Search This Blog

Jan 30, 2015

Evening Euro Markets Bulletin

 
ADVFN III Evening Euro Markets Bulletin
Daily world financial news Friday, 30 January 2015 17:33:13
Monitor Quote Charts News CFD's Spreadbetting Free BB
 
Sponsored by:
Galvan

Share Tips of the Year 2015
Discover the shares that look set to soar this year.
Click here for your FREE report.


London Market Report
To view the charts please add newsdesk@advfn.com to your contact list
FTSE 100EuronextDax perfCAC 40
Enable images to view FTSE 100 chart Enable images to view Euronext chart Enable images to view Dax perf chart Enable images to view CAC 40 chart
Please click on the images to view our interactive charts

London close: UK stocks sink on Eurozone deflation, US GDP

Macro concerns weighed on UK stock markets on Friday after Eurozone consumer prices fell more than forecasts and the rate of US economic growth slowed sharply.

London's FTSE 100 finished the session down 0.9% at 6,749, ending at its lowest close since 21 January.

The Eurozone fell further into deflation in January with consumer prices falling at an annual rate of 0.6% after a 0.2% fall the month before, worse than the 0.5% drop expected.

It marked the largest decrease since July 2009 and comes after the European Central Bank announced a €60bn a month quantitative easing package to address the risk of deflation. Policymakers are trying to move inflation towards its target of just below 2%.

Over on Wall Street, strong gains from internet heavyweights Amazon.com and Google weren't enough to keep US markets afloat after the opening bell following figures which showed that annualised gross domestic product (GDP) growth eased to just 2.6% in the final three months of 2014, from 5% the preceding quarter, Analysts had expected a slowdown to 3%.

Chris Beauchamp, market analyst at IG, said: "GDP figures from across the North American continent were below expectations, lending further weight to the idea that the previously high-achieving US economy is running into tougher going."

IAG and BT provide a drag, gold miners rise

After an initial rise, British Airways and Iberia owner IAG finished with steep losses after the news that Qatar Airways has bought a 9.99% stake in the company. While the Doha-based group said it may consider raising its interest in IAG over time, analysts at Liberum said a full takeover was "highly unlikely".

Telecoms giant BT declined despite beating analysts forecasts with a solid rise in profits in its third quarter, as it announced a new 16-year "recovery plan" to pay down its expanding pension deficit, which now stands at £7bn. The company also revealed that it would upgrade its fibre network with large-scale pilots this summer of ultrafast broadband with G.fast.

Gold miners such as Randgold Resources and Fresnillo jumped as gold prices rebounded from a two-week low.

Oil producer Afren was continuing its volatile moves, surging over 26% after extending its deadline for Seplat to make a firm offer for the UK group. The Nigerian producer now has until 13 February to 'put up or shut up'.

Market Movers
techMARK 3,050.88 -1.02%
FTSE 100 6,749.40 -0.90%
FTSE 250 16,305.77 -0.33%

 


PROVEN Trading Strategy - Currently running at 70% success rate

Earn a tax free income trading, from just 20 minutes a day – no experience needed.  Our powerful trading software will help you decide when to enter trades and how to maximise profits.

Register for a FREE brochure and trading guide, Click Here


FTSE 100 - Risers
Randgold Resources Ltd. (RRS) 5,685.00p +4.89%
Fresnillo (FRES) 899.00p +4.23%
Tullow Oil (TLW) 365.00p +4.02%
Dixons Carphone (DC.) 435.00p +2.55%
BHP Billiton (BLT) 1,443.00p +2.09%
Weir Group (WEIR) 1,680.00p +2.07%
Smiths Group (SMIN) 1,127.00p +1.53%
Anglo American (AAL) 1,113.00p +1.41%
Rio Tinto (RIO) 2,925.00p +1.35%
WPP (WPP) 1,466.00p +1.10%

FTSE 100 - Fallers
International Consolidated Airlines Group SA (CDI) (IAG) 544.50p -3.46%
Sainsbury (J) (SBRY) 255.40p -3.18%
Ashtead Group (AHT) 1,088.00p -2.77%
Morrison (Wm) Supermarkets (MRW) 179.90p -2.70%
BT Group (BT.A) 417.90p -2.61%
Diageo (DGE) 1,970.00p -2.60%
Barratt Developments (BDEV) 458.40p -2.55%
Severn Trent (SVT) 2,152.00p -2.14%
Hargreaves Lansdown (HL.) 1,011.00p -2.13%
Royal Dutch Shell 'A' (RDSA) 2,018.00p -2.04%

FTSE 250 - Risers
Afren (AFR) 5.30p +26.19%
Petrofac Ltd. (PFC) 706.00p +5.61%
Nostrum Oil & Gas (NOG) 627.00p +4.76%
Ophir Energy (OPHR) 134.30p +4.51%
Acacia Mining (ACA) 281.90p +3.95%
Cairn Energy (CNE) 192.00p +3.78%
Brit (BRIT) 273.60p +3.44%
Centamin (DI) (CEY) 66.90p +3.40%
AO World (AO.) 307.20p +2.88%
Homeserve (HSV) 337.40p +2.83%

FTSE 250 - Fallers
Zoopla Property Group (WI) (ZPLA) 180.00p -5.61%
Cobham (COB) 326.70p -4.84%
Saga (SAGA) 183.30p -4.53%
Petra Diamonds Ltd.(DI) (PDL) 153.40p -3.58%
Rexam (REX) 425.00p -3.03%
Big Yellow Group (BYG) 611.00p -3.02%
Game Digital (GMD) 275.50p -2.99%
National Express Group (NEX) 255.50p -2.89%
Oxford Instruments (OXIG) 744.50p -2.74%


The UK Defensive Autocall (SG17)

You could get a gross return of 7.5% per year, even if the FTSE 100 falls by 30% in 6 years. Capital is at risk. Find out how, click here.


