Ripple to be bought again

Bitcoin buys from support retest

DJ30 shorts from the top

Still short on Gold

Another shorts on EURUSD

Another bearish shot on EURUSD

DJ30 at a weekly resistance level

Falling Parallel Channel

Symmetric Pattern

Falling Wedge

Unusual price action on Gold

AUDUSD buys from support

Range Bound

Ascending Triangle

Rising Parallel Channel

Faling Wedge

Opportunity Ahead

Rising Wedge

美元疲软，黄金价格继续冲刺

澳洲CPI今晚发布，数据面动能短线回落

DJ30 buys from 35100

GBPJPY at the resistance level for sells

Breakout of Falling Parallel Channel

Pennant

Rectangle Pattern

Book full Profit

黄金继续受到美元走软利好，站稳2000并继续向上冲刺

美元地位冲高回落，整体动能依然偏空

EURUSD is at a resistance

Gold at a weekly resistance

Round 2 on Ethereum

Chainlink in a bullish trend

Hop on to XRP before its late

Bitcoin just broke out from the trendline

AUDUSD to sell from 0.6570

Another scale in on shorts on GOLD

Tesla buys from 233

Brent at 82.70

Flag And Pole

Huge XRP Weekly Megaphone Structure Revealed. Huge Moves Ahead!

Gold down after breakout sells

GBPJPY has a trendline breakout sell

DJ30 still bullish

Bullish shots on EURUSD from 1.0885

GOLD double bottom formation

Double Pattern Formation

Ethereum at 1955

Chainlink gaining momentum

The Honest Forming Falling Wedge

Book Full Profit

Book Partial

XRP going to be another bullish magnificent

Bitcoin in a bull run

USDJPY Yearly High Rejection - US Dollar Weakening

Bitcoin Bulls Reclaimed A Crucial Weekly Ready For More Upside!

Cup & Handle breakout

Falling Wedge breakout on the upside

Symmetric Pattern breakdown

Marriot forming Rising Wedge

Retracement expected Start Booking

Book 45%

Book 75%

Descending Triangle

In Frankfurt,  the DAX Index rose 172 points or 1.06 percent on Friday. Leading the gains are Covestro (5.15%), Vonovia (3.84%) and Siemens Energy (3.63%).

The DAX Index Closes 1.06% Higher

Frankfurt's DAX 40 surged by 0.6% on the first trading session of December, reaching the 16,300 mark for the first time since late July, and following its most significant monthly gain since October 2022. The market sentiment received a boost from lower-than-expected inflation data originating from both the Eurozone and the US, which heightened expectations of potential interest rate cuts by both the European Central Bank and the Federal Reserve in the upcoming year.

Frankfurt Stocks Extend Rally

Frankfurt's DAX 40 rose by 0.2% on Thursday to cross the 16,200 mark for the first time since August 1st, as preliminary data from the Eurozone indicated that inflation pressures in November cooled more than anticipated, heightening expectations that the ECB might cut interest rates as soon as April 2024. In other economic news, German retail sales surpassed expectations, rising by 1.1% in October compared to the previous month and ending a four-month period of contraction or stagnation. However, the country's jobless rate rose to 5.9% in November, the highest since May 2021, as the number of unemployed individuals increased as expected. Throughout the month, the DAX surged by over 9%, the best month since October 2022, as signs of easing inflation and a weakening global economy suggested that interest rates at major central banks have reached their peak.

DAX Hits New 4-Month Peak, Heading for a 9% Monthly Gain

Frankfurt's DAX 40 edged up by 0.1% to reach 16,190 on the last trading session of November, hitting its highest level since August 1st, as investors remained poised for the latest inflation data from the Eurozone and US. Preliminary data from Germany, France, and Spain indicated that inflation pressures in November cooled more than anticipated, heightening expectations that the next move in ECB interest rates might be downward. In additional economic news, German retail sales surpassed expectations by rising 1.1% in October compared to the previous month, ending a four-month period of contraction or stagnation.

DAX Hits Fresh 4-Month Peak

In Frankfurt,  the DAX Index went up by 178 points or 1.11 percent on Wednesday. Top gainers were Infineon (4.13%), Puma (3.75%) and Adidas (3.47%).

The DAX Index Closes 1.11% Higher

Frankfurt’s DAX 40 extended early gains to hover 1% higher at 16,160 on Wednesday, its highest since early August, as increasing evidence of disinflation in the Eurozone brought forward expectations of eventual rate cuts by the European Central Bank. Headline inflation in Germany fell to 3.2% in November from 3.8% in the previous month, firmly below market expectations of 3.5%. Additionally, the core rate fell to an over two-year low of 2.3%, sharply under expectations of 2.7%. The results ramped up expectations that tomorrow’s Eurozone inflation print may surupise to the downside, magnifying hopes that price growth is converging to the ECB’s target of 2% and paving the way for some much-needed looser financial conditions for the European corporate sector. Tech giant SAP added 1.3% to trade at an all-time high. Also, lower Bund yields added strong support for policy-sensitive consumer cyclicals traded in Frankfurt, with BMW and Adidas adding more than 2.5% each.

DAX Rises to Fresh 4-Month High

Frankfurt's DAX 40 surged 0.3% to reach 16,050 on Wednesday, marking its highest point since August 1st, driven by data indicating a slowdown in inflation in Germany, which amplified investors' expectations for future policy rate cuts by the European Central Bank. Concurrently, dovish statements from Fed officials further supported the belief that the US central bank will initiate rate cuts in the upcoming year. Among single stocks, SAP hit an all-time high and German chip equipment supplier Siltronic soared by 7.8% following an upgrade by Berenberg from "hold" to "buy".

