Hee is our last look at the markets before the weekend…
FTSE 100 +0.78% 6,096
DAX +1.09% 12,625
EURO STOXX 50 +1.01% 3,294
Risk is back on after yesterday’s fall! US equities are mainly moving higher as well, although the Nasdaq is slightly down by -0.02%. The Dow Jones is up 0.68%, while the S&P 5oo is up 0.35%.
In FX the EURUSD is up on the day, trading at 1.1314, while cable (GBPUSD) is also up at 1.2648.
Have a great weekend, traders!
Seeing as electric vehicle companies are all the rage right now, let’s give you some news on one that isn’t (yet) publicly-traded…
A report from CNBC states that:
American Airlines has threatened to cancel some Boeing 737 Max orders according to sources.
American Airlines is currently trading at $11.36 +1.52%.
Boeing is at $172.80 -0.28%.
Also, on another note, I can’t believe I missed the opportunity for a Beyond meat pun!
Beyond Meat’s share price has fallen 6% after Citigroup initiated a sell. They said they see margin pressure on the company due to high operating costs.
The US markets have opened up, so let’s take a look at how they are performing…
Dow Jones +0.29% 25,781
S&P 500 +0.15% 3,156
Nasdaq -0.35% 10,510
Let’s take our customary lunchtime look at how the European Markets are performing so far…
FTSE 100 +0.46% 6,077
DAX +0.38% 12,536
EURO STOXX 50 +0.40% 3,274
A slight turn around after yesterday’s fall.
The EURUSD is currently trading at 1.1285 after touching the 1.13 level briefly, while the GBPUSD is at 1.2597. Both pairs are seeing pullbacks after beginning to move higher this morning.
It’s a bit of a slow news day on the stocks front, but here are some of the biggest gainers so far in Europe…
Here is our first look at some of the European indices this morning…
FTSE 100 -0.39% 6,026
DAX -0.27% 12,455
EURO STOXX 50 -0.24% 3,253
The EURUSD is trading at 1.1276 after initially moving lower in early morning trading but now seeming to turn around somewhat. The GBPUSD has done much the same, currently trading at 1.2593.
Will the spike in coronavirus cases globally continue to impact risk?
Good morning traders and happy Friday! Let’s take a look at what’s been happening in the Asia trading session…
I’ll be back shortly with an update on European indices….