Europe Market Report
To view the charts please add newsdesk@advfn.com to your contact list
FTSE 100EuronextDax perfCAC 40
Enable images to view FTSE 100 chart Enable images to view Euronext chart Enable images to view Dax perf chart Enable images to view CAC 40 chart

Europe close: Stocks fall as Eurozone consumer prices drop more than forecast

European stocks declined as investors weighed Eurozone reports on consumer prices and unemployment along with US economic growth data.

The EU's statistics agency said consumer prices fell 0.6% year-on-year, following a 0.2% decline in December amid sluggish oil prices. Analysts had pencilled in a 0.5% drop.

It marked the largest decrease since July 2009 and comes after the European Central Bank (ECB) announced a €60bn a month quantitative easing package to address the risk of deflation. The ECB is trying to move towards its target of just below 2%.

"January's Eurozone consumer prices figures have brought further evidence that deflationary pressures in the currency union go well beyond the effect of falling energy prices," said Capital Economics chief European economist Jonathan Loynes.

The Eurozone unemployment rate dropped to 11.4% in December from 11.5% the previous month, compared to analysts' estimates for no change.

The euro fell 0.26% to $1.1291 at close of trading.

US GDP

In the US, economic growth cooled more than expected in the fourth quarter. Gross domestic product (GDP) rose 2.6%, easing back from the previous quarter's 5% and missing estimates of 3%.

"The slowdown in GDP growth should not be too concerning for the US economy," said CEBR economist Sam Alderson. "Whilst the result [...] is disappointing when compared with the previous six months, the US economy is still carrying solid momentum moving into 2015."

The University of Michigan's consumer confidence index was unexpectedly revised lower to 98.1 in January from a previous estimate of 98.2.

Greece bailout, Russia rate cut

Greek finance minister Yanis Varoufakis has said the government will not cooperate with the EU and IMF mission bankrolling and will not seek an extension to the bailout programme.

Greece and EU will decide on the next move before the programme ends on 28 February, said Jeroen Dijsselbloem, head of the Eurozone finance ministers' group.

Meanwhile, Russia has unexpectedly cut benchmark interest rates amid concerns over an impending recession. The one-week auction rate was reduced to 15% from 17 %, the central bank said in a statement on its website Friday. Most analysts had predicted no change.

Banca Monte slides

Banca Monte dei Paschi di Siena SpA slipped after a report the Italian lender may raise more capital than previously planned.

Salvatore Ferragamo SpA rallied after reporting 2014 sales growth excluding currency swings that beat analysts' estimates.

Lagardere SCA slumped following reports the French media group is negotiating with private-equity firms to fund a $1.2bn deal with World Duty Free SpA.

BT Group declined after reporting third-quarter earnings in line with analysts' estimates.

International Consolidated Airlines was in the red after Qatar Airways bought a 9.99% stake in the British Airways owner.


Swissquote offers CFD Trading, an efficient mean of trading indices, commodities and currencies.

You can trade on the market whether you think it will go UP or Down!

Think the DAX will go Down? Short the DAX…

Try CFD Trading with a Free Practice Account

losses can exceed your deposit.


US Market Report

US open: Stocks fluctuate as economy slows down in Q4

US stocks fluctuated on Friday, after government data showed economy slowed down more than anticipated in the fourth quarter.

Just after 09:40 in New York, the Dow Jones Industrial Average was down 48.97 points at 17,367.88, while the S&P 500 fell 0.35% and the Nasdaq rose 0.25%.

The US economy slowed down to a 2.6% growth rate in the fourth quarter, more than analysts had expected.

Gross domestic product (GDP), the broadest measure of goods and services produced across the economy, grew at a 2.6% annual rate in the fourth quarter, the Commerce Department said.

According to figures released on Friday, the US economy grew 5% in the third quarter and 4.6% in the second quarter after declining in the first three months of the year, while economists had expected GDP to grow by a seasonally adjusted 3.2%.

"There are signs, however, that economic growth could start to pick up again in coming months," said Markit chief economist Chris Williamson.

"Consumer confidence rose to its highest since August 2007 in January, according to the conference board, most likely buoyed by the boost to spending power from lower oil costs and the recent slide in inflation.

"The announcement of full-scale quantitative easing by the European Central Bank should also help boost business and consumer confidence in Europe, which remains a major export market for the US."

In corporate news, Google rose over 1% after failing to satisfy investors in the latest disappointing turn of earnings season. The tech giant said profits rose almost 30% but it failed to meet revenue forecasts.

"The strong US dollar was a major concern heading into the fourth quarter earnings season and that was precisely the reason given by Google for missing earnings estimates overnight and is contributing towards a lower open on Friday and could lead to a loss for major indices in January," said CMC Markets analyst Jasper Lawler.

Amazon surged over 10% after announcing late on Thursday that sales surged 15% and profits fell less than expected.

Mattel fell over 1.5% after confirming a decline in sales and profit ahead of the bell and saying it will "thoroughly evaluate" its business, while Eli Lilly & Co. edged 0.3% higher after reporting adjusted fourth-quarter earnings of 75 cents a share, beating expectations.

