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European stocks are lower today once again on trade tensions, on pace for worst week since March

Sep 07, 2018

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*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

European Markets

  • The suspense over what will be the next tariff move is weighing on European stocks and profit taking is once again the main theme
  • The Euro Stoxx 600 is currently down -0.21%, the FTSE 100 has declined -0.54%, the DAX has fallen -0.27%, and the CAC 40 is lower by -0.11%
  • Investor sentiment for European stocks is negative with the advance/decline ratio for the Euro Stoxx 600 currently at 0.47x
  • Telecommunications (+0.73%), Real Estate (+0.22%), and Health Care (+0.21%) stocks are the top performers in the Euro Stoxx 600 today
  • Banks (-0.97%), Travel & Leisure (-0.76%), and Financial Services (-0.74%) stocks are the worst performers in the Euro Stoxx 600 today
  • 15 stocks in the Euro Stoxx 600 are at 4-week highs while 200 stocks are at 4-week lows
  • 6 stocks in the Euro Stoxx 600 are overbought while 82 stocks are oversold according to the 16-day RSI Measure
  • VSTOXX, the European stocks equivalent of the VIX, is little changed this morning and is currently at 16.74 after closing at 17.1 yesterday

What is Going on with European Currencies?

  • EUR€ is currently little changed against the USD$ at 1.1634
  • GBP£ is currently up +0.565% against the USD$ to 1.3003
  • CHF is currently little changed against the USD$ at 1.0363

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are lower with yields up 1.5 basis points to 0.37%
  • German 10-Year Bunds are lower with yields up 1.5 basis points to 0.37%
  • French 10-Year Government Bonds are lower with yields up 1.1 basis points to 0.71%
  • UK 10-Year GILTs are lower with yields up 2.5 basis points to 1.44%
  • Italian 10-Year Government Bonds are higher with yields down -6.9 basis points to 2.99%
  • Spanish 10-Year Government Bonds are higher with yields down -0.5 basis points to 1.44%

Euro Stoxx 50 Movers

In local currency.
On Mobile/Tablet scroll to the right.

Outperformers Sector Price 1D % Chg Volume
Safran SA Industrials 118 1.46%            569,098.00
Deutsche Telekom AG Telecommunication Services 13.6 1.34%         3,350,548.00
SAP SE Information Technology 99.8 1.03%            862,504.00
Orange SA Telecommunication Services 13.6 1.00%         1,872,077.00
Koninklijke Philips NV Health Care 37.5 0.79%            641,019.00
 
Underformers Sector Price 1D % Chg Volume
Bayer AG Health Care 72.2 -3.58%         2,917,435.00
ING Groep NV Financials 11.1 -3.50%      12,487,128.00
Schneider Electric SE Industrials 66 -2.74%         1,063,142.00
Deutsche Bank AG Financials 9.58 -1.89%         8,091,510.00
ASML Holding NV Information Technology 157 -1.59%            963,684.00