OctaFX | OctaFX Forex Broker
Open trading account
Back

European equity markets in decline Tuesday

FXstreet.com (Barcelona) - The European stock moved lower Tuesday, with many investors coming back from a long holiday weekend. Earlier today in Germany, the Producer Price Index (YoY) came in at +0.1% in April, missing estimates of +0.2%. In addition, the Producer Price Index (MoM) yielded a decline of -0.2%, which exceeded expectations of a -0.1% decline.

Beginning with the indices and composites, the EURO STOXX 50 fell -0.72% as it settles in region of 2804.04, down -20.26 points in these moments. In addition, the FTSE 100 is trading in negative territory, operating at 6759.41, ascending +3.78 points or +0.06% at the time of writing. Finally, the DAX has weakened recently, trading in the zone of 8417.53 presently -0.45% after a movement of -38.15 points.

Moving to commodities the prices of gold and silver are trading at USD $1380.79 and $22.58 per oz. respectively. In addition, the price of crude is operating at USD $96.31/bbl Tuesday.

Flash: Trade effects from a weaker yen - Nomura

Nomura Strategist Jens Nordvig feels that a big question in relation to the sustainability of the yen move relates to the impact of the weaker yen on trade.
Read more Previous

GBP/USD in lows around 1.5150

The sterling is intensifying its intraday downside on Tuesday, falling to the vicinity of 1.5140 although gaining some pips to the 1.5150 region...
Read more Next
Start livechat