Intercept Pharmaceuticals surged 17% after the drug maker said late Thursday its investigational treatment for a liver disease was granted breakthrough-therapy status, while MasterCard Inc. rose 2% after reporting a rise in fourth-quarter revenue that was better than expected.

Gold futures rose 0.7% to $1,263.50, while the dollar rose against the pound and the euro but lost over 0.5% against the yen.


Earn an iPad Air 2 or Mini 3

Join Spreadex and trade the UK 100, EUR/USD, Wall St or GBP/USD markets to earn either an iPad Air 2 or iPad Mini 3.  Losses can exceed deposit. Click here for ull ts & cs.


Broker Tips

Broker tips: IAG, BT Group, Imperial Tobacco

IAG was in focus on Friday after the revelation that Qatar Airways had purchased a 9.99% stake in the airline, though broker Liberum reckons that a full takeover of the Anglo-Spanish group is "highly unlikely".
The broker said a bid for the whole company is not likely to happen "due to the ownership restrictions on non-EU shareholders which are required to ensure that IAG's airlines retain their traffic rights".

Hargreaves Lansdowne Stockbrokers has applauded BT's strong cash generation and plans to cut its pension deficit, though competition in the telecoms sector is of some concern.

The broker noted that the current consolidation happening in the wider sector means that competition will stay "ferocious" and ongoing talks to secure Premier League TV rights "could prove costly". "Even so, BT clearly means business and is flexing its corporate muscles successfully. The shares have risen 16% over the last year [...] but appetite remains undiminished with the market consensus still coming in at a 'buy'," it said.

UBS has hiked its target for Imperial Tobacco by 15%, saying that it sees the prospect of a "significant step-up" in cash flow at the cigarette company. The bank lifted its 12-month target for the shares from 2,900p to 3,350p and reiterated a 'buy' rating.

 

New ADVFN Service - FREE Reports

Get your free report on Isa's, Investment Trusts, Funds,
Sipps Travel and Cars - FREE and Easy service CLICK HERE


To advertise in the Euro Markets Bulletin please contact patrick@advfn.co.uk


 
 

To unsubscribe from this news bulletin or edit your mailing list settings click here.

Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961.

Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

Morning Euro Markets Bulletin

 
ADVFN  Morning Euro Markets Bulletin
Daily world financial news Friday, 30 January 2015 09:49:21
Monitor Quote Charts News CFD's Spreadbetting Free BB
 
Sponsored by:
Galvan

Share Tips of the Year 2015
Discover the shares that look set to soar this year.
Click here for your FREE report.


London Market Report
To view the charts please add newsdesk@advfn.com to your contact list
FTSE 100EuronextDax perfCAC 40
Enable images to view FTSE 100 chart Enable images to view Euronext chart Enable images to view Dax perf chart Enable images to view CAC 40 chart
Please click on the images to view our interactive charts

London open: Stocks unchanged ahead of Eurozone CPI, US GDP

UK stocks opened more or less flat on Friday as investors treaded cautiously ahead of some key economic data, including consumer price figures in the Eurozone and growth estimates in the States.

London's FTSE 100 was down just 0.04% at 6,808 early on.

The release of the Eurozone consumer-price index (CPI) is likely to be the main event of the morning for UK markets, amid expectations that the region fell further into deflation this month.

Consumer prices are expected to have fallen by an annual rate of 0.5% in January, after a 0.2% fall in December, adding pressure on the European Central Bank to act to stem falling prices and boost growth.

Data released on Thursday showed that Germany, the Eurozone's largest economy, officially fell into deflation this month.

The preliminary estimate of fourth-quarter US gross domestic product (GDP) is due out later on and is forecast to show that the annualised rate of expansion eased to 3% from 5% in the third quarter.

UK mortgage approvals and the University of Michigan US consumer-confidence index will also be in focus on Friday.

Qatar Airways invests in IAG, miners gain

British Airways and Iberia owner International Airlines Group (IAG) was higher after it was revealed that Qatar Airways has bought a 9.99% stake in the company. "We're delighted to have Qatar Airways, one of the world's premier airlines, as a long-term supportive shareholder," said chief executive Willie Walsh.

Mining stocks were performing well with Fresnillo and Randgold advancing after heavy falls on Thursday. Anglo American, BHP Billiton and Rio Tinto were also higher.

Telecoms giant BT declined despite beating analysts forecasts with a solid rise in profits in its third quarter, as it announced a new 16-year "recovery plan" to pay down its expanding pension deficit, which now stands at £7bn. The company also revealed that it would upgrade its fibre network with large-scale pilots this summer of ultrafast broadband with G.fast.

Supermarket stocks were also under pressure, with Sainsbury, Morrison and Tesco among the worst performers.

Oilfield services group Petrofac gained after Exane BNP Paribas upgraded its rating on the stock to 'outperform', though it did cut its target from 1,050p to 850p. Kingfisher declined after the same broker cut the DIY retailer to 'neutral'.