DAX Nears 4-Month High

DE40 increased to a 12-week high of 16042

Stocks in Germany Hit 12-week High

Frankfurt’s DAX 40 index was down for a second consecutive session at 15,950 points on Tuesday, following its recent milestone of surpassing the 16,000 mark for the first time since mid-August. Investor caution prevailed ahead of crucial inflation data scheduled for later this week, amid speculations that both the Fed and the ECB have completed their rate hikes and might consider reducing borrowing costs next year. Among individual stocks, Continental gained about 0.7% subsequent to Berenberg's upgrade to a buy rating, while Infineon also climbed 1% higher subsequent to a buy upgrade from Jefferies. On the broader economic front, German consumer morale posted a slight improvement as December approached, breaking a streak of three consecutive months of decline, though it remained at a notably low level.

DAX 40 Down for 2nd Day

Frankfurt’s DAX 40 index failed to maintain the steady momentum from morning trading and edged slightly lower to the 16,000 mark on Monday, easing from the near-four-month high from the prior session as key economic data due later in the week kept risk sentiment in check. Domestic, Eurozone, and US inflation figures are likely to impact the rate outlook for the ECB and demand for Bunds, which booked gains despite ECB President Lagarde’s warning that high wage growth continues to be a threat against stable prices, warranting a prolonged period of restrictive interest rates, and magnifying Berlin’s decision to suspend debt limits for the fourth consecutive year. Chemicals producer BASF led the losses in the session with a near 2% drop, while Bayer shares fell over 1.5%. The heavyweight auto sector also traded with losses, with Porsche, Mercedes, BMW, and Volkswagen all retreating more than 0.5%.

German Stocks Give in to Slight Losses

Frankfurt’s DAX 40 index hovered close to the flatline at the 16,030 mark on Monday, holding the gains from the prior week at its highest level since early August as key economic data due later in the week kept risk sentiment in check. Domestic, Eurozone, and US inflation figures are likely to impact the rate outlook for the ECB and demand for Bunds, which traded close to the flatline as markets continued to assess the uncertainty regarding the start of cuts from the ECB and Berlin’s decision to suspend debt limits for the fourth consecutive year. Among the heavyweights, Infineon added 1%, while SAP advanced nearly 0.5%. On the other hand, Bayer slipped more than 1%.

German Stocks Hold Gains

Frankfurt’s DAX 40 overcame early losses and closed 0.3% higher at 16,040 on Friday, the highest since August 1st, as markets continued to assess the incoming economic data and the impact that fiscal risks may have on financial conditions. The third-quarter German GDP was revised slightly lower to show an even bigger contraction than expected, while the IFO business climate gauge increased less than expected. In the meantime, Bund yields rose after Berlin unveiled plans to suspend debt limits for the fourth consecutive year. Still, positive corporate developments supported key equities traded in Frankfurt. Continental led the gains with a 2.3% jump following an upgrade to Barclays’s recommendation. Also, BASF rose by 2% after Bloomberg News reported that Abu Dhabi National Oil Company is exploring a potential acquisition of its Wintershall Dea unit.

German Stocks Close at Near 3-Month High

Frankfurt's DAX 40 was 0.1% lower at 15,980 points on Friday, primarily driven by downturns in the technology sector and automakers, as investors seemed to take a breather after the recent upsurge that propelled the index to its highest level in three months. Among single stocks, shares of Volkswagen lost 0.4% following its announcement about developing a new platform tailored for entry-level electric vehicles in China, alongside plans to integrate more local components for cost reduction. Conversely, Continental surged by 2% following Barclays' upgrade of the car parts manufacturer to an "overweight" rating. On the economic front, Germany's economy contracted slightly in the third quarter, aligning with the initial estimate of a 0.1% decline.

Frankfurt Stocks Down from 3-Month High

Frankfurt's DAX 40 maintained early modest gains, trading at 15,990 points on Thursday, its highest level since August 10th, as investors were digesting both the latest ECB meeting minutes and updated PMI data. The bank's accounts suggested policymakers were adamant about maintaining the possibility of further rate increases, even though it wasn't their primary guideline. At the same time, the recent PMI survey indicated a milder contraction in the German private sector, with both services and manufacturing output declining at slower rates. Market sentiment has already factored in anticipated ECB interest rate cuts by April and possibly a more aggressive stance by June. Among individual stocks, Deutsche Boerse (+1.1%), Puma (+0.8%) and RWE (+0.7%) led the gains, while Porsche (-1.9%), Zalando (-1.1%), and Siemens Energy (-0.9%) recorded the most significant declines.

Frankfurt Stocks Slightly Up on Thursday

Frankfurt's DAX 40 maintained early modest gains, trading at 15,970 points on Thursday, reaching its highest level since August 10th. Investors were digesting the latest PMI data while eagerly anticipating the minutes of the European Central Bank's October meeting later in the session. The recent PMI survey indicated a milder contraction in the German private sector, with both services and manufacturing output declining at slower rates. Market sentiment has already factored in anticipated ECB interest rate cuts by April and possibly a more aggressive stance by June. Among individual stocks, Bayer (+0.8%), RWE (+0.7%), and Puma (+0.5%) led the gains, while Porsche (-0.9%), Qiagen (-0.9%), and Deutsche Telekom (-0.5%) recorded the most significant declines.

Frankfurt Stocks Hold at 3-Month Highs After PMI Release

Frankfurt's DAX 40 edged 0.1% higher to reach 15,970 points on Thursday, marking its highest level since August 10th, as investors are eagerly awaiting the minutes of the European Central Bank's October meeting and flash PMIs for several European countries later in the session, seeking further cues on Europe's monetary policy trajectory. Market sentiment has already factored in anticipated ECB interest rate cuts by April, and a more aggressive stance possibly by June. Earlier this week, ECB's Mario Centeno's dovish stance sharply contrasted with Joachim Nagel's perspective, hinting at rates nearing their peak, while Lagarde cautioned against premature optimism.

