european Archive

  • European Economics Preview: UK Public Sector Finance Data Due Public sector finance from the UK is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Federal Customs Administration is scheduled to release Swiss trade data for August. The surplus totaled CHF 3.51 billion in July. At 3.00 am ET, Turkey's consumer confidence survey data is due for September. At 4.00 am ET, Norges Bank is set to announce its interest rate decision. The bank is widely expected to hold its key rate at 0.50 percent. At 4.30 am ET, the Office for National Statistics is scheduled to issue UK public sector finance data. The budget is forecast to post a surplus of GBP 7.1 billion in August versus a deficit of GBP 0.2 billion in July.

    European Economics Preview: UK Public Sector Finance Data Due

    European Economics Preview: UK Public Sector Finance Data Due Public sector finance from the UK is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Federal Customs Administration is scheduled to release Swiss trade data for August. The surplus totaled CHF 3.51 billion in July. At 3.00 am ET, Turkey's consumer confidence survey data is due for September. At 4.00 am ET, Norges Bank is set to announce its interest rate decision. The bank is widely expected to hold its key rate at 0.50 percent. At 4.30 am ET, the Office for National Statistics is scheduled to issue UK public sector finance data. The budget is forecast to post a surplus of GBP 7.1 billion in August versus a deficit of GBP 0.2 billion in July.
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  • European Stocks Steady Ahead of Fed Decision European markets finished flat on Wednesday, as investors focus on the Federal Reserve's monetary policy guidance. The pan-European Stoxx 600 was slightly lower, although the majority of the sectors were in the green. Major bourses pointed in different directions. Euro zone blue chips slipped 0.1 percent. European banking stocks were on focus, as the sector fell 0.5 percent. Investors await the announcement of the U.S. Federal Reserve's meeting for indications as to whether a third interest rate rise will happen this year. The telecom sector climbed 0.1 percent. Nearly every stock index was trading higher with Deutsche Telekom among the largest advancers after Kepler Cheuvreux increased its stock recommendation for the company to “buy” from “hold”. The German telecommunications giant rose nearly one percent. Steelmaker Thyssenkrupp climbed over three percent after it reached a preliminary deal with India's Tata Steel to m..

    Prime News: European Stocks Steady Ahead of Fed Decision

    European Stocks Steady Ahead of Fed Decision European markets finished flat on Wednesday, as investors focus on the Federal Reserve's monetary policy guidance. The pan-European Stoxx 600 was slightly lower, although the majority of the sectors were in the green. Major bourses pointed in different directions. Euro zone blue chips slipped 0.1 percent. European banking stocks were on focus, as the sector fell 0.5 percent. Investors await the announcement of the U.S. Federal Reserve's meeting for indications as to whether a third interest rate rise will happen this year. The telecom sector climbed 0.1 percent. Nearly every stock index was trading higher with Deutsche Telekom among the largest advancers after Kepler Cheuvreux increased its stock recommendation for the company to “buy” from “hold”. The German telecommunications giant rose nearly one percent. Steelmaker Thyssenkrupp climbed over three percent after it reached a preliminary deal with India's Tata Steel to m..
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  • German Dax unchanged. France's Cac unchanged. UK FTSE down -0.11% The European major stock indices are ending the session mixed. In the 10 year debt market in Europe:

    European stocks end session mixed. 10 year yields also mixed

    German Dax unchanged. France's Cac unchanged. UK FTSE down -0.11% The European major stock indices are ending the session mixed. In the 10 year debt market in Europe:
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  • Your daily thread to exchange trading ideas and discussion 20 Sept Antipodean ccys hogging the headlines so far but what else are you looking at into the FOMC later?

    Trading ideas for the European session 20 Sept

    Your daily thread to exchange trading ideas and discussion 20 Sept Antipodean ccys hogging the headlines so far but what else are you looking at into the FOMC later?
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  • Softer equity tones as markets officially get underway 20 Sept - FTSE Flat - DAX -0.1% - CAC40 -0.1% - FTMIB -0.02 - IBEX -0.3% In China the SCI closes up 0.3% as does CS1300 Index

    European equity markets open lower 20 Sept

    Softer equity tones as markets officially get underway 20 Sept - FTSE Flat - DAX -0.1% - CAC40 -0.1% - FTMIB -0.02 - IBEX -0.3% In China the SCI closes up 0.3% as does CS1300 Index
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  • European Economics Preview: UK Retail Sales Data Due Retail sales data from the UK is the major report due on Wednesday, headlining a light day for the European economic news. At 1.00 am ET, Estonia's producer price figures are due for August. Prices had advanced 4.1 percent year-on-year in July. At 2.00 am ET, Destatis releases Germany's producer prices. Producer prices are forecast to gain 2.5 percent on year for August, faster than the 2.3 percent increase seen in July. At 4.30 am ET, the Office for National Statistics is scheduled to release UK retail sales for August. Economists forecast sales to rise 0.2 percent on month, following a 0.3 percent rise in July.