Market Movers
techMARK 3,079.76 -0.09%
FTSE 100 6,807.69 -0.04%
FTSE 250 16,399.45 +0.25%

FTSE 100 - Risers
Weir Group (WEIR) 1,686.00p +2.43%
Fresnillo (FRES) 880.00p +2.03%
Dixons Carphone (DC.) 432.60p +1.98%
Randgold Resources Ltd. (RRS) 5,520.00p +1.84%
Anglo American (AAL) 1,115.00p +1.59%
InterContinental Hotels Group (IHG) 2,691.00p +1.24%
Royal Mail (RMG) 439.80p +1.17%
BHP Billiton (BLT) 1,428.50p +1.06%
easyJet (EZJ) 1,895.00p +1.01%
Whitbread (WTB) 5,050.00p +1.00%

FTSE 100 - Fallers
Sainsbury (J) (SBRY) 258.10p -2.16%
Morrison (Wm) Supermarkets (MRW) 181.50p -1.84%
BT Group (BT.A) 421.50p -1.77%
Hargreaves Lansdown (HL.) 1,022.00p -1.06%
Tesco (TSCO) 224.80p -0.97%
Severn Trent (SVT) 2,179.00p -0.91%
Royal Dutch Shell 'A' (RDSA) 2,041.50p -0.90%
Royal Dutch Shell 'B' (RDSB) 2,119.50p -0.87%
Diageo (DGE) 2,005.00p -0.87%
Antofagasta (ANTO) 649.50p -0.84%

FTSE 250 - Risers
Afren (AFR) 4.50p +7.14%
Greencore Group (GNC) 311.00p +2.64%
Lonmin (LMI) 164.50p +2.17%
Britvic (BVIC) 709.00p +2.16%
Petrofac Ltd. (PFC) 682.00p +2.02%
Ophir Energy (OPHR) 131.00p +1.95%
AL Noor Hospitals Group (ANH) 909.50p +1.85%
Halfords Group (HFD) 445.00p +1.83%
Enterprise Inns (ETI) 106.60p +1.81%
Howden Joinery Group (HWDN) 437.30p +1.75%

FTSE 250 - Fallers
Rank Group (RNK) 172.40p -3.15%
Vedanta Resources (VED) 360.00p -2.96%
Nostrum Oil & Gas (NOG) 584.00p -2.42%
Cobham (COB) 336.00p -2.13%
IP Group (IPO) 229.10p -1.88%
Brit (BRIT) 259.80p -1.78%
Go-Ahead Group (GOG) 2,481.00p -1.63%
Evraz (EVR) 170.20p -1.45%
Alent (ALNT) 360.70p -1.29%


PROVEN Trading Strategy - Currently running at 70% success rate

Earn a tax free income trading, from just 20 minutes a day – no experience needed.  Our powerful trading software will help you decide when to enter trades and how to maximise profits.

Register for a FREE brochure and trading guide, Click Here


UK Event Calendar

Friday 30 January

INTERIM DIVIDEND PAYMENT DATE
Aberdeen New Dawn Investment Trust, Downing Structured Opportunities VCT 1 'D' Shares, F&C Global Smaller Companies, Latham (James), Monks Inv Trust, Poundland Group , Scholium Group, Speedy Hire, Vianet Group

QUARTERLY PAYMENT DATE
British Assets Trust, CQS Diversified Fund Ltd Ord NPV £, F&C Commercial Property Trust Ltd., Middlefield Canadian Income PCC, Schroder Income Growth Fund, Torchmark Corp.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Chicago PMI (US) (14:45)
GDP (Advance) (US) (13:30)
International Reserves (EU) (11:00)
Retail Sales (GER) (07:00)
U. of Michigan Confidence (Final) (US) (14:55)
Unemployment Rate (EU) (10:00)

Q3
BT Group

SPECIAL DIVIDEND PAYMENT DATE
European Investment Trust

EGMS
Blackrock Hedge Selector Ltd. Red Part Shs (UK Emerging Co Shs), Nord Gold NV GDR (Reg S), Sefton Resources Inc.

AGMS
Caledonian Trust, Henderson European Focus Trust, Schroder UK Mid Cap Fund, Scottish Inv Trust, Treatt

TRADING ANNOUNCEMENTS
Eclectic Bar Group, Fuller Smith & Turner

UK ECONOMIC ANNOUNCEMENTS
Consumer Confidence (09:30)
Consumer Credit (09:30)
GFK Consumer Confidence (00:05)
M4 Money Supply (09:30)
M4 Sterling Lending (09:30)
Mortgage Approvals (09:30)

FINAL DIVIDEND PAYMENT DATE
Alternative Networks, Catco Reinsurance Opportunities Fund Ltd (DI), Character Group, DotDigital Group, European Investment Trust, Jelf Group, Lowland Investment Co, Standard Life European Private Equity Trust, Topps Tiles


The UK Defensive Autocall (SG17)

You could get a gross return of 7.5% per year, even if the FTSE 100 falls by 30% in 6 years. Capital is at risk. Find out how, click here.


Europe Market Report
To view the charts please add newsdesk@advfn.com to your contact list
FTSE 100EuronextDax perfCAC 40
Enable images to view FTSE 100 chart Enable images to view Euronext chart Enable images to view Dax perf chart Enable images to view CAC 40 chart

Europe open: Stocks rally ahead of Eurozone inflation figures

European stocks advanced ahead of the release of figures which are expected to show the Eurozone entered further into deflation in January.

Eurostat figures are forecast to show Eurozone consumer prices fell 0.5% year-on-year in January after declining 0.2% a month earlier. It comes after a report revealed German consumer prices dropped 0.3% in January, more than the 0.1% fall that was expected and compared to the prior month's 0.2% gain.

Depressed oil prices have dragged consumer prices lower across the globe. Oil prices have fallen by almost 60% since June due in part to the boom in US shale production.

Brent crude futures rose 0.16% to $49.21 per barrel in morning trade, according to the ICE.

The European Central Bank (ECB) this month announced a €60bn-a-month stimulus programme to help push inflation towards its target of just below 2%.