DAX 40 at New 3-Month High Ahead of PMIs

Frankfurt’s Dax 40 index was 0.3% higher to the 15,830 level on Wednesday, reaching levels last seen in August as investors continued to assess the policy path for the ECB and other major central banks. Minutes from the FOMC’s latest meeting showed that members reiterated the priority of curbing inflation back to the 2% target with restrictive interest rates. Still, Bund yields hovered close to three-month lows, supporting sharp gains for rate-sensitive financial and tech sectors. Software giant SAP added more than 1%, while insurance provider Allianz jumped 0.7%. On the other hand, healthcare stocks limited the index’s upturn with a 1.6% drop for Bayer, extending its plunge from the start of the week following the abandonment of a drug-clotting drug trial.

German Stocks Rise to 3-Month High

Frankfurt's DAX 40 climbed 0.1% to reach 15,915 points, marking its highest level since August 31st, as investors turned their focus toward the US Federal Reserve's latest meeting minutes due later today. Major European stock markets enjoyed a two-week rally, buoyed by the expectation that central banks in the US and Eurozone have likely completed their interest rate hikes. Among individual stocks, Rheinmetall saw a nearly 3% gain following the release of its 2026 strategy, while Adidas (+1.3%), HeidelbergCement (+1.2%), Deutsche Börse (+0.7%), and Beiersdorf (+0.6%) emerged as top performers.

DAX Edges Higher to New 2-1/2-Month Peak

In Frankfurt,  the DAX Index gained 131 points or 0.83 percent on Friday. Gains were led by Siemens Energy (7.78%), Deutsche Bank (2.41%) and Fresenius (2.28%). Biggest losers were Infineon (-1.28%), Henkel (-0.81%) and Symrise (-0.68%).

The DAX Index Closes 0.83% Higher

Frankfurt's DAX 40 closed 0.9% up to reach 15,930 on Friday, marking its highest level since August 31st to notch a 4.6% surge on the week. Investors welcomed a slew of economic data, including reports indicating a slowdown in inflationary pressures in the US, UK, and across European countries, coupled with falling oil prices and a surge in US weekly claims, which raised expectations that the Fed, BoE, and ECB might initiate interest rate cuts earlier than anticipated in 2024. Gains were ample across all key sectors of the Frankfurt Boerse, with healthcare giants Bayer, Fresenius, and Sartorius all adding more than 2%. Financials also closed sharply higher, with Hannover Re and Deutsche Bank increasing by more than 2.2%.

German Stocks Close Week 4.6% Higher

Frankfurt's DAX 40 extended its gains for a fifth consecutive session, rising 0.5% to reach 15,860 points on Friday, marking its highest level since September 15th. The German index is also poised for a weekly gain of over 4% on the back of expectations that central banks have reached the peak of their monetary policy tightening. Investors welcomed a slew of economic data, including reports indicating a slowdown in inflationary pressures in the US, UK, and across European countries, coupled with falling oil prices and a surge in US weekly claims, which raised expectations that the Fed, Bank of England, and ECB might initiate interest rate cuts earlier than anticipated in 2024. Leading the gains among single stocks were Fresenius Medical Care (+4.3%), Siemens Energy (+2.5%), and Fresenius (+1.8%).

DAX 40 Hits Fresh 2-Month High

In Frankfurt,  the DAX Index is gaining 82 points or 0.52 percent on Friday. Leading the gains are Fresenius Medical Care (3.53%), Siemens Energy (2.03%) and Fresenius (1.68%). Top losers are Volkswagen (-0.20%), Deutsche Telekom (-0.16%) and Airbus (-0.08%).

The DAX Index Opens 0.52% Higher

Frankfurt's DAX 40 extended its gains for a fourth consecutive session, climbing 0.4% to reach 15,810 points on Thursday, marking its highest level since September 15th. Investor sentiment has been buoyed by optimism surrounding an anticipated peak in policy tightening, with potential future rate cuts expected due to decreasing inflation across major economies. On the corporate front, Siemens surged by 5% following the German industrial group's report of better-than-expected fourth-quarter industrial profit. Conversely, HelloFresh witnessed a steep decline of 20% as the German meal-kit maker revised down its annual core profit outlook and narrowed its revenue growth guidance.

Frankfurt Stocks Extend Gains for 4th Straight Session

In Frankfurt,  the DAX Index gained 136 points or 0.87 percent on Wednesday. Gains were led by Infineon (9.31%), Siemens Energy (8.98%) and Zalando (3.12%). Biggest losers were HeidelbergCement (-1.95%), Vonovia (-1.43%) and E.ON (-1.05%).

The DAX Index Closes 0.87% Higher

Frankfurt's DAX 40 traded higher at 15,670 on Wednesday, extending Tuesday's rally to its highest level since September 20th, as data from major economies indicating a notable slowdown in inflation suggested the potential conclusion of rate hikes at major central banks. Both the UK and the US reported inflation in October that was cooler than expected, increasing the likelihood that the Bank of England and the Federal Reserve may consider rate cuts as early as May 2024. Meanwhile, German data revealed the sharpest fall in wholesale prices in almost three-and-a-half years in October, primarily attributed to more affordable mineral oil products.

DAX 40 Nears 2-Month High

In Frankfurt,  the DAX Index went up by 269 points or 1.75 percent on Tuesday. Top gainers were Zalando (9.45%), Vonovia (7.95%) and Sartorius (7.86%).

