Morning Euro Markets Bulletin

ADVFN  Morning Euro Markets Bulletin Daily world financial news Tuesday, 06 January 2015 10:03:15 Monitor Quote Charts News CFD's Spreadbetting Free BB   Sponsored by: Trendsignal Your complimentary trading guide Make a consistent income with this simple trading strategy. For your free guide click here. London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London open: UK stocks at three-week low as investors await data It was a weak start on the Footsie on Tuesday, with stocks at their lowest in three weeks ahead of a barrage of economic data. The FTSE 100 was trading down 0.7% at 6,371 early on. The index suffered a 2% sell-off on Monday, finishing at its lowest level since 17 December when it settled at 6,336.48, as concerns about a Greek exit from the Eurozone and another plunge in oil prices weighed on sentiment. "With a slew of economic figures due this week traders will be cautious," said trader Rocky Muddar from TradeNext. Oil was experiencing yet more selling pressure on Tuesday morning, with West Texas Intermediate (WTI) futures falling further below the $50-a-barrel (bbl) mark, a level not seen since April 2009. WTI was down 1.1% at $49.47/bbl early on ahead of data from the Energy Information Administration on Wednesday, which is expected to show that US crude stockpiles increased last week, exacerbating a global supply glut which has hammered prices over the last few months. After a relatively quiet start to the week in terms of data, the calendar looks pretty full for Tuesday's session, with service-sector data out in China, Japan, Europe, the UK and US. Factory orders in the States will also be closely watched. Later in the week, investors will be looking out for Eurozone inflation data, a Bank of England rate decision and the US non-farm payrolls report. Ashtead drops on United Rentals readacross Equipment rental firm Ashtead dropped sharply early on, tracking declines seen in the share price of US peer United Rentals which was hit with a broker downgrade on Monday night. Evercore lowered its rating for United Rentals from 'buy' to 'sell', saying that the recent collapse in oil will affect energy investments and the construction market. Oil and gas stocks were under pressure again as oil prices dropped, with Nostrum Oil & Gas, Tullow Oil and Ophir Energy falling sharply. Mining stocks were edging higher, including Anglo American, Fresnillo, Rio Tinto and Randgold, after service-sector figures from China improved slightly. HSBC's China services purchasing managers' index for December rose from 53 to 53.4. Defence, aerospace and energy manufacturing firm Senior rose after hiring Cobham's chief operating officer David Squires as its new chief executive officer, replacing Mark Rollins who is due to step down after 17 years with the group. Will you be able to retire in comfort? Download the 15-Minute Retirement Plan by Fisher Investments.   Click here to download! Market Movers techMARK 2,930.97 -0.37% FTSE 100 6,371.33 -0.71% FTSE 250 15,870.64 -0.32% FTSE 100 - Risers Fresnillo (FRES) 778.00p +1.24% SSE (SSE) 1,603.00p +1.20% Randgold Resources Ltd. (RRS) 4,590.00p +1.19% Shire Plc (SHP) 4,534.00p +1.05% Anglo American (AAL) 1,136.50p +0.89% Rio Tinto (RIO) 2,899.50p +0.55% Old Mutual (OML) 184.70p +0.43% Standard Chartered (STAN) 950.10p +0.31% Severn Trent (SVT) 1,993.00p +0.25% Antofagasta (ANTO) 723.50p +0.21% FTSE 100 - Fallers Ashtead Group (AHT) 1,092.00p -7.61% Aberdeen Asset Management (ADN) 414.20p -2.52% Tullow Oil (TLW) 386.50p -2.50% Sports Direct International (SPD) 699.50p -1.96% Diageo (DGE) 1,788.00p -1.81% Schroders (SDR) 2,587.00p -1.78% Kingfisher (KGF) 322.40p -1.74% Barclays (BARC) 230.80p -1.66% CRH (CRH) 1,479.00p -1.60% Hargreaves Lansdown (HL.) 968.50p -1.58% FTSE 250 - Risers Tate & Lyle (TATE) 617.50p +3.35% Saga (SAGA) 151.90p +2.84% Mitchells & Butlers (MAB) 386.90p +2.27% Centamin (DI) (CEY) 61.85p +1.98% Drax Group (DRX) 429.20p +1.83% Bank of Georgia Holdings (BGEO) 2,198.00p +1.67% Polymetal International (POLY) 569.50p +1.52% Lonmin (LMI) 168.90p +1.38% Hikma Pharmaceuticals (HIK) 2,158.00p +1.31% Betfair Group (BET) 1,579.00p +1.02% FTSE 250 - Fallers Ophir Energy (OPHR) 133.50p -4.37% Ocado Group (OCDO) 407.80p -2.90% SSP Group (SSPG) 281.70p -2.83% Nostrum Oil & Gas (NOG) 439.90p -2.68% Premier Oil (PMO) 149.10p -2.61% JD Sports Fashion (JD.) 494.10p -2.54% Computacenter (CCC) 595.00p -2.38% Hays (HAS) 144.10p -2.24% Wetherspoon (J.D.) (JDW) 796.50p -1.97% UK Event Calendar INTERIM DIVIDEND PAYMENT DATE Hill & Smith Holdings, London Stock Exchange