Elsewhere in the euro-area, the market is keeping a close watch on Greece as the newly elected government lays its plans of the debt-ridden nation.

European Parliament President Martin Schulz has said the Syriza party will seek common ground with its EU partners as it tries to renegotiate its financial bailout.

The euro rose 0.20% to $1.1343 in morning trade.

In the US, a report on gross domestic product (GDP) is expected to show economic growth slowed in the fourth quarter. Analysts predict GDP rose an annualised 3% compared to a 5% gain the previous quarter.

The US also sees the release of the University of Michigan's consumer confidence index and personal consumption data.

Among companies, International Consolidated Airlines (IAG) climbed after Qatar Airways bought a 9.99% stake in the British Airways owner.


Swissquote offers CFD Trading, an efficient mean of trading indices, commodities and currencies.

You can trade on the market whether you think it will go UP or Down!

Think the DAX will go Down? Short the DAX…

Try CFD Trading with a Free Practice Account

losses can exceed your deposit.


US Market Report

US close: Stocks rally after strong unemployment data

US stocks rallied on Thursday, buoyed by a better-than-expected jobless claims report and by a rebound in oil prices.
The Dow Jones Industrial Average closed 225.48 points up at 17,416.85, while the S&P 500 and the Nasdaq rose 0.95% and 0.98% respectively.

Jobless claims dropped to just 265,000 in the week ended 24 January, the lowest since April 2000. Analysts had expected claims to fall to 296,000 from 307,000 the previous week. The 43,000 decline was the biggest plunge since November 2012.

"The continued improvement in unadjusted claims data from year-ago levels is consistent with our view that labor markets remain solid," analysts at Barclays said in a note.

"We look for claims data to reflect this underlying strength in coming weeks as seasonal volatility dissipates, albeit at a more measured pace than this morning's data."

Meanwhile, pending home sales slipped 3.7% in December, which the National Association of Realtors (NAR) attributed to fewer homes available for sale and a slight rise in prices. However, the year-on-year gain was 11.7%, the highest since June 2013.

"With interest rates at lows not seen since early 2013, the strength in existing-sales in upcoming months will largely depend on the willingness of current homeowners to realise their equity gains from the past couple years and trade up," said Lawrence Yun, chief economist of the NAR.

In corporate news, Alibaba Group Holding fell 8.78% after the Chinese e-commerce company reported quarterly revenue falling short of expectations.

McDonald's gained 5.06% after the fast-food chain said its chief executive officer would be replaced by its chief brand officer on 1 March, while Qualcomm dropped 10.28% after the chip manufacturer cut its fiscal 2015 outlook and Ford Motor climbed after the car manufacturer's quarterly earnings beat estimates.

Yahoo! fell 5.88%, while Boeing rose 5.83%, while Facebook rose 2.31% after the social-networking company on Wednesday reported results that were slightly above consensus.

The dollar rose by 0.5% and 0.65% against the pound and the yen respectively but fell against the euro, while gold futures fell by over 2% to $1,255.80.

Oil prices rebounded, with West Texas Intermediate gaining just over 0.2%, while Brent crude rose over 1.3%, with the former closing at just over $44.5 a barrel and the latter at just over $49 a barrel.

S&P 500 - Risers
Harman International Industries Inc. (HAR) $125.01 +23.76%
Varian Medical Systems Inc. (VAR) $94.04 +8.69%
Coach Inc. (COH) $38.94 +6.80%
PulteGroup Inc. (PHM) $21.82 +6.03%
Colgate-Palmolive Co. (CL) $69.03 +6.00%
Air Products & Chemicals Inc. (APD) $146.99 +5.88%
Boeing Co. (BA) $147.78 +5.83%
Alexion Pharmaceuticals Inc. (ALXN) $188.11 +5.81%
Stanley Black & Decker Inc. (SWK) $95.57 +5.59%
McDonald's Corp. (MCD) $93.27 +5.06%

S&P 500 - Fallers
QUALCOMM Inc. (QCOM) $63.69 -10.28%
Diamond Offshore Drilling Inc. (DO) $30.73 -6.48%
Yahoo! Inc. (YHOO) $43.73 -5.88%
Vertex Pharmaceuticals Inc. (VRTX) $114.14 -5.87%
Transocean Ltd. (RIG) $15.77 -4.37%
Rowan Companies plc (RDC) $20.28 -4.34%
Hershey Foods Corp. (HSY) $103.29 -4.08%
Helmerich & Payne Inc. (HP) $57.46 -3.70%
GameStop Corp. (GME) $36.27 -3.56%
Freeport-McMoRan Inc (FCX) $16.83 -3.39%

Dow Jones I.A - Risers
Boeing Co. (BA) $147.78 +5.83%
McDonald's Corp. (MCD) $93.27 +5.06%
Home Depot Inc. (HD) $107.62 +2.75%
International Business Machines Corp. (IBM) $155.48 +2.59%
Microsoft Corp. (MSFT) $42.01 +1.99%
Goldman Sachs Group Inc. (GS) $175.99 +1.70%
JP Morgan Chase & Co. (JPM) $55.67 +1.68%
Nike Inc. (NKE) $94.87 +1.67%
Cisco Systems Inc. (CSCO) $27.21 +1.51%
E.I. du Pont de Nemours and Co. (DD) $72.71 +1.39%

Dow Jones I.A - Fallers
Chevron Corp. (CVX) $103.00 -0.68%
Exxon Mobil Corp. (XOM) $87.58 -0.42%
United Technologies Corp. (UTX) $116.45 -0.40%
Pfizer Inc. (PFE) $31.83 -0.38%
Travelers Company Inc. (TRV) $104.54 -0.04%
Caterpillar Inc. (CAT) $80.00 -0.01%