The DAX Index Closes 1.75% Higher

The Dax 40 index extended early gains to jump 1.4% to the 15,410 mark on Tuesday, its highest in nearly two months, as promising domestic and foreign economic data supported equities traded in Frankfurt. The ZEW Indicator of Economic Sentiment for Germany pointed to better-than-expected business conditions in November, prompting hopes that the German economy may adapt to higher interest rates following the third quarter’s GDP contraction. Additionally, slower-than-expected inflation in the US pared worries of an overly hawkish Fed. Bund yields declined sharply, supporting a strong session for key consumer cyclical stocks. Porsche added 3.7% while Adidas and Continental advanced nearly 5% each. Additionally, RWE jumped 3% following strong earnings released for the third quarter, driven by renewable energy generation and growth in its electricity trading division.

Dax 40 Jumps to Near 2-Month High

Stocks in Germany Hit 4-week High

Frankfurt’s Dax 40 index extended early gains to hover 0.4% higher at the 15,410 mark on Tuesday, its highest in one month, as markets continued to analyze the latest corporate reports and economic data to gauge the impact of higher rates in the Euro Area. The ZEW Indicator of Economic Sentiment for Germany pointed to better-than-expected business conditions in November, prompting hopes that the German economy may adapt to higher interest rates following the third quarter’s GDP contraction. In the meantime, employment growth in the Euro Area expanded more than markets forecasted. Bund yields edged lower, supporting a strong session for key stocks in the auto sector. Porsche added 1.7% while BMW and Volkswagen advanced nearly 1%. Additionally, RWE jumped 2% following strong earnings released for the third quarter, driven by renewable energy generation and growth in its electricity trading division. On the other hand, Deutsche Telekom traded sharply in the red.

German Stocks Extend Gains

Frankfurt’s Dax 40 index hovered marginally above the flatline at the 15,370 mark on Tuesday, its highest in one month, as markets further analyzed the latest corporate reports and economic data to gauge the Eurozone economy’s resilience to higher interest rates. Investors awaited the ZEW survey of economic sentiment for November, in addition to the Eurozone’s second GDP estimate and labor market figures for the third quarter. Bund yields were broadly unchanged despite the losses for US Treasury instruments, supporting a strong session for key stocks in the auto sector. Porsche, Mercedes, and Volkswagen added between 1% and 0.5%. Additionally, RWE jumped by over 2% following strong earnings released for the third quarter, driven by renewable energy generation and growth in its electricity trading division. On the other hand, Airbus pared yesterday’s strong session with a 0.5% loss, while healthcare giants Merck and Bayer both traded sharply in the red.

German Stocks Book Slight Gains

European equity markets were set for a mixed open on Tuesday as caution dominated sentiment ahead of the release of Eurozone gross domestic product data for the third quarter. Investors will also assess Eurozone unemployment figures for the third quarter and Germany’s ZEW survey of economic sentiment in November. On the corporate front, Vodafone will report its latest quarterly earnings today. DAX and Stoxx 600 futures rose about 0.1% in premarket trade, while FTSE 100 futures fell 0.15%.

European Markets Set for Mixed Open

In Frankfurt,  the DAX Index gained 99 points or 0.65 percent on Monday. Gains were led by Siemens Energy (5.62%), Fresenius Medical Care (3.78%) and Fresenius (3.00%). Biggest losers were Puma (-2.87%), Sartorius (-2.07%) and Zalando (-1.31%).

The DAX Index Closes 0.65% Higher

Frankfurt’s Dax 40 index maintained early increases and closed 0.6% higher at 15,320 on Monday, extending the gains from the prior week as markets continued to assess the latest economic data and corporate results for insights on how businesses perform in the current environment of restrictive rates. The industrial heavyweights led the gains amid positive corporate news. Siemens Energy booked a 5% jump amid reports that it will present project-related guarantees backed by the German government in its earnings release on Wednesday. Also, Airbus added more than 1% amid news that it signed more supply contracts with key airlines.  In the meantime, healthcare giant Fresenius added nearly 4%. On the data front, the German current account widened considerably in September.

German Stocks Start Week in the Green

European equity markets traded slightly higher on Monday, with Frankfurt's DAX 40 adding 0.3%, ahead of pivotal data releases in major economies this week, including the updated GDP figures for the Eurozone and key data on US and UK CPI. Additionally, the market is closely watching speeches by officials from major central banks for insights into potential future monetary policy moves. ECB President Christine Lagarde last week indicated that interest rates would remain restrictive for at least several quarters. Meanwhile, investors grappled with Moody's downgrade of the outlook for the US sovereign debt rating, while attention is focused on the outcome of a high-stakes meeting between US President Joe Biden and Chinese President Xi Jinping this week.

European Shares Start the Week Slightly Higher

European equity markets were set for a mixed open on Monday as caution dominated sentiment ahead of key data in major economies this week, as well as a high-stakes meeting between US President Joe Biden and Chinese President Xi Jinping. Moody’s late on Friday also downgraded its ratings outlook on the US government from stable to negative, citing increasing fiscal deficits and political standoffs in Washington. Meanwhile, there are no major data releases in Europe on Monday, while earnings are set to come from Porsche. DAX and Stoxx 600 futures were up about 0.3% in premarket trade, while FTSE 100 futures fell 0.2%.

In Frankfurt,  the DAX Index decreased 124 points or 0.81 percent on Friday. Losses were driven by Puma (-4.60%), Zalando (-4.43%) and Bayer (-3.59%). Biggest rises came from Commerzbank (1.33%), Henkel (0.97%) and Airbus (0.48%).

The DAX Index Closes 0.81% Lower

European equity markets declined on Friday, with the German DAX down 0.8% and the Stoxx 600 down 1%, following warnings from Federal Reserve Chair Jerome Powell about the potential need for further interest rate increases to control inflation. Powell emphasized a cautious approach but noted a willingness to tighten policy if necessary. In economic news, initial figures indicated that the U.K. economy remained stagnant in the third quarter. Corporate earnings reports continued to influence individual share prices, with Germany's Allianz falling slightly after a 30% drop in third-quarter net profit. The company maintained its 2023 operating profit target. Also, shares of British drinks giant Diageo dropped more than 12% after the company warned of weaker operating profit growth in the first half of its financial year. For the week, the DAX managed to rise slightly while the broader Stoxx 600 retreated.