Group, Management Consulting Group, Rolls-Royce Holdings, TR Property Inv Trust INTERNATIONAL ECONOMIC ANNOUNCEMENTS Factory Orders (US) (15:00) Goods Orders (US) (15:00) ISM Services (US) (15:00) PMI Composite (EU) (09:00) PMI Composite (GER) (08:55) PMI Services (EU) (09:00) PMI Services (GER) (08:55) UK ECONOMIC ANNOUNCEMENTS Official Reserves (09:30) PMI Composite (09:30) PMI Services (09:30) FINAL DIVIDEND PAYMENT DATE British Empire Securities & General Trust, Renewable Energy Generation Ltd., Town Centre Securities   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. Europe Market Report FTSE 100 Euronext Dax perf CAC 40 Europe open: Stocks slide as oil plunges, Eurozone service PMI revised lower European stocks slid as crude oil plunged to the lowest level in nearly six years and a report on Eurozone service sector activity was revised lower. Brent crude has fallen below $53 per barrel for the first time since May 2009. It was sitting at $52.24 in morning trade. Energy companies were the second biggest fallers on the 19 industry groups on the Stoxx 600. In Europe, Markit's purchasing managers' index for service sector activity growth was revised down to 51.6 in December from a previous estimate of 51.9, surprising analysts who had expected it to remain unchanged. A reading above 50 signals expansion. Fears over Greece exiting the euro have been also weighing on markets. German Chancellor Angela Merkel is reportedly planning to accept a Greek euro exit ahead of the Mediterranean country's elections in three weeks. "After years of political fighting and billions of euros in bailout money it could be that we are closer to a Greek exit than we have ever been as the greatest power in the Eurozone now see the exit of Greece from the Euro as a viable option for a sustainable and recovery Eurozone," according to James Hughes, chief market analyst at Alpari UK. Greece's ASE Index dropped 5.6% on Monday, closing at its lowest level since November 2012. Meanwhile, investors are also placing bets on whether the European Central Bank will introduce full-blown quantitative easing at the 22 January policy meeting to address low inflation. Eurozone inflation figures on Wednesday will therefore be closely watched. 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: Markets in decline as oil prices plummet even further US stocks were trading in the red on Monday ahead of a packed week for economic data. The Dow Jones Industrials fell 1.86% to 17,501.65 while the S&P 500 dropped 1.83% to 2,020.58 and Nasdaq declined 1.64% to 4,160.96. US construction spending fell 0.3% month-on-month in November, coming in below consensus expectations of a 0.4% rise for a moderate boost on the month. Market analyst Jasper Lawler from CMC Markets said: "December auto sales were released on Monday. Fiat Chrysler saw sales jump 20%, GM 19% and Ford 1.2% as US consumers show enthusiasm for big-engine SUV's following the big drop in oil prices." Barclays Research added: "US auto sales were reported at 16.9mn annualized units in December, according to Autodata, in line with our forecast (16.9m) and consensus expectations (16.9m)." "Strong sales of big-ticket items reflect broad-based strength in consumer spending, which we view as driven by improving labor markets and lower gasoline prices." Oil prices slid as WTI crude futures closed 5.634% down to $49.88 a barrel, while Brent futures slid 6.352% to $53.05 a barrel. Over on COMEX, gold futures soared 1.48% to $1,203.80 while the dollar was prevailing against the pound and the euro while declining against the yen. The yield on a benchmark US 10-year Treasury receded by eight basis points to 2.03%. S&P 500 - Risers Boston Scientific Corp. (BSX) $13.81 +4.46% Zimmer Holdings Inc. (ZMH) $116.79 +3.73% GameStop Corp. (GME) $34.72 +2.72% Constellation Brands Inc. Class A (STZ) $99.82 +2.36% Gilead Sciences Inc. (GILD) $96.79 +1.98% PG  & E Corp. (PCG) $54.24 +1.69% Merck & Co. Inc. (MRK) $58.04 +1.49% Graham Holdings Co. (GHC) $872.02 +1.29% Health Care REIT Inc. (HCN) $77.90 +1.26% Monster Beverage Corp (MNST) $109.43 +1.17% S&P 500 - Fallers Noble Energy Inc. (NBL) $42.39 -9.58% Peabody Energy Corp. (BTU) $7.00 -9.56% Diamond Offshore Drilling Inc. (DO) $33.99 -8.70% Anadarko Petroleum Corp. (APC) $75.80 -7.89% Denbury Resources Inc. (DNR) $7.30 -7.83% Transocean Ltd. (RIG) $16.84 -7.06% Noble Corporation plc (NE) $15.66 -7.01% Pioneer Natural Resources Co. (PXD) $139.83 -6.71% Cablevision Systems Corp. (CVC) $19.38 -6.65% Ensco Plc. (ESV) $28.18 -6.60% Dow Jones I.A - Risers Merck & Co. Inc. (MRK) $58.04 +1.49% Coca-Cola