blog

Latest from the Quantamize Blog

European stocks directionless as ECB announces it will look at bank lending at its next meeting

Feb 21, 2019

 

With Quantamize AI Machine Learning, Research has never been easier.With Quantamize AI Machine Learning, Research has never been easier.
With Quantamize AI Machine Learning, Research has never been easier.With Quantamize AI Machine Learning, Research has never been easier.

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

European Markets

  • European stocks are flat mid-session with little direction as the ECB announces it will look at bank lending at its next meeting
  • The Euro Stoxx 600 is currently down -0.11%, the FTSE 100 has declined -0.58%, the DAX has advanced +0.42%, and the CAC 40 has risen +0.07%
  • Investor sentiment for European stocks is neutral with the advance/decline ratio for the Euro Stoxx 600 currently at 1.17x
  • Food & Beverage (+0.64%), Insurance (+0.43%), and Media (+0.47%) stocks are the top performers in the Euro Stoxx 600 today
  • Banks (-1.61%), Telecommunications (-0.68%), and Travel & Leisure (-0.72%) stocks are the worst performers in the Euro Stoxx 600 today
  • 161 stocks in the Euro Stoxx 600 are at 4-week highs while 20 stocks are at 4-week lows
  • 74 stocks in the Euro Stoxx 600 are overbought while 3 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 14.19 after closing at 14.27 yesterday

What is Going on with European Currencies?

  • EUR€ is currently little changed against the USD$ at 1.1346
  • GBP£ is currently little changed against the USD$ at 1.3054
  • CHF is currently little changed against the USD$ at 0.9988

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are lower with yields up 2.4 basis points to 0.124%
  • German 10-Year Bunds are lower with yields up 2.4 basis points to 0.124%
  • French 10-Year Government Bonds are lower with yields up 1 basis points to 0.536%
  • UK 10-Year GILTs are lower with yields up 2.4 basis points to 1.205%
  • Italian 10-Year Government Bonds are higher with yields down -5 basis points to 2.81%
  • Spanish 10-Year Government Bonds are higher with yields down -0.6 basis points to 1.194%

 

 

Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions
Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions

 

Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D % Chg Volume
Fresenius SE & Co KGaA Telecommunication Services 50 2.16%                  871,158
Linde PLC Real Estate 152 2.01%                  161,329
AXA SA Health Care 21.5 1.72%               4,500,430
Iberdrola SA Consumer Staples 7.42 1.34%               4,336,179
Danone SA Financials 67.7 1.23%                  573,812
 
Underperformers Sector Price 1D % Chg Volume
BNP Paribas SA Financials 41.6 -2.15%               1,831,438
Orange SA Materials 13.3 -2.09%               5,984,070
Societe Generale SA Energy 25 -1.32%               1,214,435
Anheuser-Busch InBev SA/NV Energy 67.9 -1.26%                  410,254
Deutsche Telekom AG Financials 14.4 -1.23%               6,492,948
Stock Research ReportsConcise quantitative company reports highlighting stocks from OUR 17 GLOBAL MODELS
Stock Research ReportsConcise quantitative company reports highlighting stocks from OUR 17 GLOBAL MODELS