European Stocks End Week Lower

In Frankfurt,  the DAX Index is dropping 80 points. Leading the losses are Vonovia (-2.23%), Adidas (-1.79%) and Infineon (-1.77%). Top gainers were Allianz (2.34%), Brenntag (1.23%) and Munich RE (0.97%).

The DAX Index Opens 0.52% Lower

European equity markets declined on Friday, with the German DAX and the Stoxx 600 both down 0.5%, following warnings from Federal Reserve Chair Jerome Powell about the potential need for further interest rate increases to control inflation. Powell emphasized a cautious approach but noted a willingness to tighten policy if necessary. In economic news, initial figures indicated that the U.K. economy remained stagnant in the third quarter. Corporate earnings reports continued to influence individual share prices, with Germany's Allianz experiencing a 2% increase in shares despite a 30% drop in third-quarter net profit. The company maintained its 2023 operating profit target. Despite Friday's dip, European stocks were poised for a second consecutive week of gains.

European Stocks Down on Friday

European equity markets were headed for a lower open on Friday, extending losses in global markets as US Federal Reserve Chair Jerome Powell said the central bank is “not confident” it has done enough to tame inflation. Rising global bond yields also weighed on equities, with the benchmark 10-year US yields climbing back above 4.6%. Meanwhile, investors will assess a raft of economic data in the region, headlined by British gross domestic product figures for the third quarter. DAX, Stoxx 600 and FTSE 100 futures were all down about 0.5% in premarket trade.

European Markets Head for Lower Open

In Frankfurt,  the DAX Index rose 123 points or 0.81 percent on Thursday. Leading the gains are Siemens Energy (6.92%), Merck (4.22%) and Henkel (3.32%). Top losers were Hannover Rueck (-2.13%), Airbus (-1.95%) and Qiagen NV (-0.96%).

The DAX Index Closes 0.81% Higher

European equity markets rose on Thursday, with the German DAX and the broader pan-European Stoxx 600 both up 0.8%, boosted by positive earnings results. AstraZeneca upped its annual earnings forecast and beat third-quarter expectations. Similarly, Deutsche Telekom AG raised its 2023 guidance after strong third-quarter profits, while Henkel slightly improved its yearly outlook. WH Smith and ArcelorMittal exceeded profit expectations, but Merck anticipated lower-than-targeted full-year operating earnings. Among notable individual movements, shares of Adyen soared 37% after the company issued new targets deemed more realistic by the market.

European Stocks Rise on Earnings

European equity markets reversed losses to trade slightly higher on Thursday, with the German DAX and the broader pan-European Stoxx 600 both up 0.2%, as investors evaluated the global economic and monetary policy outlook during the ongoing earnings season. Industrial goods and services companies gained over 1%, while travel and leisure stocks fell more than 3%, and oil and gas stocks were slightly down. In corporate news, Deutsche Telekom AG raised its 2023 guidance after strong third-quarter profits, while Henkel slightly improved its yearly outlook. WH Smith and ArcelorMittal exceeded profit expectations, but Merck anticipated lower-than-targeted full-year operating earnings. The European Central Bank's chief economist expressed concerns about inflation, and Ireland's central bank chief suggested further tightening might be necessary. Bundesbank President Joachim Nagel noted the challenges in reaching the inflation target.

European Stocks Bounce Back on Thursday

European equity markets fluctuated on Thursday as investors assessed the global economic and monetary policy outlook. The European Central Bank's chief economist expressed concerns about inflation, and Ireland's central bank chief suggested further tightening might be necessary. Bundesbank President Joachim Nagel noted the challenges in reaching the inflation target. No significant economic data was released. In corporate news, Deutsche Telekom AG raised its 2023 guidance after strong third-quarter profits, while Henkel slightly improved its yearly outlook. WH Smith and ArcelorMittal exceeded profit expectations, but Merck anticipated lower-than-targeted full-year operating earnings.

European Stocks Struggle for Direction

European equity markets were set for a muted open on Thursday as investors continued to assess the economic and monetary policy outlook globally. On Wednesday, the European Central Bank’s chief economist said he had not seen enough progress in taming inflation. Ireland’s central bank chief Gabriel Makhlouf also said further tightening should not be excluded, while Bundesbank President Joachim Nagel said the “late mile” to inflation target may be the toughest. There are no major data releases on Thursday. Meanwhile, earnings are set to come from Deutsche Telekom, Henkel, Merck, WH Smith and ArcelorMittal, among others. DAX and Stoxx 600 futures were flat in premarket trade, while FTSE 100 futures rose 0.2%.

European Markets Set for Muted Open

European shares reversed early losses to trade higher on Wednesday, with Frankfurt's DAX 40 rising by 0.9% to its highest level since October 12th, as investors digested a slew of remarks from central bank officials, economic data, and corporate results. ECB chief economist Lane mentioned that progress in curbing underlying inflation was not yet sufficient, while policymaker Makhlouf acknowledged that a significant portion of the tightening measures had yet to be implemented. Nagel stated that it was too early to discuss rate cuts. Elsewhere, Chair Powell did not make any comments on interest rates or the economy during his appearance at a Fed's press conference. In the meantime, data indicated that Eurozone retail sales had declined for a third consecutive month in September, while inflation expectations had risen sharply. In corporate news, E.ON stated that it expects a significant impact on Q4 profit in its retail division, while Commerzbank's net profit had more than tripled in Q3.