Co. (KO) $42.14 +0.00% Dow Jones I.A - Fallers Caterpillar Inc. (CAT) $87.03 -5.28% Chevron Corp. (CVX) $108.08 -4.00% Goldman Sachs Group Inc. (GS) $188.34 -3.12% JP Morgan Chase & Co. (JPM) $60.55 -3.10% Exxon Mobil Corp. (XOM) $90.29 -2.74% E.I. du Pont de Nemours and Co. (DD) $71.72 -2.70% American Express Co. (AXP) $90.56 -2.64% 3M Co. (MMM) $160.36 -2.26% Visa Inc. (V) $259.17 -2.21% Home Depot Inc. (HD) $101.26 -2.10% Nasdaq 100 - Risers Illumina Inc. (ILMN) $190.84 +2.92% Gilead Sciences Inc. (GILD) $96.79 +1.98% Monster Beverage Corp (MNST) $109.43 +1.17% Regeneron Pharmaceuticals Inc. (REGN) $412.47 +0.56% CA Inc. (CA) $30.78 +0.29% Paychex Inc. (PAYX) $46.32 +0.17% Sigma-Aldrich Corp. (SIAL) $137.45 +0.10% Nasdaq 100 - Fallers Vimpelcom Ltd Ads (VIP) $4.04 -5.61% Netflix Inc. (NFLX) $331.18 -5.09% Liberty Global plc Series A (LBTYA) $47.74 -4.72% CH Robinson Worldwide Inc (CHRW) $70.60 -4.39% Tesla Motors Inc (TSLA) $210.09 -4.20% Discovery Communications Inc. Class A (DISCA) $33.06 -4.12% Priceline Group Inc (PCLN) $1,097.58 -3.89% Charter Communications Inc. (CHTR) $160.50 -3.56% Vodafone Group Plc ADS (VOD) $32.83 -3.53% 3 Recovery Stocks for 2015 2014 has been a very turbulent year for several  major stocks.  Our report will give you insight into 3  major companies  that may have turned the corner.  Click Here. Newspaper Round Up Tuesday newspaper round-up: Verizon-AOL, RBS, Tesco... Verizon Communications is in talks with AOL about a possible deal to take over the latter or set up a joint venture, The Telegraph said, citing reports. It is thought that Verizon wants to use AOL to expand its mobile video operations. RBS' deputy chief executive Chris Sullivan has left the bank "several months earlier than expected", writes the Financial Times. The departure comes after his evidence to a parliamentary committee was critiscised by MPs. Tesco's pension scheme, one of the last defined-benefit pension schemes in the private sector, is at risk because of the struggles facing the supermarket group, according to The Telegraph. The paper said that new boss Dave Lewis is considering closing the scheme to new members. Bank Fashion has become the first high street casualty of 2015 after announcing that it has gone it into administration, reports The Scotsman. The move has put more than 1,500 jobs at risk after it was determined that a solvent turnaround would not be possible. The National Association of Estate Agents has predicted that the gap between supply and demand for housing could widen further this year, writes The Times. "A crackdown on corruption in China has hit sales of Rolls-Royce cars, taking the shine off otherwise record numbers from one of Britain's great export success stories," The Times writes. "The number of first-time buyers climbing on to the property ladder rose by more than a fifth last year to a seven-year high," says The Guardian. According to a Halifax review, the number of first-time buyers rose 22% to 326,500 in 2014.   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. 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Evening Euro Markets Bulletin

ADVFN III Evening Euro Markets Bulletin Daily world financial news Monday, 05 January 2015 17:38:46 Monitor Quote Charts News CFD's Spreadbetting Free BB   Sponsored by: Trendsignal Your complimentary trading guide Make a consistent income with this simple trading strategy. For your free guide click here. London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London close: UK stocks sink 2% on Greek exit fears, oil-price plunge Concerns about the Greek crisis and continuing downwards pressure on oil prices drove London's stock market 2% lower on Monday, with investors scaling back their appetite for risk ahead of a busy week. The FTSE 100 finished the session down 130.64 points at 6,417.16, its lowest close since 17 December as stocks in the oil and mining sectors dropped sharply. Analyst Alastair McCaig from IG said that "trading screens [were] a sea of red as talk of a Greek exit from the Eurozone drives equity markets lower". Greek Prime Minister Antonis Samaras said the policies of opposition party Syriza, which is leading polls, could drive Greece into default and out of the 19-nation European single currency. "The rise of the anti-austerity Syriza party has sent shivers down the spine of dealers as they are well positioned for the election this month. A victory for the left-wing party does not automatically mean a Greek exit but traders will certainly see it that way," McCaig said. Meanwhile, crude prices declined for the third consecutive day on the back of