Market Report - Europe Close
European stocks continued their recent move higher amid renewed optimism over Sino-US trade relations and the chances of a Brexit deal.
European stocks were lower at lunchtime on Monday as investors grew sceptical about the progress made in Sino-US trade relations, while weak Chinese data highlighted the impact of tariffs.
European stocks finished higher on Friday as investors grew hopeful that the US and China could agree a trade deal and after European Union Council chief Donald Tusk sounded a guardedly positive note on the outlook for Brexit negotiations.
European stocks climbed on Thursday as investors digested mixed news on the upcoming Sino-US trade talks, with luxury shares doing especially well on the back of strong results from LVMH.
European stocks jumped on Wednesday following positive news on Sino-US trade relations and after the chairman of the US Federal Reserve indicated an openness to further interest rate cuts if necessary.
European stocks finished lower on Tuesday after the US blacklisted 28 Chinese companies just three days before the next round of trade negotiations and amid reports that the Chinese delegation might cut its visit short by a day, denting hopes of a deal.
European stocks finished higher on Monday as investors awaited the restart of trade talks between the US and China, though weak German data soured the mood.
European stocks extended their recent bounce on Friday as Apple suppliers rose on reports of a ramp up in the production of new iPhones, and despite a non-farm payrolls report for September Stateside that analysts described as a "mixed bag".
Stocks on the Continent only managed to eke out but a small bounce on Thursday, after less severe than had been feared US trade tariffs on European luxury goods were offset by survey readings pointing to stalling euro area economic growth and that Germany might have fallen into recession in the third quarter.
European stocks were sharply lower on Wednesday, as investors digested weak manufacturing data from both sides of the Atlantic and slashed expectations for German GDP growth.
European stocks were hammered on Tuesday, reversing early gains, as weak Eurozone manufacturing data offset gains by Apple suppliers and following the release of a considerably weaker than expected reading on US factory sector activity that traders said pointed to substantially slower hiring ahead in the States.
European stocks were mostly higher on Monday, having reversed earlier losses as investors eyed the latest developments in Sino-US trade and positive data from China and the Eurozone.
European stocks were higher on Thursday after US President Donald Trump said Washington and Beijing could be nearing a resolution to their long-running trade spat.
European stocks remained in the red at the close Wednesday, as investors continued to react to the news of an impeachment inquiry into US President Donald Trump, with concerns about Sino-US trade relations also weighing.
European stocks were just above the waterline by the end of trading on Tuesday, as investors eyed the next round of US-China trade negotiations and digested a mixed German Ifo survey.
European stocks were still lower by end-of-play on Monday following the release of weak German manufacturing data, while investors eyed trade negotiations between the US and China.
European stocks were mostly higher on Friday as investors looked to the resumption of Sino-US trade negotiations after a week packed with central bank action.
European stocks were on Thursday as investors digested the impact the Fed's latest rate cut and the Bank of England held its own rates steady.
European stocks ended Wednesday's session a tad higher ahead of the US Federal Reserve's policy announcement, while oil prices continued to retreat from Monday's highs.