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Major European stock indexes traded higher in the premarket on Tuesday as investors awaited the latest data on consumer confidence in Germany. On the agenda, this week, are also inflation prints from the aforementioned country and the Eurozone.

The DAX gained 0.17% at 7:47 am CET, while the CAC 40 added 0.22% and the FTSE 100 advanced 0.83% at the same time. The Euro Stoxx 50 increased 0.19% concurrently.

The euro stood flat against the dollar at 7:49 am CET, selling for 1.08241. The pound was 0.23% higher against the greenback and went for 1.26306 a minute later.

Baha Breaking News (BBN) / AY

Major European stock indexes traded higher in the premarket on Tuesday as investors awaited the latest data on consumer confidence in Germany. On the agenda, this week, are also inflation prints from the aforementioned country and the Eurozone.

The DAX gained 0.17% at 7:47 am CET, while the CAC 40 added 0.22% and the FTSE 100 advanced 0.83% at the same time. The Euro Stoxx 50 increased 0.19% concurrently.

The euro stood flat against the dollar at 7:49 am CET, selling for 1.08241. The pound was 0.23% higher against the greenback and went for 1.26306 a minute later.

Baha Breaking News (BBN) / AY

“ The FTSE 100 gained 0.32%.”

Somebody was telling porkys this morning as the U.K. market is closed today for a bank holiday.

Equities in Europe traded higher in the premarket on Monday ahead of a series of economic reports scheduled for this week's release, most notably the preliminary ones on Germany and the Eurozone's inflation and consumer confidence.

The DAX increased by 0.24% at 8:00 am CET. The FTSE 100 gained 0.32%. The Eurostoxx 50 went up by 0.61%. The CAC 40 advanced by 0.32% at 8:02 am CET.

The euro grew by 0.17% against the dollar at 8:01 am CET to sell for $1.08133. At the same time, the pound sterling rose by 0.18% against the United States currency to change hands for $1.26033.

Baha Breaking News (BBN) / JR

Happy Monday y’al

Equities in Europe traded higher in the premarket on Monday ahead of a series of economic reports scheduled for this week's release, most notably the preliminary ones on Germany and the Eurozone's inflation and consumer confidence.

The DAX increased by 0.24% at 8:00 am CET. The FTSE 100 gained 0.32%. The Eurostoxx 50 went up by 0.61%. The CAC 40 advanced by 0.32% at 8:02 am CET.

The euro grew by 0.17% against the dollar at 8:01 am CET to sell for $1.08133. At the same time, the pound sterling rose by 0.18% against the United States currency to change hands for $1.26033.

Baha Breaking News (BBN) / JR

Happy Monday y’al

European stock indexes traded mixed premarket on Friday with new German data reports in focus. The second report on the country's growth for the second quarter confirmed the preliminary figures released last month. Meanwhile, the business climate report for Germany is forecast to show a decline in August. ECB President Christine Lagarde will also speak at the Jackson Hole symposium later in the day.

The DAX dropped 0.21% at 8:00 am CET, the FTSE 100 added 0.24% the Euro Stoxx 50 was flat, and the CAC 40 fell by 0.09% a minute later.

The euro traded 0.20% lower compared to the dollar, selling for 1.07888 at 8:02 am CET. The pound was down by 0.23% against the dollar and went for 1.25716 at the same time.

Baha Breaking News (BBN) / DJ

You get better by showing up consistently! 🫠🫠🫠🫠🫠

Happy Friday y’al

Enjoy your weekend.

European stock indexes traded mixed premarket on Friday with new German data reports in focus. The second report on the country's growth for the second quarter confirmed the preliminary figures released last month. Meanwhile, the business climate report for Germany is forecast to show a decline in August. ECB President Christine Lagarde will also speak at the Jackson Hole symposium later in the day.

The DAX dropped 0.21% at 8:00 am CET, the FTSE 100 added 0.24% the Euro Stoxx 50 was flat, and the CAC 40 fell by 0.09% a minute later.

The euro traded 0.20% lower compared to the dollar, selling for 1.07888 at 8:02 am CET. The pound was down by 0.23% against the dollar and went for 1.25716 at the same time.

Baha Breaking News (BBN) / DJ

You get better by showing up consistently! 🫠🫠🫠🫠🫠

Happy Friday y’al

Enjoy your weekend.

Berenberg: BHP between a rock and a hard place

BHP (BHP) is between ‘a rock and a hard place’ of inflationary costs and the need to invest more capital, says Berenberg.