record supplies from Russia and Iraq. Brent crude dropped below $55 a barrel (bbl) for the first time since May 2009. Investors were also showing caution ahead of a busy week on the economic calendar. Inflation figures from the Eurozone, a Bank of England rate decision and the US jobs report are all due for release over the coming days, along with service-sector data from across the globe. Travel stocks rise, but resource shares tank Hopes about lower fuel costs were boosting share prices in the travel sector with Carnival, IAG and Easyjet flying high by the close. Brent crude was trading down nearly 6% at $53.15/bbl. As such, oil producers such as Shell, BP and Tullow Oil and energy services group Weir were under pressure. BP was also weighed down by speculation that the recent collapse of oil and a weak rouble will hit its fourth-quarter results, due to its exposure to Russia through its stake in Rosneft. Mining stocks were also down, including BHP Billiton, Anglo American and Glencore. Copper hit its lowest in over four years the previous session and was down a further 1.5% at $6,149.75 a metric tonne in afternoon trade. However, Randgold Resources and Fresnillo were on the rise as gold and silver prices increased. Gold was up for the second straight day as concerns about a potential Greek exit spurred safe-haven demand. Department-store chain Marks & Spencer was falling sharply after Societe Generale downgraded its rating on the stock from 'buy' to 'hold' following a recovery in the shares since the company's results in November. The bank said the "shares are well rated versus recent history and so we downgrade to 'hold'".   Will you be able to retire in comfort? Download the 15-Minute Retirement Plan by Fisher Investments.   Click here to download! Market Movers techMARK 2,941.96 -0.57% FTSE 100 6,417.16 -2.00% FTSE 250 15,921.68 -0.81% FTSE 100 - Risers Randgold Resources Ltd. (RRS) 4,536.00p +2.79% Carnival (CCL) 2,980.00p +1.71% Ashtead Group (AHT) 1,182.00p +1.46% International Consolidated Airlines Group SA (CDI) (IAG) 493.50p +1.33% easyJet (EZJ) 1,703.00p +1.19% Land Securities Group (LAND) 1,162.00p +0.87% Smith & Nephew (SN.) 1,175.00p +0.86% Meggitt (MGGT) 513.50p +0.59% British Land Co (BLND) 766.50p +0.59% Fresnillo (FRES) 768.50p +0.46% FTSE 100 - Fallers Weir Group (WEIR) 1,764.00p -6.32% BP (BP.) 389.70p -5.06% Anglo American (AAL) 1,126.50p -4.94% Glencore (GLEN) 282.50p -4.91% Royal Dutch Shell 'B' (RDSB) 2,128.50p -4.79% BHP Billiton (BLT) 1,316.50p -4.46% Tullow Oil (TLW) 396.40p -4.27% Marks & Spencer Group (MKS) 456.80p -4.25% Sainsbury (J) (SBRY) 233.50p -4.07% Royal Dutch Shell 'A' (RDSA) 2,080.00p -4.06% FTSE 250 - Risers Hikma Pharmaceuticals (HIK) 2,130.00p +7.47% Alent (ALNT) 350.70p +4.07% Man Group (EMG) 165.40p +2.80% Poundland Group (PLND) 330.70p +2.77% Nostrum Oil & Gas (NOG) 452.00p +2.73% Bank of Georgia Holdings (BGEO) 2,162.00p +2.61% IP Group (IPO) 212.00p +2.51% Ted Baker (TED) 2,253.00p +2.41% RPC Group (RPC) 515.00p +2.39% Pace (PIC) 348.00p +2.17% FTSE 250 - Fallers Drax Group (DRX) 421.50p -7.26% Premier Oil (PMO) 153.10p -7.04% Afren (AFR) 42.52p -6.77% Hunting (HTG) 490.00p -6.49% Petrofac Ltd. (PFC) 665.00p -6.47% Oxford Instruments (OXIG) 1,199.00p -6.33% Wood Group (John) (WG.) 578.50p -6.01% Lonmin (LMI) 166.60p -4.85% Evraz (EVR) 145.00p -4.61% Kaz Minerals (KAZ) 249.00p -4.49% 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. Europe Market Report FTSE 100 Euronext Dax perf CAC 40 Europe close: Stocks in the red on oil price plunge, Grexit concerns European stocks were in the red as oil prices plunged and as reports emerged that Greece may leave the European single-currency area. Energy stocks, including Total SA and BP, declined after oil prices fell for a third day. Brent crude dropped 6.6% to $52.90 per barrel in afternoon trade, according to the ICE. Meanwhile, Germany's Der Spiegel magazine reported that German Chancellor Angela Merkel is looking to accept a Greek euro exit ahead of the Mediterranean country's elections in three weeks. Prime Minister Antonis Samaras said the policies of opposition party Syriza, which is leading polls, could drive Greece into default and out of the 19-nation European single currency. Syriza is gaining popularity on promises to increase wages, persuade the euro-area to write off Greek debt and boost government jobs. German inflation, Eurozone investor confidence German inflation eased more than expected in December, according to preliminary estimates, adding to speculation that the European Central Bank (ECB) will introduce full-blown quantitative