the pound sterling went down by 0.16% against the United States currency to go for $1.24160.

Baha Breaking News (BBN) / JR

Happy Friday y’al

Enjoy your weekend

Gold currently $2381.46

The prices of precious metals increased on Monday with gold popping 1% as investors seemingly recured to the yellow metal as a safe-haven commodity amid geopolitical tensions in the Middle East.

Earlier, Israeli Prime Minister Benjamin Netanyahu announced that his country will make its "own decisions, and will do everything necessary to defend itself" regarding its response to the Iranian missile and drone attack againnst Israel on Saturday.

Gold jumped 1.09% at 1:15 pm CET, selling at $2,386.94. A minute later, silver advanced 0.55%, going for $28.38. At 12:14 am CET, platinum gained 0.11%, selling at $944.83. On the other hand, palladium fell 0.70% to $1,016.99.

Baha Breaking News (BBN) / RR

Https://www.lse.co.uk/rns/CEY/q1-2024-report-yq4snqk6p99n1rt.html

Major European stock indexes traded mixed in the premarket session on Thursday, following the release of March inflation data from the Eurozone where prices remained up 2.4%. Meanwhile, in the UK, prices rose by 3.2%. Investors are still digesting this information from the previous day.

At 8:00 am CET, the FTSE 100 rose 0.24% while the DAX lost 0.08% and the CAC 40 went down 0.06%. The Euro Stoxx 50 traded flat.

The euro gained by 0.07% against the dollar at 7:58 am CET, selling for $1.06803. Meanwhile, the pound traded 0.13% higher against the US currency to go for $1.24701 simultaneously.

Baha Breaking News (BBN) / AC

Major European stock indexes traded mixed in the premarket session on Thursday, following the release of March inflation data from the Eurozone where prices remained up 2.4%. Meanwhile, in the UK, prices rose by 3.2%. Investors are still digesting this information from the previous day.

At 8:00 am CET, the FTSE 100 rose 0.24% while the DAX lost 0.08% and the CAC 40 went down 0.06%. The Euro Stoxx 50 traded flat.

The euro gained by 0.07% against the dollar at 7:58 am CET, selling for $1.06803. Meanwhile, the pound traded 0.13% higher against the US currency to go for $1.24701 simultaneously.

Baha Breaking News (BBN) / AC

Gold currently $2377.88

Asos (ASC) is still making turnaround progress despite falls in sales and revenues, says Hargreaves Lansdown.

The group reported half-year underlying revenues of £1.5bn, representing a fall of 18%, while underlying losses before tax grew 32.7% to £120m.

Analyst Guy Lawson-Johns said that falling revenues ‘may not feel like progress’ but ‘in response to a tougher environment, Asos is undergoing a significant makeover, shifting focus to profitability and cash generation’.

‘The move to enhance the balance sheet and get the business on track for a more profitable future is encouraging, but it hasn’t been easy for investors,’ he said.

Lawson-Johns said that ‘behind the scenes, there are early signs that strategic ambitions are starting to bear fruit’, as the firm streamlines inventory, releasing cash for investment elsewhere.

There have also been operational improvements but there are still ‘structural hurdles to overcome’ and it faces competition from the likes of new entrant Temu.

‘Successfully expanding into international markets, like the US, will be crucial for the company’s future,’ Lawson-Johns said.

The shares climbed 4.9% to 349.6p yesterday, but have shed half their value over the last 12 months.