European Stocks Rebound in Afternoon Trade

European equity markets traded lower on Wednesday, with the German DAX and the benchmark Stoxx 600 both down 0.4% amidst concerns about higher interest rates, as the earnings season continued. In terms of corporate earnings, Germany's second-largest bank Commerzbank reported that its net profit more than tripled in the third quarter. Similarly, France's second-largest bank Credit Agricole and Dutch lender ABN Amro exceeded earnings expectations. Marks & Spencer also reinstated a dividend for the first time since 2019. Conversely, Adidas posted a decline in both net profits and sales.

European Stocks Extend Losses on Wednesday

European equity markets were headed for a lower open on Wednesday as caution dominated sentiment ahead of US Federal Reserve Jerome Powell’s speech, which could guide the outlook for interest rates. Investors also look ahead to a slew of earnings reports from major European firms including Commerzbank, Credit Agricole, Marks and Spencer, Telefonica and ABN Amro. On the data front, markets will assess Eurozone retail sales data for September. DAX futures fell 0.5% in premarket trade, while Stoxx 600 and FTSE 100 futures were down about 0.4%.

European stock markets saw losses trimmed but remained in negative territory for a second consecutive session on Tuesday, with Frankfurt's DAX 40 hovering near the flat line at 15,130 points, and the pan-European STOXX 600 down about 0.1%. Energy stocks were among the poorest performers as oil prices dropped by more than 2%. On the corporate front, Daimler Truck Holding was down 3.9% after the German truckmaker missed Q3 sales and earnings expectations, while Deutsche Boerse surged by 3.7% after announcing it expects revenues to grow by around 10% annually on average through 2026. Elsewhere in Europe, UBS reported a loss of $785 million in Q3, primarily due to expenses related to its acquisition of Credit Suisse, but the bank indicated stabilization in its core wealth business. On the economic front, German industrial output contracted by 1.4% in September, marking the fourth consecutive period of decline and surpassing market expectations.

European Shares Trim Losses in Afternoon Trade

European equity markets were slightly down on Tuesday, with Frankfurt's DAX 40 falling 0.3% to 15,090 points, following the release of a slew of corporate earnings and economic indicators. In European corporate news, Daimler Truck Holding's third-quarter revenues and earnings came in below market expectations, while Amadeus IT easily beat forecasts. UBS reported a loss of $785 million in the third quarter, largely stemming from expenses related to its acquisition of Credit Suisse. However, the company signaled stabilization in its core wealth business. On the economic front, German industrial output contracted by 1.4% in September, marking the fourth consecutive period of decline and surpassing market expectations. Meanwhile, in the UK, house prices saw a 1.1% rise in October, supported by a limited supply of homes. Additionally, China's trade data revealed a larger-than-anticipated drop in exports and an unexpected rebound in imports.

European Stocks Slightly Down for 2nd Day

European equity markets were headed for a lower open on Tuesday as caution dominated sentiment globally, with a rebound in the dollar and Treasury yields putting downward pressure on equities. Investors will assess a raft of economic reports in the region including Eurozone producer inflation and German industrial production data. On the corporate front, UBS reported a larger-than-expected third quarter net loss of $785 million amid the ongoing integrations of troubled rival Credit Suisse. Deutsche Post, Metro Bank and Associated British Foods will also report earnings today. DAX and Stoxx 600 futures fell 0.4% in premarket trade, while FTSE 100 futures lost 0.2%.

European equity markets were little changed on Monday, with Frankfurt's DAX retreating 0.4% and the pan-European STOXX 600 losing about 0.1%. Investors took a breather following a recent rally that propelled stocks to post their most significant weekly gain since March, driven by indications of a potential conclusion to monetary policy tightening by major central banks. In European corporate news, Ryanair forecast a record annual profit and promised to pay investors a regular dividend for the first time. Meanwhile, postal firm PostNL said it expected annual operating profit at the low end of its forecast after reporting a quarterly loss. In another development, the Italian telecoms operator approved the €19 billion sale of Telecom Italia's fixed-line network to US private equity firm KKR. On the economic data front, German factory orders edged up 0.2% in September, easily beating the market consensus of a 1% drop.

European Stocks Start Week Lower

European equity markets were little-changed on Monday, with both Frankfurt's DAX 40 and the pan-European STOXX 600 gaining about 0.1%. Investors took a breather following a recent rally that propelled stocks to post their most significant weekly gain since March, driven by indications of a potential conclusion to monetary policy tightening by major central banks. In European corporate news, Ryanair forecast a record annual profit and promised to pay investors a regular dividend for the first time. Meanwhile, postal firm PostNL said it expected annual operating profit at the low end of its forecast after reporting a quarterly loss. In another development, the Italian telecoms operator approved the €19 billion sale of Telecom Italia's fixed-line network to US private equity firm KKR. On the economic data front, German factory orders edged up 0.2% in September, easily beating the market consensus of a 1% drop.

European Shares Little Changed After Last Week's Rally

European equity markets were set for a muted open on Monday after posting strong gains last week driven by solid earnings and a dovish tilt from major central banks. Investors will also assess a slew of economic reports including German factory orders and Spanish consumer confidence data on Monday. On the corporate front, earnings are set to come from Ryanair. DAX, Stoxx 600 and FTSE 100 futures drifted flat to slightly positive in premarket trade.

European stocks closed higher on Friday, extending the sharp gains from earlier in the week as softer-than-expected labor data from the United States aligned with the Federal Reserve’s signal that it may be done with rate hikes this cycle, extending the respite for government bonds worldwide and supporting risk sentiment for global equities. The Dax added 0.3% in the session to total a 3.4% jump on the week, while the pan-European Stoxx 600 advanced 0.2% to also advance 3.4% since last Friday. On the corporate front, BMW added 2.4% after beating analysts’ expectations for third-quarter results. Meanwhile, France's Societe Generale reported quarterly earnings that surpassed forecasts, and Swiss Re returned to profitability in the first nine months of the year. On the other hand, Maersk plunged 12.7% after announcing that full-year profits should come at the lower end of previous forecast ranges, in addition to cutting 10,000 jobs.