easing at the 22 January meeting to deflect risks of deflation. German consumer prices rose by 0.2% year-on-year last month, compared to 0.6% a month earlier. Analysts had predicted 0.3% growth. The report comes before Wednesday's Eurozone inflation report which is forecast to show a further slowdown. In other Eurozone data, Sentix's index on investor sentiment in the euro-area increased to 0.9 in January from -2.5 a month earlier, well ahead of forecasts of -1.0. ECB President Mario Draghi said last week that the risk of deflation "cannot be entirely excluded", adding to QE bets. In the UK, Markit's purchasing managers' index for construction in December fell to 57.6 from 59.4 a month earlier, missing forecasts of 59. A reading above 50 signals expansion. Airlines rally International Consolidated Airlines Group SA, Air France-KLM Group, Ryanair Holdings and Easyjet gained amid bets that airlines will benefit with lower fuel costs. Bayerische Motoren Werke AG slumped as the carmaker agreed to give 5.1bn yuan to its Chinese distributors to help cover their losses after the retailers threatened to stop ordering cars from the manufacturer. Actelion advanced as Bank of America Corp. recommended buying the Swiss drugmaker. Eutelsat Communications SA jumped after Credit Suisse Group AG upgraded the shares to the equivalent of 'buy'. 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: Wall Street drops early on as energy shares tank US equity markets suffered heavy losses on Monday as Wall Street tracked European indices lower with energy stocks dropping sharply. The Dow Jones Industrial Average was down 1% at 17,656 by 10:03 in New York, while the Nasdaq declined 0.8% and the S&P 500 fell by another 1.1%. "With little in the way of significant data today, the US markets couldn't help but follow the tone of the day set by a chaotic Europe this morning, leading the Dow Jones to continue its regression away from the 18,000 level it hit pre-Christmas," said analyst Connor Campbell from Spreadex. Inflation figures from the Eurozone, a Bank of England rate decision and the US jobs report are all due for release over the coming days, along with service-sector data from across the globe. Oil stocks were under heavy selling pressure on Monday as crude prices declined for the third consecutive day on the back of record supplies from Russia and Iraq. Brent crude dropped below $55 a barrel (bbl) for the first time since May 2009. Meanwhile, the euro dropped to a nine-year low against the dollar amid concerns that Greece might leave the Eurozone should anti-austerity party Siriza win the elections later this month. Energy stocks tank Energy majors Anadarko Petroleum, Devon Energy, Chevron Corporation, Occidental Petroleum and ConocoPhillips were among the worst performers after the opening bell. Strong sales figures from auto giants General Motors weren't enough to push the stock higher, despite sales in December rising by a better-than-expected 19%. Ford's sales rose just 1%, causing the stock to drop sharply. Boston Scientific surged after JPMorgan upgraded its recommendation on the medical research group to 'overweight'. In other markets, West Texas Intermediate futures for February delivery were down 3.5% at $50.85/bbl, while Brent declined 4.2% to $54.03/bbl. 3 Recovery Stocks for 2015 2014 has been a very turbulent year for several  major stocks.  Our report will give you insight into 3  major companies  that may have turned the corner.  Click Here. Broker Tips Broker tips: Tesco, Royal Mail, Pub companies With all three of the listed UK supermarkets due to report on Christmas trading this week, Oriel Securities has predicted that Tesco is the most likely to "surprise on the upside". Like-for-like (LFL) sales at Tesco "should benefit from improved customer service and aggressive promotional and vouchering activity", the broker said. However, it warned that forecasts "should equally be fully-loaded for the costs of this". The collapse of troubled parcel-delivery firm City Link is "not a major positive" for rival Royal Mail Group (RMG), according to UBS which kept its 'neutral' rating on the FTSE 100 group on Monday. Analyst Dominic Edridge from the Swiss bank said: "One of the problems RMG has faced has been the growth in parcel market capacity (including DPD, Hermes, UK Mail and, especially Amazon). Assuming Citylink's capacity disappears we believe this should offset the increase from Amazon - but not the others." Numis Securities said it expects companies in the pub industry to report "positive" trading over Christmas when they update the market over the coming weeks.   