blog

Latest from the Quantamize Blog

European stocks lower, global sell-off gains speed, weak growth outlook fuels risk-off trades

Nov 20, 2018

 

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

Market data as of 8am EST

European Markets

  • European stocks are lower across the board, caught in the global stock downdraft led by tech shares, as trade tensions and weak growth outlook fuel risk-off sentiment
  • The Euro Stoxx 600 is currently down -0.47%, the FTSE 100 has declined -0.12%, the DAX has fallen -0.72%, and the CAC 40 is lower by -0.66%
  • The Stoxx Europe 600 is at its lowest level in more than 3 weeks 
  • Investor sentiment for European stocks is negative with the advance/decline ratio for the Euro Stoxx 600 currently at 0.31x
  • Health Care (+0.37%), Utilities (+0.35%), and Oil & Gas (+0.29%) stocks are the top performers in the Euro Stoxx 600 today
  • Technology (-1.96%), Banks (-1.36%), and Media (-1.34%) stocks are the worst performers in the Euro Stoxx 600 today
  • 36 stocks in the Euro Stoxx 600 are at 4-week highs while 76 stocks are at 4-week lows
  • 12 stocks in the Euro Stoxx 600 are overbought while 62 stocks are oversold according to the 16-day RSI Measure
  • VSTOXX, the European stocks equivalent of the VIX, is down 0.49 points today at 17.57 after closing at 18.07 yesterday

What is Going on with European Currencies?

  • EUR€ is currently down -0.175% against the USD$ to 1.1434
  • GBP£ is currently little changed against the USD$ at 1.2854
  • CHF is currently little changed against the USD$ at 1.0075

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are higher with yields down -1.2 basis points to 0.361%
  • German 10-Year Bunds are higher with yields down -1.2 basis points to 0.361%
  • French 10-Year Government Bonds are higher with yields down -1.3 basis points to 0.767%
  • UK 10-Year GILTs are lower with yields up 1.4 basis points to 1.392%
  • Italian 10-Year Government Bonds are higher with yields down -1 basis points to 3.587%
  • Spanish 10-Year Government Bonds are lower with yields up 0.1 basis points to 1.651%
     

 

 

 

Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D % Chg Volume
Enel SpA Utilities 4.65 1.97%            28,988,692
E.ON SE Utilities 9.29 0.84%               3,293,388
Danone SA Consumer Staples 65.2 0.71%                  564,486
Volkswagen AG Consumer Discretionary 144.10 0.64%                     62,370
Sanofi Health Care 78.94 0.52%                  588,511
 
Underperformers Sector Price 1D % Chg Volume
ASML Holding NV Information Technology 140 -2.95%                  913,303
Fresenius SE & Co KGaA Health Care 50.2 -2.80%               1,093,238
Nokia OYJ Information Technology 4.91 -2.80%               6,717,249
Deutsche Bank AG Financials 8.35 -2.56%            12,149,484
BASF SE Materials 67.5 -2.20%               2,244,599