European Equity Market Handover – 23rd April 2019

European markets look groggy after the long Easter weekend and disappointing earnings

  • 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





Event Name



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


BMO: before market open          AMC: after market close              NTS: no time specified

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