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 Monday, 05 January 2015 09:47:07 Monitor Quote Charts News CFD's Spreadbetting Free BB   Sponsored by: Trendsignal Your complimentary trading guide Make a consistent income with this simple trading strategy. For your free guide click here. London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London open: UK stocks rise ahead of data-heavy week, M&S falls After an initial dip, UK stocks pushed into positive territory early on Monday as traders returned to their desks after the festive holidays in an optimistic mood. London's FTSE 100 index was up 0.4% at 6,571, quickly bouncing off an intraday low of 6,522.59 reached shortly after the open. "This Monday finally sees the return of most traders from the Christmas break and also the return of the volume into these markets," said analyst James Hughes from Alpari UK. This week looks set to be fairly busy in terms of economic data, with inflation figures and purchasing managers' indices (PMIs) from the Eurozone, a Bank of England rate decision and the US jobs report all due for release. "So anyone who thought they could just ease themselves back into things with a comfortable week will have a bit of a shock coming," Hughes said. The positive start for UK markets followed an upbeat session in China overnight as the Shanghai Composite Index rose 3.6% to a new five and a half-year high amid speculation that policymakers will ease monetary policy further. Figures released last week showed that factory output growth in China slowed down in December with the government's 'official' manufacturing PMI falling from 50.3 to an 18-month low of 50.1. HSBC's own manufacturing PMI showed a contraction in the sector last month with a reading under the break-even point of 50. M&S hit by downgrade Department store chain Marks & Spencer was trading in the red on Monday after analysts at Societe Generale downgraded their recommendation for the stock from 'buy' to 'hold'. Mike van Dulken, head of research at Accendo Markets, said that M&S is expected to join others in the retail industry this week by revealing a "slump" in Christmas sales. "While M&S tends to do well with its festive food offering, falling food prices and changing habits with cost conscious consumers shopping elsewhere may have kept a lid on sales for the division," he added. GlaxoSmithKline was lower after JPMorgan Cazenove lowered the stock to 'underweight', while pharmaceutical peer AstraZeneca was upgraded by the US bank to 'neutral'. Precious metals producers Fresnillo and Randgold Resources were high risers early on as gold and silver prices rose. AIM-listed Stevia ingredients maker PureCircle moved higher after saying that launches of lower-calorie fizzy drinks by Coca-Cola and PepsiCo resulted in a 24% jump in sales in the first half. Will you be able to retire in comfort? Download the 15-Minute Retirement Plan by Fisher Investments.   Click here to download! Market Movers techMARK 2,972.20 +0.46% FTSE 100 6,571.45 +0.36% FTSE 250 16,137.43 +0.53% FTSE 100 - Risers Fresnillo (FRES) 789.00p +3.14% Carnival (CCL) 3,013.00p +2.83% International Consolidated Airlines Group SA (CDI) (IAG) 498.90p +2.44% easyJet (EZJ) 1,723.00p +2.38% Barratt Developments (BDEV) 471.00p +2.28% Ashtead Group (AHT) 1,190.00p +2.15% Aberdeen Asset Management (ADN) 441.70p +1.92% Taylor Wimpey (TW.) 137.40p +1.85% Randgold Resources Ltd. (RRS) 4,494.00p +1.84% Reckitt Benckiser Group (RB.) 5,260.00p +1.84% FTSE 100 - Fallers Marks & Spencer Group (MKS) 470.50p -1.38% BP (BP.) 405.50p -1.21% Weir Group (WEIR) 1,866.00p -0.90% Morrison (Wm) Supermarkets (MRW) 181.60p -0.87% Aggreko (AGK) 1,486.00p -0.73% GlaxoSmithKline (GSK) 1,374.50p -0.61% Royal Dutch Shell 'A' (RDSA) 2,155.00p -0.60% BG Group (BG.) 859.70p -0.52% Royal Dutch Shell 'B' (RDSB) 2,225.00p -0.47% Tullow Oil (TLW) 412.20p -0.46% FTSE 250 - Risers Hikma Pharmaceuticals (HIK) 2,086.00p +5.25% Poundland Group (PLND) 335.00p +4.10% Indivior (INDV) 153.10p +2.75% Ocado Group (OCDO) 426.50p +2.55% RPC Group (RPC) 514.50p +2.29% Ophir Energy (OPHR) 147.80p +2.28% Supergroup (SGP) 869.50p +2.11% Ted Baker (TED) 2,246.00p +2.09% Kier Group (KIE) 1,520.00p +2.01% Berkeley Group Holdings (The) (BKG) 2,514.00p +1.99% FTSE 250 - Fallers Brit (BRIT) 264.90p -2.43% Nostrum Oil & Gas (NOG) 430.70p -2.11% Zoopla Property Group (WI) (ZPLA) 195.00p -1.71% JPMorgan Emerging Markets Inv Trust (JMG) 585.00p -1.52% Spire Healthcare Group (SPI) 368.00p -1.47% Barr (A.G.) (BAG) 580.00p -1.44% Synthomer (SYNT) 234.00p -1.43% Premier Oil (PMO) 162.70p -1.21% Rank Group (RNK) 158.10p -1.19% UK Event Calendar INTERIM DIVIDEND PAYMENT DATE Amec Foster Wheeler, Dee Valley Group, Dee Valley Group (Non-Voting) QUARTERLY PAYMENT DATE Blackrock North American Income Trust QUARTERLY EX-DIVIDEND DATE JP Morgan Chase & Co INTERNATIONAL ECONOMIC ANNOUNCEMENTS Auto Sales (US) (15:00) SPECIAL DIVIDEND PAYMENT DATE Polyus Gold International Ltd UK ECONOMIC ANNOUNCEMENTS PMI Construction (09:30)   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. Europe Market Report FTSE 100 Euronext Dax perf CAC 40 Europe open: Stocks little changed amid Greek euro exit speculation European stocks were little changed amid concerns that Greece will leave the European single-currency area. German Chancellor Angela Merkel is expected to accept a Greek euro exit ahead of the Mediterranean country's elections in three weeks, according to Germany's Der Spiegel magazine. In parallel, Prime Minister Antonis Samaras said the policies of opposition party Syriza, which is leading polls, could drive Greece into default and out of the 19-nation European single currency. Syriza is gaining popularity on promises to increase wages, persuade the euro-area to write off Greek debt and boost government jobs. Meanwhile, investors will be closely watching the release of economic data out of the Eurozone this week ahead of the European Central Bank's policy decision on 22 January, when President Mario Draghi may announce full-blown quantitative easing. The central bank head said last week that the risk of deflation "cannot be entirely excluded". Consumer prices may have fallen for the first time in five years last month, data is forecast to show on Wednesday. Turning to Monday's agenda, a report at 09:30 London time is projected to reveal that Eurozone investor confidence improved in January. Germany's inflation report at 13:00 is expected to show a fall in consumer prices. In the UK, Markit's purchasing managers' index for construction in December will be released at 09:30 with analysts predicting a slowdown in growth. Energy stocks slide Energy companies, including Total SA and BP, declined after oil prices fell for a third day. Crude posted a fresh five-year low after Iraq said it will boost exports this month. Sanford C. Bernstein slashed its forecasts for Brent this year, blaming an increase in global spare capacity and a rise in inventories. Brent crude was down 1.7% to $55.46 in morning trade, according to the ICE. In other company news, Bayerische Motoren Werke AG slumped as the carmaker agreed to give 5.1bn yuan to its Chinese distributors to help cover their losses after the retailers threatened to stop ordering cars from the manufacturer. The euro fell 0.36% to $1.1959. 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: Markets in the red after economic data The Dow Jones Industrials rose 0.06% to 17,832.99 while the S&P 500 slipped 0.03% to 2,058.20 and the Nasdaq-100 declined 0.14% to 4,230.24. US construction spending fell 0.3% month-on-month in November, coming in below consensus expectations of a 0.4% rise for a moderate boost on the month. Barclays Research added: “Taking into account the November data and revisions to prior months, the revised profile for our Q4 GDP tracking suggests state and local government spending should provide more of an offset to a Q4 contraction in federal spending than we previously expected.” The Institute of Supply Management's (ISM) manufacturing sector purchasing managers' index retreated in December to a reading of 55.5 from a reading of 58.7 in the month before. That undershot analysts' expectations for a print of 57.5. However, several industries, including textile mills, machinery and fabricated metal products, reported they were being negatively affected by the stand-off at ports on the West Coast between the US longshoremen's union and the Pacific Maritime Association. Oil prices slid as WTI crude futures closed 1.255% down to $52.61 a barrel, while Brent futures closed on a dip of about 1.667% down to $56.39 a barrel. Connor Campbell from Spreadex noted: “With global manufacturing weakening, from China to the USA to Europe, and Russia and Iraq making production gains, for oil the New Year is much the same as the Old Year: abysmal.” Over on COMEX, gold futures edged higher by 0.36% to $1,188.40 while the dollar advanced against the pound, the yen and the euro. Campbell added: "This strong dollar was also a blow to gold, as the yellow metal fell on the back of the US currency’s stellar start to the year. With the dollar continuing to negate the metal as a viable alternative