Europe Market Update: Major Indices Gain As They Join US And Asia's Optimism

European markets are trading higher as they retreat from four-day losses. The upswing follows Wall Street's positive close on Thursday and gains in Asia on Friday. The Dow futures have advanced 0.15%, and the S&P 500 futures are trading 0.12% higher on last check early Friday.All major indices are trading higher in Europe with several key factors at play. The U.S. seems close to finalizing a stimulus deal, Brexit negotiation talks are continuing, and Friday's economic calendar is busy.Euro Stoxx 50 benchmark is up 0.97%, trading above the crucial 3,200 mark on Friday after plunging for four days. The consumer confidence index for October declined to minus 15.5, missing the consensus of minus 15.Europe's preliminary numbers for October's manufacturing PMI show a massive improvement to 54.4, surpassing the consensus of 53.1, and improving from 53.7 last month; the composite PMI at 49.4, inching above the consensus of 49.3; and the services PMI declining to 46.2, missing the consensus of 47.London's FTSE 100 is trading 1.14% higher at press time after solid retail sales numbers for September. Core retail sales advanced 1.6% month-over-month against a consensus of 0.5% growth and improved 4.7% year-over-year against a consensus of 3.7%. Investors will be watching preliminary PMI data for October, scheduled to release Friday. All sectors are trading in green.Germany's DAX is trading 0.95% higher at the time of publication, led by gains in all major sectors except retail. Preliminary manufacturing PMI for October improves significantly to 58, versus a consensus of 55.1; Services PMI fell to 48.9 against a consensus of 49.2; and Composite PMI came in at 54.5, better than the consensus of 53.2.France's CAC 40 index is trading 1.26% higher, with aerospace and financial stocks leading the charge. Preliminary data for October's PMI matched the expectations of 51, while the services PMI of 46.5 missed the consensus of 46.8.Spain's IBEX index has advanced 1.03% in Friday's trade at last check. All sectors are in green, with financial stocks leading the pack. There are no major economic events scheduled for Friday.Forex Trading: U.S. Dollar Index futures are trading 0.20% lower to 92.787 at last check Friday. The dollar has weakened 0.20% against the Euro to $1.1839 and 0.13% against the Sterling to $1.3098.For news coverage in Italian or Spanish, check out Benzinga Italia and Benzinga España.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Uber, Lyft Must Classify Drivers As Employees, California Appeals Court Rules * Why Progyny's Stock Is Trading Lower In Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

How Are European Markets Doing Today?

Major U.S. indices closed lower on Wednesday with the Dow losing 0.35%, the S&P 500 down 0.22%, and the Nasdaq down 0.28% as U.S stimulus negotiations did not reach a conclusive end. The presidential elections are two weeks away and the investor optimism seems to be diminishing. The Dow futures are trading 0.15% lower and the S&P 500 futures are down 0.17% early Thursday.All major indices in Europe are falling on Thursday, taking cues from Asia. Rising coronavirus cases in the continent are fueling fears of tighter restrictions, which will affect businesses.Euro Stoxx 50 benchmark is trading lower by 0.70% at press time, falling for the fourth day straight. The consumer confidence index data for October is due to release on Thursday, with an index decline consensus of minus 15.London's FTSE 100 is trading at a five-month low, down 0.38%, continuing from its sharp fall of 1.91% on Wednesday. Aerospace, consumer, and energy stocks are down, partially offset by gains in bank shares. The end of the Brexit deadline looms over the United Kingdom as the talks on a trade deal are expected to resume. Investors will be keenly watching the Bank of England Governor Andrew Bailey's speech and the industrial trends data for October. The current month's consumer confidence index data is also scheduled to release late Thursday.Germany's DAX is trading lower by 0.67%, falling for the fourth day straight. Transport, banks, energy, and software shares are dragging the index lower. Germany's consumer confidence index for November is set to decline to minus 3.1, versus a consensus of minus 2.8, according to the market research institute GfK.France's CAC 40 index is trading 0.56% lower. All major sectors are trading in red after October's business survey index declined to 93, missing the consensus of 96.Spain's IBEX index is down by 0.70% in Thursday's session after a 1.67% fall on Wednesday. Technology and consumer shares are pulling the index lower. There are no major economic events scheduled for Thursday. Forex Trading: U.S. Dollar Index futures are trading 0.21% higher to 92.793, after falling for four days. The dollar has gained 0.16% against the Euro to $1.1841 and 0.35% against the Sterling to $1.3098.For news coverage in Italian or Spanish, check out Benzinga Italia and Benzinga España.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * How Did Lam Research Perform In Q1 * Papa John's Founder Is Bearish On His Former Company(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

How Are European Markets Doing Today?

