Reply To: Traders Market Weekly: Fear and Greed in Las Vegas.

#73972
Truman
Participant

Major European indices trade in mixed fashion after a big batch of quarterly results, including a beat from Barclays and a weak report and lowered revenue guidance from STMicroelectronics.

STOXX Europe 600: -0.4%,
Germany’s DAX: -0.7%,
U.K.’s FTSE 100: +0.6%,
France’s CAC 40: -0.9%,
Italy’s FTSE MIB: -0.3%,
Spain’s IBEX 35: +0.2%.
Anglo American received a GBP31 bln acquisition offer from BHP Billiton that would result in the largest copper miner in the world.

Germany
May GfK Consumer Climate -24.2 (expected -25.9; last -27.3)

France
April Business Survey 100 (expected 102; last 103). March jobseeker total 2.812 mln (last 2.821 mln)

Spain
March PPI -8.2% yr/yr (last -8.5%)
There is growing speculation that Spain’s Prime Minister Sanchez will resign after his wife became the subject of an influence-peddling investigation.

European Central Bank policymaker Muller said that he would not be happy with rate cuts being made at consecutive policy meetings.