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European stocks higher as the trade truce between the US and China fuels risk-on sentiment today

Dec 03, 2018

 

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

European Markets

  • European stocks are advancing this morning in sympathy with Asian stocks as the trade truce between the US and China fueling the risk-on sentiment today
  • The Euro Stoxx 600 is currently up +1.49%, the FTSE 100 is higher by +1.97%, the DAX has advanced +2.36%, and the CAC 40 has risen +1.26%
  • Investor sentiment for European stocks is positive with the advance/decline ratio for the Euro Stoxx 600 currently at 4.41x
  • Basic Resources (+4.63%), Automobiles & Parts (+3.58%), and Technology (+2.65%) stocks are the top performers in the Euro Stoxx 600 today
  • Real Estate (-0.19%), Food & Beverage (-0.14%), and Telecommunications (-0.07%) stocks are the worst performers in the Euro Stoxx 600 today
  • 30 stocks in the Euro Stoxx 600 are at 4-week highs while 74 stocks are at 4-week lows
  • 13 stocks in the Euro Stoxx 600 are overbought while 33 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 16.58 after closing at 18.49 yesterday

What is Going on with European Currencies?

  • EUR€ is currently little changed against the USD$ at 1.1332
  • GBP£ is currently down -0.227% against the USD$ to 1.272
  • CHF is currently little changed against the USD$ at 1.0011

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are lower with yields up 0.7 basis points to 0.32%
  • German 10-Year Bunds are lower with yields up 0.7 basis points to 0.32%
  • French 10-Year Government Bonds are lower with yields up 1.1 basis points to 0.695%
  • UK 10-Year GILTs are higher with yields down -1.7 basis points to 1.347%
  • Italian 10-Year Government Bonds are higher with yields down -5.8 basis points to 3.155%
  • Spanish 10-Year Government Bonds are higher with yields down -0.7 basis points to 1.495%
     

 

 

 

Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D % Chg Volume
Bayerische Motoren Werke AG Utilities 76.5 6.00%         2,059,344.00
Daimler AG Consumer Staples 52.5 5.68%               3,586,317
Kering SA Consumer Staples 403 4.95%                  223,706
LVMH Moet Hennessy Louis Vuitton SE Consumer Discretionary 262 3.86%                  633,359
Volkswagen AG Consumer Staples 154 3.80%                  920,966
 
Underperformers Sector Price 1D % Chg Volume
Vinci SA Consumer Discretionary 75.5 -2.08%                  759,774
Sanofi Consumer Discretionary 78.8 -1.29%                  955,812
Unibail-Rodamco-Westfield Telecommunication Services 150 -0.84%                  236,692
Danone SA Financials 65.7 -0.61%                  644,565
Koninklijke Ahold Delhaize NV Consumer Discretionary 22.6 -0.44%               1,639,957