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European stocks trading higher on news China may cut import tariffs on goods from the majority of its trading partners by next month

Sep 20, 2018

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

European Markets

  • European stocks are trading higher today on news China may lower import tariffs on imports from the majority of its trading partners though no details were given
  • The Euro Stoxx 600 is currently up +0.52%, the FTSE 100 is higher by +0.26%, the DAX has advanced +0.54%, and the CAC 40 has risen +0.77%
  • Investor sentiment for European stocks is positive with the advance/decline ratio for the Euro Stoxx 600 currently at 2.03x
  • Banks (+1.43%), Automobiles & Parts (+1.33%), and Construction & Materials (+1.21%) stocks are the top performers in the Euro Stoxx 600 today
  • Media (-0.11%), Health Care (-0.11%), and Travel & Leisure (-0.04%) stocks are the worst performers in the Euro Stoxx 600 today
  • 91 stocks in the Euro Stoxx 600 are at 4-week highs while 71 stocks are at 4-week lows
  • 23 stocks in the Euro Stoxx 600 are overbought while 39 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 13.1 after closing at 13.53 yesterday

What is Going on with European Currencies?

  • EUR€ is currently up +0.368% against the USD$ to 1.1716
  • GBP£ is currently up +0.67% against the USD$ to 1.3232
  • CHF is currently up +0.213% against the USD$ to 1.0361

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are higher with yields down -0.4 basis points to 0.483%
  • German 10-Year Bunds are higher with yields down -0.4 basis points to 0.483%
  • French 10-Year Government Bonds are higher with yields down -0.6 basis points to 0.794%
  • UK 10-Year GILTs are higher with yields down -0.7 basis points to 1.601%
  • Italian 10-Year Government Bonds are higher with yields down -4.1 basis points to 2.811%
  • Spanish 10-Year Government Bonds are higher with yields down -2.9 basis points to 1.498%

Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D % Chg Volume
Cie de Saint-Gobain Industrials 38.1 2.64%            999,849.00
Banco Bilbao Vizcaya Argentaria SA Financials 5.72 2.16%      11,954,552.00
Banco Santander SA Financials 4.57 2.16%      15,108,589.00
Bayer AG Health Care 75.5 2.03%         1,621,022.00
Societe Generale SA Financials 37.9 1.98%         2,299,589.00
 
Underformers Sector Price 1D % Chg Volume
SAP SE Information Technology 101 -0.92%            637,629.00
Munich Re Financials 185 -0.72%            173,219.00
Koninklijke Ahold Delhaize NV Consumer Staples 19.1 -0.66%         2,574,180.00
Sanofi Health Care 74.7 -0.57%            508,756.00
Fresenius SE & Co KGaA Health Care 62 -0.48%            360,913.00