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European stocks rally, building on gains in US yesterday with volume 35% below average

Dec 28, 2018

 

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

European Markets

  • European stocks are advancing, building on higher US stock index futures this morning with a broad rally across Europe
  • The Euro Stoxx 600 is currently up +1.77%, the FTSE 100 is higher by +1.84%, the DAX has advanced +1.78%, and the CAC 40 has risen +1.67%
  • January 1st will mark the Euro's 20th anniversary, the currency was launched January 1, 1999 by 10 countries; today 19 of 28 EU countries use the Euro
  • Investor sentiment for European stocks is positive with the advance/decline ratio for the Euro Stoxx 600 currently at 19.69x
  • Insurance (+2.29%), Technology (+2.16%), and Oil & Gas (+2.12%) stocks are the top performers in the Euro Stoxx 600 today
  • Real Estate (+0.85%), Automobiles & Parts (+1.14%), and Travel & Leisure (+1.22%) stocks are the worst performers in the Euro Stoxx 600 today
  • 8 stocks in the Euro Stoxx 600 are at 4-week highs while 314 stocks are at 4-week lows
  • 3 stocks in the Euro Stoxx 600 are overbought while 119 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 23.37 after closing at 25.69 yesterday
  • The current price level for the VSTOXX, in spite of the rally in European stocks, remains at elevated levels

What is Going on with European Currencies?

  • EUR€ is currently up +0.157% against the USD$ to 1.1448
  • GBP£ is currently up +0.293% against the USD$ to 1.2681
  • CHF is currently up +0.711% against the USD$ to 1.0195

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are lower with yields up 0.6 basis points to 0.237%
  • German 10-Year Bunds are lower with yields up 0.6 basis points to 0.237%
  • French 10-Year Government Bonds are lower with yields up 0.5 basis points to 0.7%
  • UK 10-Year GILTs are higher with yields down -3.1 basis points to 1.278%
  • Italian 10-Year Government Bonds are higher with yields down -2 basis points to 2.728%
  • Spanish 10-Year Government Bonds are lower with yields up 2.8 basis points to 1.414%
     

 

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Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D % Chg Volume
Linde PLC Real Estate 139 3.43%                  300,248
CRH PLC Telecommunication Services 23 3.28%                  249,046
ASML Holding NV Health Care 137 3.08%                  487,513
Nokia OYJ Financials 4.96 2.63%               6,688,990
Bayer AG Information Technology 60.6 2.55%               1,387,270
 
Underperformers Sector Price 1D % Chg Volume
Enel SpA Industrials 5.07 0.48%            12,482,151
Telefonica SA Financials 7.35 0.66%               9,909,051
Vivendi SA Consumer Discretionary 21.1 0.67%               1,008,315
Danone SA Financials 60.7 0.70%                  662,725
Unibail-Rodamco-Westfield Telecommunication Services 133 0.77%                  207,016

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