blog

Latest from the Quantamize Blog

European stocks drifting higher in directionless trading ahead of the Fed decision later today

Sep 26, 2018

Start Your Free Trial Today

 

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

European Markets

  • European stocks are up a touch in directionless trading ahead of the Fed decision this afternoon
  • The Euro Stoxx 600 is currently up +0.05%, the FTSE 100 is higher by +0.11%, the DAX has fallen -0.12%, and the CAC 40 has risen +0.33%
  • Investor sentiment for European stocks is negative with the advance/decline ratio for the Euro Stoxx 600 currently at 0.94x
  • Food & Beverage (+0.53%), Real Estate (+0.48%), and Utilities (+0.42%) stocks are the top performers in the Euro Stoxx 600 today
  • Automobiles & Parts (-0.97%), Basic Resources (-0.36%), and Technology (-0.35%) stocks are the worst performers in the Euro Stoxx 600 today
  • 78 stocks in the Euro Stoxx 600 are at 4-week highs while 46 stocks are at 4-week lows
  • 38 stocks in the Euro Stoxx 600 are overbought while 19 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 13.03 after closing at 13.16 yesterday

What is Going on with European Currencies?

  • EUR€ is currently down -0.178% against the USD$ to 1.1746
  • GBP£ is currently down -0.258% against the USD$ to 1.315
  • CHF is currently down -0.347% against the USD$ to 1.0326

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are higher with yields down -1.1 basis points to 0.532%
  • German 10-Year Bunds are higher with yields down -1.1 basis points to 0.532%
  • French 10-Year Government Bonds are higher with yields down -0.9 basis points to 0.847%
  • UK 10-Year GILTs are higher with yields down -2.8 basis points to 1.604%
  • Italian 10-Year Government Bonds are higher with yields down -7.1 basis points to 2.807%
  • Spanish 10-Year Government Bonds are higher with yields down -1.7 basis points to 1.509%

Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D % Chg Volume
Air Liquide SA Materials 112 1.91%            485,306.00
Airbus SE Industrials 107 1.45%            347,870.00
E.ON SE Utilities 8.98 1.39%         3,243,987.00
Engie SA Utilities 12.4 1.27%         1,444,265.00
Unibail-Rodamco-Westfield Real Estate 176 1.24%               63,017.00
 
Underformers Sector Price 1D % Chg Volume
Bayerische Motoren Werke AG Consumer Discretionary 77.5 -1.87%         1,770,943.00
BASF SE Materials 78.4 -1.79%         1,058,428.00
ASML Holding NV Information Technology 160 -1.24%            420,132.00
Daimler AG Consumer Discretionary 54.2 -1.04%         2,487,348.00
Deutsche Bank AG Financials 10.3 -0.98%         3,668,977.00