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European stocks are lower as the global risk-off sentiment continues, bond yields march higher and projections of German economic growth lowered

Oct 05, 2018

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

European Markets

  • European stocks are declining this morning, markets are on pace for the biggest weekly loss in a month with traders awaiting the release of the US payrolls data for September
  • Insider reports from the German economic Ministry are lowering growth projections to 1.7-1.8% from 2.1% for the year 
  • The Euro Stoxx 600 is currently down -0.43%, the FTSE 100 has declined -0.57%, the DAX has fallen -0.59%, and the CAC 40 is lower by -0.34%
  • Investor sentiment for European stocks is negative with the advance/decline ratio for the Euro Stoxx 600 currently at 0.33x
  • Media (+0.24%), Real Estate (+0.13%), and Telecommunications (-0.02%) stocks are the top performers in the Euro Stoxx 600 today
  • Basic Resources (-1.8%), Technology (-1.4%), and Automobiles & Parts (-0.86%) stocks are the worst performers in the Euro Stoxx 600 today
  • 48 stocks in the Euro Stoxx 600 are at 4-week highs while 145 stocks are at 4-week lows
  • 18 stocks in the Euro Stoxx 600 are overbought while 54 stocks are oversold according to the 16-day RSI Measure
  • VSTOXX, the European stocks equivalent of the VIX, is  moving down this morning and is currently at 14.23 after closing at 16.02 yesterday

What is Going on with European Currencies?

  • EUR€ is currently little changed against the USD$ at 1.1498
  • GBP£ is currently little changed against the USD$ at 1.3037
  • CHF is currently down -0.238% against the USD$ to 1.006

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are lower with yields up 1.8 basis points to 0.549%
  • German 10-Year Bunds are lower with yields up 1.8 basis points to 0.549%
  • French 10-Year Government Bonds are lower with yields up 1.7 basis points to 0.891%
  • UK 10-Year GILTs are lower with yields up 1.2 basis points to 1.681%
  • Italian 10-Year Government Bonds are lower with yields up 8.6 basis points to 3.415%
  • Spanish 10-Year Government Bonds are lower with yields up 0.6 basis points to 1.569%

Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D % Chg Volume
Eni SpA Energy 16.6 1.67%         6,064,682.00
Safran SA Industrials 117 0.78%            201,453.00
L'Oreal SA Consumer Staples 202 0.75%            152,031.00
Koninklijke Ahold Delhaize NV Consumer Staples 19.2 0.67%            873,956.00
Anheuser-Busch InBev SA/NV Consumer Staples 76.10 0.63%            452,272.00
 
Underformers Sector Price 1D % Chg Volume
Intesa Sanpaolo SpA Financials 2.1 -2.98%      62,314,299.00
Cie de Saint-Gobain Industrials 35.4 -1.87%            577,088.00
Fresenius SE & Co KGaA Health Care 68.7 -1.29%            403,999.00
Deutsche Post AG Industrials 29.7 -1.26%            755,761.00
Volkswagen AG Consumer Discretionary 150 -1.25%            359,349.00