    European Economics Preview: UK Retail Sales Data Due

    European Economics Preview: UK Retail Sales Data Due Retail sales data from the UK is the major report due on Wednesday, headlining a light day for the European economic news. At 1.00 am ET, Estonia's producer price figures are due for August. Prices had advanced 4.1 percent year-on-year in July. At 2.00 am ET, Destatis releases Germany's producer prices. Producer prices are forecast to gain 2.5 percent on year for August, faster than the 2.3 percent increase seen in July. At 4.30 am ET, the Office for National Statistics is scheduled to release UK retail sales for August. Economists forecast sales to rise 0.2 percent on month, following a 0.3 percent rise in July.
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  • European Stocks Mixed as Fed Decision Eyed European finished mixed on Tuesday as investors await the decision from the two-day Federal Reserve policy meeting. The pan-European Stoxx 600 was flat, with most sectors lower and major bourses pointing in opposite territories. Telecom stocks climbed as much as 0.9 percent to their highest level in almost four weeks after CNBC reported that U.S. wireless carriers T-Mobile US Inc and Sprint Corp were in active merger negotiations. Deutsche Telekom, which controls T-Mobile US, was the largest advancer, higher by over three percent. Other stocks in the sector were also lifted by the report. European telecom stocks have underperformed the wider market in the past two years. Valuations and earnings potential have began to spur investors' interest. The food and beverage sector fell almost 0.7 percent after a Mexican bottler and retailer said it had sold a stake in the world's second-biggest brewer. Fomento Economico Mexicano (Femsa..

    Prime News: European Stocks Mixed as Fed Decision Eyed

    European Stocks Mixed as Fed Decision Eyed European finished mixed on Tuesday as investors await the decision from the two-day Federal Reserve policy meeting. The pan-European Stoxx 600 was flat, with most sectors lower and major bourses pointing in opposite territories. Telecom stocks climbed as much as 0.9 percent to their highest level in almost four weeks after CNBC reported that U.S. wireless carriers T-Mobile US Inc and Sprint Corp were in active merger negotiations. Deutsche Telekom, which controls T-Mobile US, was the largest advancer, higher by over three percent. Other stocks in the sector were also lifted by the report. European telecom stocks have underperformed the wider market in the past two years. Valuations and earnings potential have began to spur investors' interest. The food and beverage sector fell almost 0.7 percent after a Mexican bottler and retailer said it had sold a stake in the world's second-biggest brewer. Fomento Economico Mexicano (Femsa..
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  • German Dax unchanged, France CAC up 0.13%. UK FTSE up 0.28% The European stocks are ending the session with modest gains. In the 10 year debt sector today: At midday in the NY markets:

    European stocks end session with modest gains

    German Dax unchanged, France CAC up 0.13%. UK FTSE up 0.28% The European stocks are ending the session with modest gains. In the 10 year debt sector today: At midday in the NY markets:
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  • Your daily thread to exchange trading ideas and discussion 19 Sept A busy start to the session so what are you all thinking now? Squeeze over ? Just pausing for breath? Tempted to square, or enter, positions here?

    Trading ideas for the European session 19 Sept

    Your daily thread to exchange trading ideas and discussion 19 Sept A busy start to the session so what are you all thinking now? Squeeze over ? Just pausing for breath? Tempted to square, or enter, positions here?
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  • European Economics Preview: German Economic Sentiment Data Due Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news. At 4.00 am ET, the European Central Bank is scheduled to issue euro area current account data for July. The current account surplus totaled a seasonally adjusted EUR 21.2 billion in June. In the meantime, Italy' current account data is due from the central bank. At 5.00 am ET, Germany's ZEW economic confidence survey data for September is due. Economists forecast the current situation index to fall to 86.3 in September from 86.7 in August. The economic confidence index is seen at 14 versus 10 in the previous month. Also, Eurostat is set to issue euro area construction output for July. Output had fallen 0.5 percent on month in June. At 8.00 am ET, Hungary's central bank announces its interest rate decision. The bank is widely expected to keep its key rate unchanged at 0.90 percent. In the m..

    European Economics Preview: German Economic Sentiment Data Due

    European Economics Preview: German Economic Sentiment Data Due Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news. At 4.00 am ET, the European Central Bank is scheduled to issue euro area current account data for July. The current account surplus totaled a seasonally adjusted EUR 21.2 billion in June. In the meantime, Italy' current account data is due from the central bank. At 5.00 am ET, Germany's ZEW economic confidence survey data for September is due. Economists forecast the current situation index to fall to 86.3 in September from 86.7 in August. The economic confidence index is seen at 14 versus 10 in the previous month. Also, Eurostat is set to issue euro area construction output for July. Output had fallen 0.5 percent on month in June. At 8.00 am ET, Hungary's central bank announces its interest rate decision. The bank is widely expected to keep its key rate unchanged at 0.90 percent. In the m..
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