European Equity Market Handover Twenty Third April

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By :  ,  Financial Analyst

  • European markets look groggy after the long Easter weekend here and disappointing earnings are contributing a negative bias
  • There were also headwinds from speculation that stronger-than-forecast growth and indicators in China could put a damper on stimulus. This weighed on Asia-Pacific markets and pressure continues to carry
  • A snap election in Spain, set for Sunday 28th April, unsettled the country's benchmark, helping explain its underperformance

Corporate News

  • A below-forecast set of results and guidance from Umicore are casting a cloud. The group generates a high proportion of revenue from China; a poor omen ahead of earnings from heavyweights like Deutsche Bank this week



Upcoming corporate highlights





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Caterpillar Inc

Q1 2019 Caterpillar Inc Earnings Release



Boeing Co

Q1 2019 Boeing Co Earnings Release



Associated British Foods PLC

Half Year 2019 Associated British Foods PLC Earnings Release


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