Tag Archives: DAX

DAX Surges On Speculation ECB Will Surprise Next Week

Fawad Razaqzada

It might be a data-void session and investors in the US are away for Thanksgiving holiday, but European stocks are again in a rally mode, following on from yesterday’s strong gains. Evidently, traders are speculating that a beefed-up version of ECB QE is forthcoming in a week’s time, so they are buying benchmark government bonds, causing yields to fall further into the negative. more…

Stocks: Banks Lead European Market Bounce; Earnings In Focus

Fawad Razaqzada

European stock markets have turned higher, led by banks, although HSBC’s disappointing earnings results and the underperforming mining stocks were still keeping the UK’s FTSE 100 in the negative territory as went to press. Nevertheless, investors don’t seem to be too concerned about China after the latest manufacturing PMI data there failed to provide any positive or nasty surprises. more…