Nasdaq 100 - Risers
Alexion Pharmaceuticals Inc. (ALXN) $188.11 +5.81%
Tractor Supply Company (TSCO) $83.29 +4.30%
Apple Inc. (AAPL) $118.90 +3.11%
Tesla Motors Inc (TSLA) $205.20 +2.92%
Dish Network Corp. (DISH) $73.44 +2.67%
Citrix Systems Inc. (CTXS) $60.75 +2.64%
Amazon.Com Inc. (AMZN) $311.78 +2.59%
Nvidia Corp. (NVDA) $19.78 +2.43%
Facebook Inc. (FB) $78.00 +2.31%
Micron Technology Inc. (MU) $29.71 +2.11%

Nasdaq 100 - Fallers
QUALCOMM Inc. (QCOM) $63.69 -10.28%
Yahoo! Inc. (YHOO) $43.73 -5.88%
Vertex Pharmaceuticals Inc. (VRTX) $114.14 -5.87%
Comcast Corp. (CMCSA) $53.87 -1.32%
Paychex Inc. (PAYX) $46.38 -1.06%
Sandisk Corp. (SNDK) $77.47 -0.74%
Liberty Interactive Corp (QVCA) $27.75 -0.72%
Mylan Inc. (MYL) $54.89 -0.63%
Catamaran Corp (CTRX) $50.76 -0.55%


Earn an iPad Air 2 or Mini 3

Join Spreadex and trade the UK 100, EUR/USD, Wall St or GBP/USD markets to earn either an iPad Air 2 or iPad Mini 3.  Losses can exceed deposit. Click here for ull ts & cs.


Newspaper Round Up

Friday newspaper round-up: Big Six, UK deflation, Heathrow plans...

Energy firms will boost their profits by £37 per household in 2015 due to the decrease in gas prices, new data has revealed in a further push for the Big Six to slash bills. The Telegraph wrote that despite recent price cuts, pre-tax profits for 2015 could so far rise almost 50% to £114 per household from £77 in 2014.
Analysts fear that Britain could fall into deflation after government borrowing costs hit their lowest level on Thursday, reported The Times. The paper wrote that yields on benchmark ten-year gilts fell below 1.4% after the Bank of England governor said inflation would become negative for some time.

Heathrow is one step closer to building a third runway since business group EEF supported the bid, wrote City A.M.

Digital money will be the most popular payment method by March 2015, overtaking banknotes and coins, according to The Times. New research suggests that there will be 400m fewer cash transactions in 2015 than 2014.

An independent cinema operator called The Light has taken on big business, raising £5.2m to purchase a nine-screen multiplex in Cambridge from the UK's largest cinema chain Cineworld, The Telegraph reported.

House prices are dropping in one third of the UK as home buyers await the upcoming election results, according to The Telegraph. The threat of mansion tax as put the high-end market on hold, while the market as a whole has lowed down since Christmas.

In the last 20 years railways journeys have doubled in Britain, with a record high of 1.3bn in 2014. More than half of these journeys involve passengers commuting within or to central London, The Times wrote.

Former justice secretary Kenny MacAskill has attacked local councils for collecting old poll tax. He said they had no common sense and should abolish all historical poll tax debts, according to The Times.

 

New ADVFN Service - FREE Reports

Get your free report on Isa's, Investment Trusts, Funds,
Sipps Travel and Cars - FREE and Easy service CLICK HERE


To advertise in the Euro Markets Bulletin please contact patrick@advfn.co.uk


 
 

To unsubscribe from this news bulletin or edit your mailing list settings click here.

Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961.

Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

Jan 29, 2015

Evening Euro Markets Bulletin

 
ADVFN III Evening Euro Markets Bulletin
Daily world financial news Thursday, 29 January 2015 17:34:11
Monitor Quote Charts News CFD's Spreadbetting Free BB
 
Sponsored by:
Galvan

Share Tips of the Year 2015
Discover the shares that look set to soar this year.
Click here for your FREE report.


London Market Report
To view the charts please add newsdesk@advfn.com to your contact list
FTSE 100EuronextDax perfCAC 40
Enable images to view FTSE 100 chart Enable images to view Euronext chart Enable images to view Dax perf chart Enable images to view CAC 40 chart
Please click on the images to view our interactive charts

London close: UK stocks finish lower after choppy session, Shell sinks

UK stocks finished another choppy session slightly lower as investors digested a barrage of global economic data and corporate earnings, central bank moves and political developments in Greece.

London's FTSE 100 closed at 6,811, down 0.2% on the day with the energy sector providing a drag after oil major Royal Dutch Shell missed quarterly forecasts and scaled back its investment budget.

Wall Street equity markets got off to a mixed start as data showing a sharp drop in US jobless claims to their lowest since 2000 was outweighed by a decline in US pending-home sales. Earnings from newly-listed Chinese e-commerce giant Alibaba also missed estimates, causing shares to tumble.

Economic data in Germany showed that while unemployment eased in January, consumer prices fell on an annual basis for the first time in over five years.

Meanwhile, comments from the US Federal Reserve continued to weigh on investors' minds after policymakers said on Wednesday night that they would remain "patient" about the timing of the first interest rate hike.

The Danish central bank cut interest rates for the third time in less than two weeks. The deposit rate was taken deeper into negative territory, to -0.5%, to battle upwards pressure on its currency.