European Shares Close Week Sharply Higher

European stocks extended their gains on Friday afternoon, with Frankfurt's DAX gaining 0.5% to reach its highest level since October 17th, as weaker-than-expected US jobs data bolstered the view that the Fed is done with rate hikes. On the corporate earnings front, German automaker BMW exceeded expectations with its Q3 revenues and earnings performance. Meanwhile, France's Societe Generale reported quarterly earnings that surpassed forecasts, and Swiss Re returned to profitability in the first nine months of the year. On the other hand, shipping conglomerate A.P. Moller-Maersk announced that it expects its full-year operating profit to fall at the lower end of its projected range and plans to cut 10,000 jobs. European bourses headed for their fifth consecutive day of gains and their best week since March, as investors believe that interest rates at major central banks, including the ECB, Bank of England and the Fed, may have reached their peak.

European Shares Extend Gains on US Jobs Data

European stocks rose on Friday, building on the previous day's 1.6% surge and on track for a fifth consecutive day of gains, as investors believe that interest rates may have reached their peak, with both the Federal Reserve and the Bank of England following the European Central Bank's lead by maintaining steady rates. Attention has now shifted to the US October payrolls report, due later today, which is anticipated to show a gradual easing in labor market conditions. On the corporate earnings front, German automaker BMW exceeded expectations with its Q3 revenues and earnings performance. Meanwhile, France's Societe Generale reported quarterly earnings that surpassed forecasts and Swiss Re returned to profitability in the first nine months of the year. On the other hand, shipping conglomerate A.P. Moller-Maersk announced that it expects its full-year operating profit to fall at the lower end of its projected range and plans to cut 10,000 jobs. The DAX 40 added 0.2% at 15,180 points.

European Shares Rise on Hopes That Rates Have Peaked

European equity markets were set for a higher open on Friday, extending a recent rally as growing expectations that US interest rates have peaked and declining Treasury yields boosted appetite for risk assets. Investors now look ahead to the monthly US jobs report to guide the outlook further. Meanwhile, investors will assess a slew of economic reports in the region including Eurozone unemployment rate and German trade data. On the corporate front, European firms set to report earnings today include BMW, Vonovia, Fresenius, Intesa Sanpaolo and Maersk, among others. DAX and Stoxx 600 futures were up about 0.3% in premarket trade, while FTSE 100 futures rose 0.1%.

European Markets Set for Higher Open

In Frankfurt,  the DAX Index rose 215 points or 1.44 percent on Thursday. Leading the gains are Siemens Energy (6.42%), Fresenius (5.60%) and Porsche AG (5.28%).

The DAX Index Closes 1.44% Higher

European stock markets extended gains for a fourth session on Thursday, their best run since July, as the Federal Reserve’s signal that it may refrain from raising interest rates further supported equities worldwide. Frankfurt’s DAX 40 added 1.5%, while the pan-European Stoxx 600 jumped 1.6%. Likewise, the Bank of England maintained rates at a 15-year high, trimming worries of tighter financial conditions. The results drove government bonds to rally and enjoy some respite from their plunges in October, enabling higher risk sentiment and triggering sharp gains for rate-sensitive sectors, including real estate and tech. On the earnings front, Lufthansa reported quarterly profits slightly above analysts' consensus, while Hugo Boss's third-quarter sales and operating profit met market expectations. Novo Nordisk also beat expectations by a large margin, warranting a 3.5% increase in the session to approach their record high from three weeks prior.

European Stocks Book Sharp Gains on Thursday

In Frankfurt,  the DAX Index is picking up 169 points or 1.14 percent on Thursday. Gains are led by Siemens Energy (4.14%), Fresenius (3.33%) and Adidas (2.69%).

The DAX Index Opens 1.14% Higher

European equity markets traded in the green on Thursday, with Frankfurt's DAX 40 gaining 0.7%, following the Federal Reserve's decision to keep rates unchanged and Chair Jerome Powell's comments, which further solidified market expectations that US rates have reached their peak. Investors are now looking ahead to the Bank of England’s policy decision later today, widely anticipating that they will maintain rates at a 15-year high. In European corporate news, Lufthansa reported quarterly profits slightly above analysts' consensus, while Hugo Boss' Q3 sales and operating profit met market expectations. Sainsbury's forecasts FY profit at the upper end of previous guidance, reporting flat profit for the first half. Norwegian Air, ING, and Novo Nordisk have also reported strong results, while Zalando announced that it expects a decline in sales for 2023.

European Shares Rise on Dovish Fed

European equity markets were headed for higher open on Thursday, tracking a rally in global markets as risk appetite returned to the markets after the US Federal Reserve kept interest rates unchanged for the second time and the 10-year US yield fell to a two-week low. Investors now look ahead to the Bank of England’s policy decision later today, where it is widely expected to follow the European Central Bank and the Fed in keeping rates steady. On the corporate front, British oil giant Shell posted a $6.2 billion profit for the third quarter amid higher energy prices and refining margins, in line with expectations. DAX and Stoxx 600 futures jumped about 0.6% in premarket trade, while FTSE 100 futures gained 0.4%.

European Markets Head for Higher Open

In Frankfurt,  the DAX Index gained 104 points or 0.70 percent on Wednesday. Gains were led by Hannover Rueck (2.88%), Sartorius (2.67%) and MTU Aero Engines AG (1.86%). Biggest losers were BASF (-3.00%), Siemens Energy (-1.10%) and Daimler Truck Holding AG (-1.08%).