Analyst Richard Hatch retained his ‘hold’ recommendation and reduced the target price from £24 to £22 on the Citywire Elite Company, which fell 1.6%, or 36.5p, to £21.94 on Thursday.

First-half results ‘missed market expectations due to a lower dividend’ as a result of cost pressure and weaker prices and delivered disappointing cost and capex guidance, explained Hatch.

He said it is ‘not a major surprise that capex will be elevated over the coming years.’

‘This seems to be a constant negative theme in the sector – the last time that we saw this was following Covid when decarbonisation spend started to creep in and surprise the market negatively, and the catch-up capex started to work its way back following a period of under-investment due to weak prices from 2013-16,’ said Hatch.

He argued that mining was a cyclical sector and ‘we are now going through a period where costs are elevated due to inflation and higher energy input costs, while capex is rising because of the need to build more supply for longer-term demand growth, while prices are weak because the demand growth is not yet pulling through and we are relying on an underperforming China to drive demand and this does not yet seem to be forthcoming’.

Unfortunately for shareholders, Hatch said ‘this will likely keep a lid on the shares’.

Major European indexes increased in premarket trading on Thursday amid as investors digested the news that Wagner Group leader Yevgeny Prigozhin was presumably killed in a plane crash. Market watchers also continued to focus on the BRICS summit in South Africa and awaited the start of the Jackson Hole symposium, where numerous Federal Reserve officials are set to speak over the next couple of days.

The Euro Stoxx 50 climbed 0.66% at 8:01 am CET, the DAX rose 0.46%, the CAC 40 gained 0.33% and the FTSE 100 was up 0.38% at the same time.

The euro added 0.07% against the dollar to go for 1.08708 at 8:00 am CET and the pound was flat compared to the US currency, selling for 1.27267 at the same time.

Baha Breaking News (BBN) / NP

Major European indexes increased in premarket trading on Thursday amid as investors digested the news that Wagner Group leader Yevgeny Prigozhin was presumably killed in a plane crash. Market watchers also continued to focus on the BRICS summit in South Africa and awaited the start of the Jackson Hole symposium, where numerous Federal Reserve officials are set to speak over the next couple of days.

The Euro Stoxx 50 climbed 0.66% at 8:01 am CET, the DAX rose 0.46%, the CAC 40 gained 0.33% and the FTSE 100 was up 0.38% at the same time.

The euro added 0.07% against the dollar to go for 1.08708 at 8:00 am CET and the pound was flat compared to the US currency, selling for 1.27267 at the same time.

Baha Breaking News (BBN) / NP

Prices of precious metals rose on Wednesday after United States business data activity landed at a six-month low. Gold's safe haven properties and the possibility of worse-than-expected data leading the Federal Reserve to reconsider the current monetary policy stance supposedly led to increased demand for the yellow metal.

Gold increased by 1% to $1,916.44 per ounce at 10 am ET. Silver gained 3.35% and reached $24.20 per ounce at the same time. Platinum advanced 1.66% to $940.19 per ounce at 10:01 am ET. Palladium climbed up 2.02% to $1,276.22 per ounce concurrently.

Baha Breaking News (BBN) / MS

Major European markets traded higher in Wednesday's premarket session as investors await a fresh batch of economic data. Eurozone consumer confidence data will be released today, as well as composite services PMIs from the UK and Germany.

The DAX gained 0.27% at 8:01 am CET, while the CAC 40 added 0.06%, and the FTSE 100 rose 0.42%. The pan-European Euro Stoxx 50 inched up 0.31%.

The euro improved by 0.14% against the dollar at 8:02 am CET, selling for $1.08613. The pound grew by 0.15% to go for $1.27510 simultaneously.

Baha Breaking News (BBN) / JG

Happy hump y’al

Major European markets traded higher in Wednesday's premarket session as investors await a fresh batch of economic data. Eurozone consumer confidence data will be released today, as well as composite services PMIs from the UK and Germany.

The DAX gained 0.27% at 8:01 am CET, while the CAC 40 added 0.06%, and the FTSE 100 rose 0.42%. The pan-European Euro Stoxx 50 inched up 0.31%.

The euro improved by 0.14% against the dollar at 8:02 am CET, selling for $1.08613. The pound grew by 0.15% to go for $1.27510 simultaneously.

Baha Breaking News (BBN) / JG

Happy hump y’al

*Ex-dividend date August 31st

Payment date September 29th

Gold currently + .29% $1903.00

Trades 703

Vol. Sold 522,783

Sold Value £448.13k

Vol. Bought 1,527,474

Bought Value £1.32m

European stock exchanges were mostly higher in the premarket hours on Tuesday as investors braced for the manufacturing PMI reports in the euro area and Germany slated for release on August 23.