investment, gold looks set to continue its poor-performance trend in the short-term." The yield on a benchmark US 10-year Treasury receded by six basis points to 2.11%. Meanwhile, in the corporate world, Vertex Pharmaceuticals advanced by 3.59% while Denbury Resources plummeted 2.58% to $7.92. S&P 500 - Risers Range Resources Corp. (RRC) $55.40 +3.65% Vertex Pharmaceuticals Inc. (VRTX) $123.07 +3.59% Laboratory Corporation of America Holdings (LH) $111.42 +3.26% Quest Diagnostics (DGX) $68.97 +2.85% EQT Corp. (EQT) $77.52 +2.40% Newmont Mining Corp. (NEM) $19.34 +2.33% Thermo Fisher Scientific Inc. (TMO) $128.12 +2.26% Ventas Inc. (VTR) $73.31 +2.25% Equity Residential (EQR) $73.41 +2.19% Netflix Inc. (NFLX) $348.94 +2.15% S&P 500 - Fallers Gannett Co. Inc. (GCI) $30.66 -3.98% Nabors Industries Ltd. (NBR) $12.49 -3.78% Staples Inc. (SPLS) $17.61 -2.81% Denbury Resources Inc. (DNR) $7.92 -2.58% Dentsply International Inc. (XRAY) $51.93 -2.52% Interpublic Group of Companies Inc. (IPG) $20.26 -2.46% Kohls Corp. (KSS) $59.59 -2.38% Omnicom Group Inc. (OMC) $75.93 -1.99% Newfield Exploration Co (NFX) $26.60 -1.92% H&R Block Inc. (HRB) $33.08 -1.78% Dow Jones I.A - Risers Visa Inc. (V) $265.02 +1.08% International Business Machines Corp. (IBM) $162.06 +1.01% AT&T Inc. (T) $33.87 +0.83% Merck & Co. Inc. (MRK) $57.19 +0.70% Microsoft Corp. (MSFT) $46.76 +0.67% Pfizer Inc. (PFE) $31.33 +0.58% Verizon Communications Inc. (VZ) $46.96 +0.42% Exxon Mobil Corp. (XOM) $92.83 +0.41% Caterpillar Inc. (CAT) $91.88 +0.38% Chevron Corp. (CVX) $112.58 +0.36% Dow Jones I.A - Fallers Home Depot Inc. (HD) $103.43 -1.47% Nike Inc. (NKE) $95.03 -1.16% General Electric Co. (GE) $25.06 -0.83% Cisco Systems Inc. (CSCO) $27.61 -0.74% Procter & Gamble Co. (PG) $90.44 -0.71% McDonald's Corp. (MCD) $93.26 -0.47% Walt Disney Co. (DIS) $93.75 -0.47% Travelers Company Inc. (TRV) $105.44 -0.39% E.I. du Pont de Nemours and Co. (DD) $73.71 -0.31% Unitedhealth Group Inc. (UNH) $100.78 -0.31% Nasdaq 100 - Risers Vertex Pharmaceuticals Inc. (VRTX) $123.07 +3.59% Vimpelcom Ltd Ads (VIP) $4.28 +2.51% Netflix Inc. (NFLX) $348.94 +2.15% Celgene Corp. (CELG) $113.52 +1.48% Mondelez International Inc. (MDLZ) $36.79 +1.28% Catamaran Corp (CTRX) $52.21 +0.89% Linear Technology Corp. (LLTC) $45.99 +0.87% Alexion Pharmaceuticals Inc. (ALXN) $186.59 +0.84% CA Inc. (CA) $30.69 +0.79% Biogen Idec Inc. (BIIB) $342.01 +0.75% Nasdaq 100 - Fallers Staples Inc. (SPLS) $17.61 -2.81% Baidu Inc. (BIDU) $223.20 -2.09% Liberty Interactive Corp (QVCA) $28.92 -1.70% Mattel Inc. (MAT) $30.47 -1.53% Twenty-First Century Fox Inc Class A (FOXA) $37.85 -1.45% CH Robinson Worldwide Inc (CHRW) $73.84 -1.40% Tesla Motors Inc (TSLA) $219.31 -1.39% Wynn Resorts Ltd. (WYNN) $146.89 -1.26% Liberty Media Corporation - Class A (LMCA) $34.85 -1.19% Comcast Corp. (CMCSA) $57.35 -1.14%   3 Recovery Stocks for 2015 2014 has been a very turbulent year for several  major stocks.  Our report will give you insight into 3  major companies  that may have turned the corner.  Click Here. Newspaper Round Up Monday newspaper round-up: ECB, UK retailers, PRA... A Financial Times survey of economists has uncovered scepticism surrounding a potential quantitative easing (QE) programme by the European Central Bank. Most economists questioned by the paper said they expected growth and inflation to remain weak even with QE. The Guardian reports that John Lewis' boss Andy Street has warned other retailers that Black Friday promotions must be kept under control in 2015, as strong demand over the promotional weekend hit Christmas profitability. A quarterly poll by Deloitte has found that the upcoming General Election is the top concern among UK companies, The Guardian says. A weakening Eurozone and possible British exit from the EU were also cited as a worry. Nearly one in six staff at the Bank of England's financial regulator, the Prudential Regulation Authority (PRA), left last year, The Telegraph writes. The annual employee turnover rate at the PRA rise to 15,4%. Simon Stevens, the head of the NHS, has said that the next government could face a "public backlash" if it fails to deliver sustained annual funding increases for the health service, reports the Financial Times. He said that "boom-bust" funding cycles are "inefficient for taxpayers and bad for patients". The Telegraph has said that UK supermarkets are sitting on more than 1,000 acres of land and are building on just 6% of it as the industry continues to struggle. Just 2.8m square feet of a total 46.61m square feet is under construction.   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