DJIA27677.79
LIVE28.01(0.10%)
NDX8308.40
LIVE11.87(0.14%)

European markets make gains as investors digest ECB decision


Friday, 7 June 2019 14:38 WIB

Saham EropaStoxx Europe 600


c_740_198_16777215_00_images_assets_EUROPE_0EU158_EU_fla.jpg

European stocks started Friday's session on a relatively positive note, as investors digested the latest news surrounding trade and the global economy.

The pan-European Stoxx 600 climbed 0.6% to 376.24 in early deals, oil and gas stocks leading gains with a 1.3% rise as all sectors except telecoms traded in positive territory.

As another trading week draws to a close, investors in Europe will be looking ahead to the latest nonfarm payrolls out of the U.S, which are due out during Europe's afternoon session.

Economists polled by Reuters are forecasting that the U.S. will add 180,000 jobs during the course of May, yet if the figure is dramatically different to this, then this could impact the U.S. Federal Reserve’s current thinking surrounding interest rates.

Another central bank that traders remain focused on is the European Central Bank. On Thursday, the ECB decided that it would postpone its first post-crisis interest rate hike, while raising its inflation forecast.

Source : CNBC


RELATED NEWS

  • European shares inched higher on Friday as comments from U.S. President Donald Trump that trade talks with China were “moving right along” helped inject some calm into the markets after a rocky week. ...
  • Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal. The Hang Seng index added 1.07 percent, or ...
  • Hong Kong stocks started with gains Friday morning with investors remaining optimistic that China and the United States will reach a partial trade deal. The Hang Seng index added 0.49 per cent, or 12...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.