blog

Latest from the Quantamize Blog

Pay no attention to Mr D...European stocks post gains despite ECB President Draghi warning on outlook

Apr 10, 2019

Get Unbiased Quantitative Investment Research from Advanced AI Machine Learning Technology and Maximize your ReturnsGet Unbiased Quantitative Investment Research from Advanced AI Machine Learning Technology and Maximize your Returns
Get Unbiased Quantitative Investment Research from Advanced AI Machine Learning Technology and Maximize your ReturnsGet Unbiased Quantitative Investment Research from Advanced AI Machine Learning Technology and Maximize your Returns

 

scroll down for the Asian markets recap

International Stock Markets Indexes

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

European Markets Recap

  • ECB President Draghi warned the euro-area faces growing threats to its economy and said he would provide more resources to banks later in the year, if needed; European stocks shrug off the warnings and post gains
  • The IMF cut its global growth forecast to 3.3% from 3.5%, its third cut to growth in the last 6 months; this is the lowest expected growth since 2009
  • Read more on the IMF reportIMF sees more tortoise, less hare ahead; lowers global growth outlook for third time in its World Economic Outlook 
  • The IMF has frozen Venezuela's access to $400 million of special drawing rights as the political chaos there intensifies
  • The Euro Stoxx 600 closed up +0.26%, the FTSE 100 declined -0.05%, the DAX rose +0.47%, and the CAC 40 finished up +0.25%
  • Investor sentiment for European stocks finished trading positive with the advance/decline ratio for the Euro Stoxx 600 currently at 1.82x
  • Utilities (+0.7%), Banks (-0.3%), and Basic Resources (+1.01%) stocks were the top performers in the Euro Stoxx 600 today
  • Retail (+1.33%), Health Care (-0.43%), and Construction & Materials (+0.87%) stocks were the worst performers in the Euro Stoxx 600 today
  • 101 stocks in the Euro Stoxx 600 hit 4-week highs while 27 stocks closed at 4-week lows
  • 36 stocks in the Euro Stoxx 600 finished the trading session overbought while 5 stocks closed oversold according to the 16-day RSI Measure
  • VSTOXX, the European stocks equivalent of the VIX, closed  down -14.52 points today to 0 after closing at 14.52 yesterday
  • EUR€ is currently little changed against the USD$ at 1.1264

Asian Stock Markets Indexes

Asian Markets Recap

  • The Nikkei 225 finished down --0.53%, the Hang Seng ended down -0.13%, the Hang Seng China Enterprise declined -0.43%, and the CSI 300 was +0.26%
  • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.18x
  • 10 stocks in the Nikkei 225 hit 4-week highs while 51 stocks reached 4-week lows
  • 6 stocks in the Nikkei 225 closed overbought while 7 stocks closed oversold according to the 16-day RSI Measure
  • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.39x
  • 7 stocks in the Hang Seng hit 4-week highs while 2 stocks reached 4-week lows
  • 11 stocks in the Hang Seng closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure

Stocks Trending in the News

Click name for Q-Factor score and financial data

 

 

 

Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS
Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS