Market News & Analysis

Top Story

European Equity Market Handover – 23rd April 2019

  • European markets look groggy after the long Easter weekend here and disappointing earnings are contributing a negative bias
  • There were also headwinds from speculation that stronger-than-forecast growth and indicators in China could put a damper on stimulus. This weighed on Asia-Pacific markets and pressure continues to carry
  • A snap election in Spain, set for Sunday 28th April, unsettled the country's benchmark, helping explain its underperformance

Corporate News

  • A below-forecast set of results and guidance from Umicore are casting a cloud. The group generates a high proportion of revenue from China; a poor omen ahead of earnings from heavyweights like Deutsche Bank this week

 

 

Upcoming corporate highlights

 

Date

Time

Company

Event Name

24-Apr-2019

NTS

Caterpillar Inc

Q1 2019 Caterpillar Inc Earnings Release

24-Apr-2019

BMO

Boeing Co

Q1 2019 Boeing Co Earnings Release

24-Apr-2019

BMO

Associated British Foods PLC

Half Year 2019 Associated British Foods PLC Earnings Release



 

BMO: before market open          AMC: after market close              NTS: no time specified


Join our live webinars for the latest analysis and trading ideas. Register now

GAIN Capital UK Limited (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.

No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

For further details see our full non-independent research disclaimer and quarterly summary.