Tag Archives: EUROSTOXX 50
STOXX 50 ANALYSIS
(2344)The EUROSTOXX 50 confirmed a further positive closing suggesting further upside potential for this index toward the 2400 area. The indicators of the daily chart are well positive and also those of the s/t ones are in positive territory this morning supporting a possible move up.
STOXX 50 ANALYSIS
(2335)The EUROSTOXX 50 confirmed a strong closing last night confirming the positive day reversal it formed on Monday. The indicators of the daily chart are well positive and also those of the s/t ones are above the line but they are missing to confirm strong signals.
STOXX 50 ANALYSIS
(2303)The EUROSTOXX 50 is confirming a rebound this morning after the drop yesterday that confirmed an undershooting of the 200 hours line, now again support at 2292. The indicators of the daily chart are still positive but those of the s/t ones are still showing a mixed picture.
DAX above 6000 on better than estimated PMI figures
Final German PMI Manufacturing figures beat estimate The new year is off to a good start as final PMI Manufacturing figures for December in Germany and Italy came out better than expected. Prior to these figures investors also got better than estimated PMI Manufacturing figures from China yesterday.
Early trading in the new year smells gains; China PMI above 50
Is China to reaccelerate? Yesterday the official China Manufacturing PMI for December rose above 50.3 from 49.0 in November which is a sign that China likely accelerated in December (see chart below). It is clear that China has slowed down continuously since late 2010 as the developed economies have slowed down.
Quiet markets as New Year approaches; What to watch in 2012
US wins as tough year sees end Global asset markets are quiet on this last trading day before New Year. European stocks are 0.3 percent higher, EURUSD is down 0.2 percent, gold spot is up 1.6 percent, WTI crude is unchanged and Spanish & Italian 10-year bond yields are down eight and two basis points […]
Are US consumers more positive and is manufacturing picking up?
The US economy is healing, but are consumers? The next round of US economic data starts today with S&P/CaseShiller figures on US house prices expected (14:00 GMT) to show further declines MoM in the 20 largest cities.
European Stocks Close Higher
European stocks closed higher in holiday-thinned trading Friday, helped by energy stocks such as BP PLC and drug shares like Roche Holding AG.
Stocks are riding the LTRO rollercoaster
Europe cheered and then shrugged The momentum from yesterday’s session carried into Asia overnight and Europe was building up steam (the DAX Index was up 0.9 per cent) ahead of the much anticipated 10:15 GMT announcement from the European Central Bank about allotments on its new three-year Long-Term Refinancing Operation, a programme to ease funding […]
STOXX 50 ANALYSIS
The EUROSTOXX 50 confirmed another weak also yesterday but the extension of the decline was limited. Also for this index we have a potential reversed S_H_S formation with the neck line at 2225.
STOXX 50 ANALYSIS
The EUROSTOXX 50 confirmed another weak closing on Friday below the low of the previous session suggesting further weakness toward the 2130/10 support area.
STOXX 50 ANALYSIS
The EUROSTOXX 50 formed on Friday a positive day reversal but only a daily closing tonight above 2354 will confirm a s/t bottom supporting higher levels.