Wall Street advanced on Tuesday as the coronavirus stimulus deal got closer. U.S. futures are higher in Wednesday's early trade, with the Dow gaining 0.11% and the S&P 500 futures inching higher by 0.12% at publication time.European shares are bucking the positive trend in the U.S. and Asia by falling for the third straight day. A slew of mixed economic data across Europe, rising coronavirus cases, and comments made by the European Central Bank's (ECB) members on Tuesday are weighing on the markets.Euro Stoxx 50 benchmark is trading sharply lower by 0.81% at press time. ECB President Christine Lagarde spoke about the downside economic risk due to rising coronavirus cases on Tuesday. Investors will be watching the comments by various ECB members on Wednesday, hoping for a stimulus.London's FTSE 100 has fallen 1.2% in early trade, led by declines in stocks across most sectors. The Consumer Price Index for Britain grew 0.4% month-over-month in September, missing the consensus of 0.5% growth. Sterling Pound's strength against the Euro and the dollar are weighing on shares.The United Kindom's PPI output for September declined 0.1% month-over-month against an expected 0.1% growth. The public sector net borrowing rose sharply to £35.37 billion, missing the consensus of £32.40 billion. The Retail Price Index grew 0.3% month-over-month, missing the consensus of 0.4% growth. Investors will be watching Bank of England Deputy Governor David Ramsden's speech due late Wednesday.Germany's DAX is down by 1.05% at press time, led by a fall in media, technology, retail, and healthcare stocks.France's CAC 40 index has shed 1.16% on the last check, dragged lower by energy and healthcare shares, partially offset by gains in financials and technology shares. There are no major economic events scheduled in France for Wednesday.Spain's IBEX index is trading 0.47% lower, led by material and technology stocks. There are no major economic events scheduled in the country for Wednesday.Forex Trading: U.S. Dollar Index futures have shed 0.32% to 92.763. The dollar has weakened 0.28% against the Euro at $1.1854 and a sharp 0.79% against the Sterling to $1.3048.Currency ETFs To Watch: Invesco CurrencyShares Euro Trust ETF (NYSE: FXE), Invesco CurrencyShares British Pound Sterling Trust ETF (NYSE: FXB), and Invesco DB USD Bullish ETF (NYSE: UUP)See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Bloomberg Denies Report Of Minority Stake Sale Talks With Bill Ackman's SPAC * JPMorgan Takes Aim At Top Fintech Players' SMB Market Share(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

How Are European Markets Doing Today?

Major U.S. indices fell on Monday as the on-again-off-again hopes of a stimulus faded. The Dow lost 1.4%, the S&P shed 1.6%, and the Nasdaq declined 1.7%. All 11 S&P500 sectors ended the day lower. However, Dow futures are trading 0.47% higher and the S&P500 futures have gained 0.63% on last check Tuesday.European markets are defying the negative sentiments from the U.S. and Asia in Tuesday's early trade as all major bourse are trading higher after starting the day on a softer note.Euro Stoxx 50 benchmark is trading higher by 0.14% after Europe's construction output data for August showed 2.57% month-over-month growth on Monday. Current Account data for August showed a surplus of €19.9 billion, surpassing the expectation of €17.2 billion.London's FTSE 100 is trading 0.20% higher at press time. Gains in consumer stocks are mostly offset by declines in energy, banks, and travel stocks. Investors will be watching the house price index data scheduled to release Tuesday.Germany's DAX is trading 0.25% lower at publication time after the Producer Price Index showed 0.4% month-over-month growth in September. However, the Index declined 1% year-over-year, better than the expectation of a 1.4% decline. Automobile and tech stocks are dragging the index lower, partially offset by gains in bank stocks.France's CAC 40 index is trading 0.53% higher, led by gains in financials and technology stocks, partially offset by declines in materials and healthcare stocks. There are no major events scheduled Tuesday.Spain's IBEX index is higher by 0.45% in early trade. Sectors across the board are trading in green.Forex Trading: U.S. Dollar Index futures are trading near flat at 93.407. The dollar has weakened 0.09% against the Euro to $1.1777 but inched up against the Sterling to $1.2945.ETFs to watch Tuesday: Vanguard FTSE Europe ETF (NYSE: VGK) and SPDR Euro Stoxx 50 ETF (NYSE: FEZ), iShares MSCI United Kingdom ETF (NYSE: EWU), iShares MSCI Eurozone ETF (NYSE: EZU)See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * How Are European Markets Doing Today? * European Indices See Bloodbath Over Fading US Stimulus Hopes(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

How Are European Markets Doing Today?

Major U.S. futures are up on Monday on hopes of a stimulus before the presidential election. Dow Jones futures are trading 0.72% higher and the S&P500 futures are up 0.79% at press time. All European markets have advanced on Monday, taking cues for the economic recovery in Asia and the likelihood of Brexit trade talks during the week.Euro Stoxx 50 index is trading 0.64% higher at press time. Investors will be watching Europe's construction output data for August scheduled to release Monday, along with speeches by various members of the European Central Bank.London's FTSE 100 index is trading 0.12% higher, led by gains in aerospace and bank stocks, partially offset by a dip in travel and leisure names. Germany's DAX is has gained 0.23% in Monday's early trade, led by gains in major bank shares. Bundesbank President Jens Weidmann is scheduled to speak late Monday.France's CAC 40 index is trading 0.82% higher at publication time, led by gains in consumer, energy, and industrial stocks. There are no major economic events scheduled for Monday.Spain's IBEX index is 0.24% higher, driven by consumer and energy shares. There are no major economic events scheduled for Monday.Forex Trading: U.S. Dollar Index futures have declined 0.17% to 93.517, giving up gains in early trade. The dollar has weakened 0.16% against the Euro to $1.1738 and 0.6% against the Sterling to $1.2995.ETFs to watch Thursday: Vanguard FTSE Europe ETF (NYSE: VGK) and SPDR Euro Stoxx 50 ETF (NYSE: FEZ), iShares MSCI United Kingdom ETF (NYSE: EWU), iShares MSCI Eurozone ETF (NYSE: EZU) See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * European Indices See Bloodbath Over Fading US Stimulus Hopes * European Markets Shrug Wall Street And Asia Decline As Brexit Deadline Nears(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

European shares track Asia gains on rebound optimism

European shares crept higher on Monday, tracking gains in Asia that were fuelled by optimism over a rebound in China's economy, while investors remained cautious about a surge in domestic coronavirus cases. The pan-European STOXX 600 was up 0.3% at 07...

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