The DAX Index Closes 0.70% Higher

European equity markets extended their gains on Wednesday afternoon, trying to rebound from their worst monthly performance in over a year in October. Frankfurt's DAX 40 added 0.8% to reach 14,920 points, and the pan-European STOXX 600 gained about 0.9%, reaching 437 points, as the US Federal Reserve is widely expected to keep interest rates unchanged at the end of its two-day meeting today. Additionally, ECB vice-president Luis de Guindos welcomed the fall in Eurozone inflation in October, but policymaker Joachim Nagel noted the importance of maintaining interest rates at a sufficiently high level for an extended period. In European corporate news, British retailer Next raised its full-year profit outlook and drugmaker GSK also increased its full-year profit and sales forecasts. Barry Callebaut posted full-year results in line with expectations, while Orsted reported a Q3 loss that was larger than expected. Skanska's operating earnings also fell well below expectations.

European Shares Extend Gains Ahead of Fed

European stock markets traded slightly higher Wednesday, despite a relatively light economic calendar, as investors were eagerly awaiting the latest policy updates from the US Federal Reserve due later in the day. While the US central bank is widely expected to keep interest rates unchanged, all eyes will be on Jerome Powell's comments, which are poised to provide insights into the future trajectory of monetary policy. Elsewhere, Tokyo issued a cautionary note, expressing readiness to respond to the sharp decline of the yen that touched recently a one-year low, and data from China revealed a contraction in the manufacturing sector for the month of October. Both Frankfurt's DAX 40 and the pan-European STOXX 600 added about 0.3%.

European Shares Slightly Up Ahead of Fed Decision

European equity markets were headed for a higher open on Wednesday, extending recent gains as investors look ahead to the US Federal Reserve’s policy decision, where it is expected to hold interest rates steady. Meanwhile, data released on Tuesday showed that Eurozone inflation fell to a two-year low of 2.9% in October, while the region’s economy contracted by 0.1% in the third quarter. Those figures justified the European Central Bank’s decision to pause its tightening campaign at its October policy meeting. On the corporate front, earnings are set to come from Metro Bank, GSK, Aston Martin, Next and Wolters Kluwer, among others. DAX futures jumped 0.6%, Stoxx 600 futures gained 0.5% and FTSE 100 futures were up 0.4% in premarket trade..

European stocks closed higher on Tuesday, extending the traction from the prior session as investors assessed key macroeconomic data and the latest earnings reports for gauges on the policy path for the European Central Bank. Frankfurt’s DAX added 0.6% and the pan-European Stoxx 600 advanced 0.5%. The Eurozone’s inflation rate cooled more than expected in October, slowing to an over-two-year low of 2.9%, while the currency bloc's GDP unexpectedly contracted in the third quarter. The results strengthened the ECB’s case against overtightening monetary policy, lending some support to local equity markets. On the corporate front, German chemicals maker BASF closed the session nearly 5% higher despite reporting a drop in Q3 core earnings. Still, the Stoxx 600 booked its worst monthly performance since September 2022.

European Stocks Close on the Green

European stocks rose on Tuesday, with Frankfurt's DAX 40 advancing 0.6% and the pan-European STOXX 600 gaining approximately 0.7% as investors absorbed a plethora of earnings reports and economic data. German chemicals maker BASF reported a drop in Q3 core earnings and downgraded its full-year guidance, while Uniper swung to a nine-month net profit of €9.77 billion. Elsewhere in Europe, London-listed BP's Q3 earnings fell short of analysts' forecasts, Spain's BBVA posted a 13% rise in net profit, and Finland's Wartsila exceeded Q3 result estimates. On the economic data front, German retail sales unexpectedly declined in September due to persistently high inflation, while the Eurozone's inflation rate cooled more than expected in October, reaching an over two-year low of 2.9%. For the month, the STOXX 600 was on track for its worst monthly performance since September 2022.

European Shares Rise but Still Head for Monthly Loss

European equity markets traded near the flat line on Tuesday, with Frankfurt's DAX 40 edging 0.2% higher, and the pan-European STOXX 600 remaining relatively unchanged as investors digested a slew of earnings reports and economic data. German chemicals maker BASF sees its 2023 profit at the bottom of its target range and warns of higher global uncertainties after the company's Q3 results missed expectations. Uniper swung to a nine-month net profit of €9.77 billion, boosted by falling gas prices that positively impacted future provisions. Elsewhere in Europe, London-listed BP's Q3 earnings missed analysts' forecasts, while Spain's BBVA posted a 13% rise in net profit. On the economic data front, German retail sales fell unexpectedly in September, while import prices declined less than forecast. France's inflation rate eased to 4% in October, in line with expectations.

European Shares Little-Changed on Earnings, Data

European equity markets were headed for a muted open on Tuesday as investors looked ahead to key economic data in the region, namely preliminary Eurozone inflation data for October and gross domestic product for the third quarter. Investors also positioned cautiously ahead of monetary policy decisions from the US Federal Reserve and the Bank of England this week. In Asia, the Bank of Japan largely kept an accommodative policy stance, although it made further adjustments to yield curve controls. DAX, Stoxx 600 and FTSE 100 futures drifted flat to slightly positive in premarket trade.

European Markets Head for Muted Open

European stocks trimmed gains during Monday afternoon, with Frankfurt's DAX 40 hovering close to a 10-month low of 14,700 points. The pan-European STOXX 600 managed to gain about 0.5%, as bond yields eased, and investors processed remarks from ECB policymakers, alongside positive data from Germany. ECB governing council members Simkus and Kazimir cautioned against declaring victory over inflation too soon and deemed discussions about rate cuts in the first half of next year as premature. Meanwhile, economic data revealed a milder-than-anticipated contraction in Germany's economy and a decrease in inflationary pressures. Elsewhere, investors geared up for a week filled with significant policy events, including monetary policy decisions from the US Fed, Bank of Japan, and Bank of England. In corporate news, shares of Siemens Energy rose approximately 3% as discussions with Berlin continued regarding approximately €15 billion in project-related guarantees over the weekend.

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