Greece was also still in focus in the aftermath of Syriza's election victory at the weekend, as new prime minister Alexis Tsipras looks to renegotiate the terms of the bailout with the country's creditors. The new government is now thought to be looking to veto new proposed sanctions by the EU on Russia.

Energy stocks sink as Shell disappoints

Shell dropped nearly 5% after reporting a 12% year-on-year increase in adjusted profits in the fourth quarter to $3.3bn, well below the consensus forecast of $4.2bn. The company also announced that had cut over $15bn of potential spending over the next three years.

"To keep investors sweet the oil firm announced a healthy dividend, but that wasn't enough to win back traders' confidence as the enormous cut to capital expenditure signals cautious times ahead," said analyst David Madden from IG.

Afren, BP and Tullow Oil were all trading firmly in the red. Smaller producer Soco International also underwhelmed with its 2015 production guidance, as it cut its spending budget for this year.

Meanwhile, mining stocks were weaker with precious metal producers among the worst performers as gold prices dropped their most in a month. Mexican miner Fresnillo and Africa-focused peer Randgold were falling sharply.

One bright spark was Easyjet, surging over 6% after an upgrade by Barclays Capital to 'overweight'. The bank said Easy jet was "one of the best low cost carrier business models in Europe".

Smirnoff maker Diageo shot up after the drinks giant delivered a much improved performance in the second quarter with stronger net sales, volumes and margins.

ASOS was out of fashion as the online clothing retailer revealed that its chief executive had sold £20.2 million-worth of shares.

Royal Mail fell after its chairman of five years, Donald Brydon, announced plans step down.

Market Movers
techMARK 3,082.42 -0.04%
FTSE 100 6,810.60 -0.22%
FTSE 250 16,359.02 -0.41%

 


25% rise in capital from day 1

Earn passive income with this fantastic UK based car park investment opportunity. Over 6 years a single unit is projected to generate £12,000 net income

Click here to find out more



FTSE 100 - Risers
easyJet (EZJ) 1,876.00p +6.17%
Hargreaves Lansdown (HL.) 1,033.00p +3.82%
Diageo (DGE) 2,022.50p +3.08%
Barratt Developments (BDEV) 470.40p +2.77%
Taylor Wimpey (TW.) 137.60p +2.46%
Marks & Spencer Group (MKS) 487.80p +2.14%
Imperial Tobacco Group (IMT) 3,160.00p +2.03%
Unilever (ULVR) 2,952.00p +1.90%
Reckitt Benckiser Group (RB.) 5,720.00p +1.78%
Aggreko (AGK) 1,558.00p +1.76%

FTSE 100 - Fallers
Fresnillo (FRES) 862.50p -5.22%
Royal Dutch Shell 'B' (RDSB) 2,138.00p -4.89%
Royal Dutch Shell 'A' (RDSA) 2,060.00p -4.34%
Randgold Resources Ltd. (RRS) 5,420.00p -2.95%
Glencore (GLEN) 250.40p -2.93%
Antofagasta (ANTO) 655.00p -2.75%
Johnson Matthey (JMAT) 3,297.00p -2.60%
Carnival (CCL) 3,000.00p -2.22%
BG Group (BG.) 880.90p -1.88%
BP (BP.) 424.85p -1.87%

FTSE 250 - Risers
Rank Group (RNK) 178.00p +7.29%
Nostrum Oil & Gas (NOG) 598.50p +6.88%
Infinis Energy (INFI) 196.20p +4.92%
Saga (SAGA) 192.00p +3.78%
IP Group (IPO) 233.50p +3.32%
Dairy Crest Group (DCG) 500.50p +2.75%
National Express Group (NEX) 263.10p +2.65%
Brit (BRIT) 264.50p +2.52%
Kaz Minerals (KAZ) 196.70p +2.39%
Poundland Group (PLND) 353.60p +2.37%

FTSE 250 - Fallers
Afren (AFR) 4.20p -10.64%
PayPoint (PAY) 827.00p -5.97%
Acacia Mining (ACA) 271.20p -5.90%
Centamin (DI) (CEY) 64.70p -5.89%
Amec Foster Wheeler (AMFW) 787.50p -5.41%
Soco International (SIA) 265.00p -5.36%
Hunting (HTG) 394.30p -4.92%
Vedanta Resources (VED) 371.00p -4.77%
Serco Group (SRP) 152.70p -4.32%

The UK Defensive Autocall (SG17)

You could get a gross return of 7.5% per year, even if the FTSE 100 falls by 30% in 6 years. Capital is at risk. Find out how, click here.


Europe Market Report
To view the charts please add newsdesk@advfn.com to your contact list
FTSE 100EuronextDax perfCAC 40
Enable images to view FTSE 100 chart Enable images to view Euronext chart Enable images to view Dax perf chart Enable images to view CAC 40 chart

Europe close: Stocks mixed as Germany enters deflation

European stocks were mixed after reports showed Germany entered deflation and unemployment fell less than expected in the nation.
German consumer prices dropped 0.3% in January, more than the 0.1% fall that was expected and compared to the prior month's 0.2% gain.

It comes day ahead of Eurostat figures which are forecast to show Eurozone consumer prices fell 0.5% year-on-year in January after falling 0.2% a month earlier.

German unemployment fell 9,000 in January, less than the 10,000 drop that was predicted. The jobless rate fell from 6.6% to 6.5% in January, as expected.

Another release revealed the Eurozone economic confidence index rose to 101.2 in January from 100.6 in December, missing forecasts for a reading of 101.6.

