Author Topic: FTSE and European markets  (Read 2054 times)

Caesar

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FTSE and European markets
« on: May 21, 2020, 10:16:00 AM »
The FTSE 100 rose 1 per cent on Wednesday but handed back the gains at todays open as European stocks faded. Equity indices are near or at the top of the ranges are still posting weekly gains. 

As with the US, markets are waiting to see how the relaxation of lock down works out
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Caesar

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Re: FTSE and European markets
« Reply #1 on: May 26, 2020, 11:55:48 AM »
Germany’s DAX extended Monday’s almost 3 per cent gain this morning, rallying 0.75 per. In the UK the FTSE 100 has rallied 2 per cent to 6100 as it played catch up to Europe’s Monday gains with travel and leisure stocks leading the way
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eddieb

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Re: FTSE and European markets
« Reply #2 on: May 29, 2020, 08:17:29 AM »
Looks like theres some selling before the weekend, FTSE is down c30 points in first 11 minutes of trading.
Time will tell if theres a reason for this or if its just traders cashing in before the weekend
Disclaimer. Posts are just my thoughts,  not recommendations.  Do your own due diligence before trading

Caesar

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Re: FTSE and European markets
« Reply #3 on: June 01, 2020, 06:33:11 PM »
A 'steady as she goes' type of day today, slow but welcome gains.  Stocks in London ended higher on optimism over parts of the UK economy slowly getting up and running amid the easing of lockdown restrictions.

The FTSE 100 index closed up 89.92 points, or 1.5%, at 6,166.42. The FTSE 250 ended up 234.57 points, or 1.4%, at 17,277.53, and the AIM All-Share closed up 8.52 points, or 1.0%, at 883.85.
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Caesar

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Re: FTSE and European markets
« Reply #4 on: June 03, 2020, 03:37:19 PM »
FTSE charts for the last 5 days
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Caesar

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Re: FTSE and European markets
« Reply #5 on: June 05, 2020, 05:27:10 PM »
Some nice gains,  hope you grabbed some points
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Re: FTSE and European markets
« Reply #6 on: June 10, 2020, 01:10:18 PM »
European stocks opened higher after yesterday’s sell-off, now bouncing around ranges before there is more clarity on economic recovery and any further policy support. On the former, there are concerns about two-consecutive days of record numbers of hospitalisations in Texas as lockdown restrictions lift, but broadly optimism about reopening is trumping doubts about second waves and a slow, lacklustre recovery. 
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Re: FTSE and European markets
« Reply #7 on: June 10, 2020, 06:31:57 PM »
(Alliance News) - Stocks in London ended mostly lower on Wednesday ahead of the US Federal Reserve's interest rate decision, as investors were spooked by a pessimistic warning from the OECD on the outlook for the global economy.

The global economy is expected to contract 6% this year, even if a second wave of Covid-19 infections is avoided, with the UK set for the hardest hit, according to the Organisation for Economic Co-Operation & Development.

Global economic activity is expected to fall by 6% in 2020 and unemployment to climb to 9.2% from 5.4% in 2019. If a second outbreak of Covid-19 emerges, gross domestic product could plummet 7.6% before rebounding just 2.8% in 2021.

In a single-hit Covid-19 scenario, UK GDP is expected to shrink 11.5% in 2020 - the worst of any single country covered by the OECD's forecasts for such a scenario. This would beat out Spain, Italy and France with forecast declines of 11.1%, 11.3% and 11.4% respectively.

Eurozone GDP is expected to plunge over 9% this year and could fall 11.5% if there is a second hit.

The FTSE 100 index closed down 6.59 points, or 0.1%, at 6,329.13. The FTSE 250 ended down 149.79 points, or 0.8%, at 17,605.46
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Re: FTSE and European markets
« Reply #8 on: June 11, 2020, 01:22:13 PM »
(Alliance News) - London stocks were trading deep in the red at midday on Thursday, with the investment mood soured by a downbeat assessment of the US economy by the Federal Reserve and worries over a second wave of Covid-19 infections.

In a thin economic calendar on Thursday, traders will be watching US initial jobless claims at 1330 BST. It is expected 1.5 million Americans will have filed for unemployment in the week to June 6, according to FXStreet consensus, down from 1.9 million the week before.

The blue-chip FTSE 100 index was down 128.92 points, or 2.0%, at 6,200.21 midday Thursday - at this level down 4.4% since the week began.

The mid-cap FTSE 250 index was down 368.25 points, or 2.1%, at 17,237.21. The AIM All-Share index was down 1.5% at 874.37.

The Cboe UK 100 index was down 2.0% at 10,502.68. The Cboe 250 was down 2.5% at 14,818.51, and the Cboe Small Companies down 1.3% at 9,776.93.

In mainland Europe, the CAC 40 in Paris and the DAX 30 in Frankfurt were both down 2.1% in early afternoon trade.
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Re: FTSE and European markets
« Reply #9 on: June 24, 2020, 08:20:04 AM »
Reuters report that Asian markets hit a 4 month high on hopes that a serious 2nd wave of covid can be averted.
Upbeat manufacturing reports in Europe helped markets there, with France reporting a modest return to growth after relaxing lockdown rules
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Re: FTSE and European markets
« Reply #10 on: June 30, 2020, 10:24:22 AM »
FTSE100 giving back yesterdays gains, down -0.9% at 6168

European  indexes only marginally down
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Re: FTSE and European markets
« Reply #11 on: July 02, 2020, 08:49:40 AM »
Decent early start for  UK markets
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Re: FTSE and European markets
« Reply #12 on: July 02, 2020, 08:54:02 AM »
Todays early movers
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Re: FTSE and European markets
« Reply #13 on: July 06, 2020, 10:58:41 AM »
Asian shares soared higher overnight  and European share markets  followed suit when they opened this morning.
Hong Kong rose 4%, Tokyo 2%, and mainland China 5%, mainly from local investors who don't  seem overly concerned with US/China tensions.
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eddieb

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Re: FTSE and European markets
« Reply #14 on: July 14, 2020, 02:13:50 PM »
Ive just had a quick look, and European markets are being slaughtered today!
DAX is down 1.8%, Euro Stoxx doen 1.8%, FTSE100 down 0.6%.

Not looking too good
Disclaimer. Posts are just my thoughts,  not recommendations.  Do your own due diligence before trading