Tuesday, 20 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
European stocks close higher after Trump delays EU auto tariffs
Wednesday, 15 May 2019 23:19 WIB | MARKET UPDATE |EUROPEIndeks Stoxx Europe 600SahamEropa

European stocks made a comeback to trade higher Wednesday on news that President Donald Trump plans to delay the implementation of auto tariffs on European car imports.

The pan-European STOXX 600 closed up 0.39% to 378.06 in trade. Autos jumped 2.02 percent higher after initially being the weakest sector.

Three sources told CNBC the administration will delay those levies by up to six months. The news, which was first reported by Bloomberg News, sent auto stocks higher. Porsche, BMW and Daimler all enjoyed rises of around 3%.

Meanwhile, in a substantial piece of corporate news, reports Tuesday suggested Italian bank UniCredit has stepped up preparations to bid for Commerzbank, just weeks after talks a deal with previous suitor Deutsche Bank fell through. Commerzbank shares traded 2.9% lower Wednesday afternoon.

Source : CNBC

RELATED NEWS
Hong Kong stocks end with big gains (Review)...
Tuesday, 20 August 2019 03:55 WIB

Hong Kong shares jumped more than two percent Monday following a healthy lead from Wall Street with investors cheered by positive comments on trade talks by Donald Trump's top trade adviser. The Hang...

Dow Ends Around 250 Points Higher on Global Stimulus Hopes, Easing Trade Fears...
Tuesday, 20 August 2019 03:17 WIB

Stocks ended sharply higher Monday, further paring their August pullback as investors cheered talk of additional stimulus from global policy makers and a respite from negative trade-war headlines. Th...

Dow rises more than 200 points as Wall Street continues rebound from August sell-off...
Monday, 19 August 2019 23:35 WIB

Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recession. Equities also got a boost after the U.S. agreed to extend a temporary reprieve to Chinese telecom gi...

European stocks close higher as policy stimulus hopes grow; Greene King up 51%...
Monday, 19 August 2019 23:21 WIB

European stocks rose on Monday as hopes emerged for stimulus from central banks and fiscal measures from major economies such as China and Germany. The pan-European Stoxx 600 closed up more than 1% t...

Stocks open sharply higher on trade and stimulus hopes...
Monday, 19 August 2019 20:51 WIB

U.S. stocks opened higher, putting key equity benchmarks on course for a third straight positive session, after reports that Germany was open to the use of deficit spending in the event of a recession...

LATEST NEWS
Hong Kong stocks end with big gains (Review)

Hong Kong shares jumped more than two percent Monday following a healthy lead from Wall Street with investors cheered by positive comments on trade talks by Donald Trump's top trade adviser. The Hang Seng Index climbed 2.17 percent or 557.62...

Dow Ends Around 250 Points Higher on Global Stimulus Hopes, Easing Trade Fears

Stocks ended sharply higher Monday, further paring their August pullback as investors cheered talk of additional stimulus from global policy makers and a respite from negative trade-war headlines. The Dow Jones Industrial Average rose around 250...

Oil Rises on Improvement Reported in Trade Talks, Drone Attack

Oil is getting a boost from a positive spin on U.S.-China trade talks and reports of a new drone attack on a Saudi oilfield. But the bigger factor for the week could be what transpires at the Kansas City Fed's annual gathering in Jackson Hole,...

POPULAR NEWS
Gold Drops 2nd Day on Rising Stocks, Trade Comments
Monday, 19 August 2019 09:39 WIB

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with...

Gold prices dip as equities gain, dollar strengthens
Monday, 19 August 2019 15:42 WIB

Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around...

Gold ends lower as stock-market rebound dulls haven shine
Tuesday, 20 August 2019 02:20 WIB

Gold futures lost ground Monday, ending lower as renewed optimism on the trade front and talk of stimulus by global policy makers dulls investor...

Oil Holds Gains After Drone Attack Fails to Disrupt Saudi Output
Monday, 19 August 2019 07:28 WIB

Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as...