The last trading session on European markets this week brings better sentiment. The DE30 is trading above the dash and back to the tops of the consolidation that has been going on for several days. The macro calendar for today is very light. Investors' attention today is focused on the CB reading and data on secondary market home sales.
The swap market is currently pricing in a near 29% chance of a 75bp rate hike at the ECB's December meeting. Source: Bloomberg
DE30 index chart, D1 interval. The benchmark German blue chips are gaining at the end of the week. Source: xStation 5
Friday's German market session brings gains in valuations of most economic sectors. Source: Bloomberg
News:
-
E.ON (EOAN.DE) shares are gaining nearly 2.5% today on the back of a raised recommendation by SocGen to "buy." Target price at €10.7.
-
Postivite mood also continues for the shares of Siemens AG (SIE.DE), which yesterday reported a huge increase in orders and record operating profit. The company also raised its earnings forecasts.
Source: Bloomberg
The largest percentage changes in the companies included in the DAX index. Source: Bloomberg
The most active stocks in the DAX index (DE30). Source: Bloomberg
DE40: European indices in the shadow of risk-off sentiment
The mood for markets shifts, as risk aversion takes hold
US100: Wall Street's stronghold of growth❓
US focus: three things to watch this week
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
