Wij gebruiken een aantal cookies om u de best mogelijke browser ervaring te bieden. Door deze website te blijven gebruiken, gaat u akkoord met ons gebruik van cookies. U kunt hier meer leren over ons cookie-beleid of door op de link te klikken onderaan iedere pagina van onze website.
Around another 1% has been knocked from Europe’s two biggest domestic indices, with Germany’s blue chips breaching. Our APAC markets team pointed towards a surge in volume overnight.
US strikes on Iraq and further Gaza tension have done nothing but add to the sinking feeling. US 10-years have hit a new low yield for the year and gold has caught a bid, so safe-haven trading is present and a red end to another red week looks firmly entrenched for equities.
The weekend will feel like a long time for potential bad news to fester after many geopolitical events have come to a head all at the same time.
Unsurprisingly Fresnillo (+2%) leads the select list of gaining stocks today, as silver moves higher and back above the $20 line. All sectors are red, and there is not much room for positive spin.
A rise in third-quarter profits for TUI Travel (-0.8%) would probably see it higher in a better market, and investors will be keenly watching proceedings around the parent company’s proposed swallow up of the London listed entity, with a little over a month to go till the deadline.
After another awkward session last night, with US futures reacting badly to a scaling up of involvement to operations in Iraq, and the morning’s European selloff sees us calling the Dow Jones to open around 16,318, 50 points lower.