European stocks retreat; US Futures drift as investors await fresh cues - Highlight Investment Research

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Wednesday 20 February 2019

European stocks retreat; US Futures drift as investors await fresh cues

Equity benchmark indices in Europe snapped two days' gain on Tuesday led by a sharp fall in banking stocks following disappointing earnings from HSBC Holdings and dovish signals from the European Central Bank (ECB).

The FTSE 100 is down 0.72%, France's CAC 40 is down 0.54%, and Germany's DAX is lower by 0.39%.

US Futures are also drifting ahead of the next round of talks between the US and China to resolve their trade dispute in Washington.

In Asia, Bank of Japan Governor Haruhiko Kuroda told the parliament the central bank would consider extra monetary easing if required, helping lift the Topix index. 

Asian markets closed mixed with the Nikkei 225 gaining 0.10%; the Shanghai Composite rose 0.05%. The Hang Seng fell 0.42%..





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