Vi bruker en rekke cookies for å forsikre oss om at du får den beste brukeropplevelsen. Ved kontinuerlig bruk av denne nettsiden, godtar du bruken vår av cookies. Du kan lese mer om policyen vår for cookies her, eller ved å følge linken nederst på alle sidene på nettstedet vårt.
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.