European markets close lower on German politics and trade concerns

Shares in Europe traded lower Monday as investors questioned the stability of the German government and wider trade links between the European Union and the U.S.

The pan-European Stoxx 600 fell 0.84 percent to 376.75 at the close with every sector in the red. The German Dax started the day leading the falls across the major European bourses, but finished Monday off by 0.49 percent.

In terms of sectors, Basic Resources was the worst performer, down by 2.2 percent. Industrials, Construction, and Travel & Leisure were other big losers.

Market players are waiting to hear if the German interior minister has resolved differences with Chancellor Angela Merkel on migration. Horst Seehofer, also leader of the sister party of Merkel’s CDU (Christian Democratic Union), is a key player in the current German government and his potential withdrawal could jeopardize Merkel’s future as chancellor.

Source: CNBC

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

European Markets Open Sharply Lower on Politics And Trade Concerns

Shares in Europe open sharply lower Monday morning as investors question the stability of the German government and wider trade links between the European Union and the U.S.

The pan-European Stoxx 600 was 0.6 percent off with every sector in the red.

Market players are following news that the German interior minister has offered to resign over differences with Chancellor Angela Merkel on migration. Horst Seehofer, also leader of the sister party of Merkel’s CDU (Christian Democratic Union), is a key player in the current German government and his potential withdrawal could jeopardize Merkel’s future as chancellor.

Source : CNBC

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Italian Stocks Lead Europe Lower as Politics Spook Traders

European stocks on Friday retreated from an almost-four month high as uncertainty about Italian politics contributed to a downdraft in a market already jittery over trade tensions between global superpowers China and the U.S.

The Stoxx Europe 600 index closed 0.3% lower at 394.67, breaking a three-day winning run. On Thursday, the pan-European benchmark ended at its highest level since Jan. 30, buoyed by a rally for oil-related companies.

For the week, the Stoxx 600 scored a 0.6% gain.

cyrux

ItalyA?ai??i??ai???s FTSE MIB Index slumped 1.5% to 23,449.65, as political developments in the country flustered markets. The index declined by 2.9% on the week, its largest weekly percentage decline since early March during the general election.

Source : Market Watch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

1 2 3 4