Meanwhile, Bank of England governor Mark Carney criticised the current structure of the Eurozone, saying that sharing a currency without also sharing decisions on taxes and spending did not work.

The euro rose 0.12% to $1.1300.

US data

Jobless claims dropped to just 265,000 in the week ended 24 January, the lowest since April 2000. Analysts had expected claims to fall to 296,000 from 307,000 the previous week. The 43,000 decline was the biggest plunge since November 2012.

Pending home sales slipped 3.7% in December, which the National Association of Realtors (NAR) attributed to fewer homes available for sale and a slight rise in prices. However, the year-on-year gain was 11.7%, the highest since June 2013.

The data comes after the Federal Reserve remained steadfast in their claim that the American economy will continue improving alongside strong job gains, despite low inflation and the strengthening dollar. Policymakers said they would remain "patient" over the timing of the first rate hike.

Energy stocks fall

Royal Dutch Shell slumped as it said it will cut spending after reporting worse-than-forecast fourth-quarter profit.

Vallourec SA edged lower after saying it will write down the value of assets by as much as €1.2bn.

Repsol SA dropped after ending its buyback programme.

Oil prices have fallen by almost 60% since June due in part to the boom in US shale production.

Brent crude rose 0.26% to $48.60 per barrel at close of trading, according to the ICE.

Diageo was higher after first-half profit climbed more than forecast.

Raiffeisen Bank International AG gained after the Eastern European bank said it will shrink by at least 20% to boost capital ratios.

Nokia Oyj slipped after saying that profitability is likely to fall this quarter.


Swissquote offers CFD Trading, an efficient mean of trading indices, commodities and currencies.

You can trade on the market whether you think it will go UP or Down!

Think the DAX will go Down? Short the DAX…

Try CFD Trading with a Free Practice Account

losses can exceed your deposit.


US Market Report

US open: Markets mixed amid lower jobless claims and cooling home sales

US markets were mixed in early Thursday trading as data revealing a sharp plunge in jobless claims was outweighed by a drop in pending home sales.

Gold prices were lower while the price of oil rebounded slightly after dropping to its lowest in nearly six years the previous session.

The Dow Jones Industrial Average stood at 17,217.14 30 minutes into trading, up 25.96 points, or 0.15%. The S&P 500 lost 3.05, or 0.15%, at 2,007.11, while the tech-rich Nasdaq Composite Index fell 27.60, or 0.6%, at 4,643.22.

The stronger dollar weighed on the price of gold, which was down 1.14% to $1,271.30 an ounce. Crude prices recovered slightly with Brent up 1.11% and West Texas Intermediate up 0.63%.

Jobless claims dropped to just 265,000 in the week ended 24 January, the lowest since April 2000. Analysts had expected claims to fall to 296,000 from 307,000 the previous week. The 43,000 decline was the biggest plunge since November 2012.

The data comes after the Federal Reserve remained steadfast in their claim that the American economy will continue improving alongside strong job gains, despite low inflation and the strengthening dollar.

Policymakers said they would remain "patient" over the timing of the first rate hike.

Not all data was positive, however, with figures showing that pending home sales slipped 3.7% in December, which the National Association of Realtors (NAR) attributed to fewer homes available for sale and a slight rise in prices. However, the year-on-year gain was 11.7%, the highest since June 2013.

"With interest rates at lows not seen since early 2013, the strength in existing-sales in upcoming months will largely depend on the willingness of current homeowners to realize their equity gains from the past couple years and trade up," said Lawrence Yun, chief economist of the NAR.

The dollar was up 0.044% on the pound and 0.341% on the yen, but fell 0.492% against the euro.

Alibaba Group Holding fell in early New York trading after the Chinese e-commerce company reported quarterly
revenue falling short of expectations.

McDonald's gained after the fast-food chain said its chief executive officer would be replaced by its chief brand officer on 1 March.


PROVEN Trading Strategy - Currently running at 70% success rate

Earn a tax free income trading, from just 20 minutes a day – no experience needed.  Our powerful trading software will help you decide when to enter trades and how to maximise profits.

Register for a FREE brochure and trading guide, Click Here


Broker Tips

Broker tips: Shell, Easyjet, Standard Life

Charles Stanley has cut its recommendation for Royal Dutch Shell from 'buy' to 'accumulate', saying it sees less upside after fourth-quarter profits came in well below forecasts.

The broker said: "The strong balance sheet will take the strain as Shell begins to reduce capital expenditure and operational expenditure in order to cut its cash flow break-even oil price. Shell starts from a strong position with gearing of 12% but the outlook has become challenging and the share price may struggle to outperform."

Easyjet's shares were flying higher on Thursday after analysts at Barclays Capital upgraded their stance on the stock from 'equalweight' to 'overweight' and hiked their target from 1,850p to 2,150p.

The positive move came after the airline's stronger first-quarter update on Tuesday which showed "conclusive evidence that easyJet has developed one of the best low cost carrier business models in Europe", Barclays said.

Canaccord Genuity said it was "taking a more cautious view" on the near-term growth outlook at Standard Life, as it lowered its rating on the insurer from 'buy' to 'hold'.

 

New ADVFN Service - FREE Reports

Get your free report on Isa's, Investment Trusts, Funds,
Sipps Travel and Cars - FREE and Easy service CLICK HERE


To advertise in the Euro Markets Bulletin please contact patrick@advfn.co.uk


 
 

To unsubscribe from this news bulletin or edit your mailing list settings click here.

Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961.

Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49