The day before, the Federal Statistical Office revealed that producer inflation in Germany declined by 6% in July.

At 8:00 am CET, the DAX climbed 0.47%. The Euro Stoxx 50 rose 0.60%. The CAC 40 added 0.18%. London's FTSE 100 dipped 0.09%. A minute later, the euro was up 0.12% against the dollar, selling at 1.09105, while the pound sterling gained 0.15% versus the greenback, changing hands at 1.27745.

Baha Breaking News (BBN) / AB

European stock exchanges were mostly higher in the premarket hours on Tuesday as investors braced for the manufacturing PMI reports in the euro area and Germany slated for release on August 23.

The day before, the Federal Statistical Office revealed that producer inflation in Germany declined by 6% in July.

At 8:00 am CET, the DAX climbed 0.47%. The Euro Stoxx 50 rose 0.60%. The CAC 40 added 0.18%. London's FTSE 100 dipped 0.09%. A minute later, the euro was up 0.12% against the dollar, selling at 1.09105, while the pound sterling gained 0.15% versus the greenback, changing hands at 1.27745.

Baha Breaking News (BBN) / AB

European stock equities were down in the premarket hours on Monday as investors awaited German producer inflation report to be released, with the Deutsche Bundesbank (Buba) set to post its monthly report on economic trends in the country after the opening bell.

At 8:00 am CET, the DAX dipped 0.11%. The FTSE 100 fell 0.07%. The Euro Stoxx 50 rose 0.37%. The CAC 40 declined 0.25%.

The euro was up 0.08% against the greenback, trading at 1.08809 at 7:59 am CET, while the pound was flat against the dollar, selling at 1.27376.

Baha Breaking News (BBN) / AB

Happy Monday y’al

European stock equities were down in the premarket hours on Monday as investors awaited German producer inflation report to be released, with the Deutsche Bundesbank (Buba) set to post its monthly report on economic trends in the country after the opening bell.

At 8:00 am CET, the DAX dipped 0.11%. The FTSE 100 fell 0.07%. The Euro Stoxx 50 rose 0.37%. The CAC 40 declined 0.25%.

The euro was up 0.08% against the greenback, trading at 1.08809 at 7:59 am CET, while the pound was flat against the dollar, selling at 1.27376.

Baha Breaking News (BBN) / AB

Happy Monday y’al

Major stock indexes in Europe traded lower in the premarket on Friday as investors awaited the final report on the euro area's July inflation. In addition, the attention will also be on the Eurozone industrial production, alongside United Kingdom's retail sales.

At 7:47 am CET, both the DAX and the FTSE 100 fell 0.43%, while the Euro Stoxx 50 decreased 0.46% at the same time. The CAC 40 lost 0.51% simultaneously. The euro was up by 0.11% against the dollar at 7:49 am CET, selling for 1.08834. The pound stood flat against the greenback and went for 1.27430 concurrently.

Baha Breaking News (BBN) / AY

𝘏𝘢𝘱𝘱𝘺 𝘍𝘳𝘪𝘥𝘢𝘺 𝘺’𝘢𝘭

𝘌𝘯𝘫𝘰𝘺 𝘺𝘰𝘶𝘳 𝘸𝘦𝘦𝘬𝘦𝘯𝘥.

Major stock indexes in Europe traded lower in the premarket on Friday as investors awaited the final report on the euro area's July inflation. In addition, the attention will also be on the Eurozone industrial production, alongside United Kingdom's retail sales.

At 7:47 am CET, both the DAX and the FTSE 100 fell 0.43%, while the Euro Stoxx 50 decreased 0.46% at the same time. The CAC 40 lost 0.51% simultaneously. The euro was up by 0.11% against the dollar at 7:49 am CET, selling for 1.08834. The pound stood flat against the greenback and went for 1.27430 concurrently.

Baha Breaking News (BBN) / AY

𝘏𝘢𝘱𝘱𝘺 𝘍𝘳𝘪𝘥𝘢𝘺 𝘺’𝘢𝘭

𝘌𝘯𝘫𝘰𝘺 𝘺𝘰𝘶𝘳 𝘸𝘦𝘦𝘬𝘦𝘯𝘥.

“𝘗𝘢𝘵𝘪𝘦𝘯𝘤𝘦 𝘪𝘴 𝘵𝘩𝘦 𝘬𝘦𝘺 𝘵𝘰 𝘷𝘪𝘤𝘵𝘰𝘳𝘺.”