Missing revenue targets. Shares sinking after hours and supplies fall in european trade. A shot in the arm for novo nordisk, profits beat forecasts and the drugmaker raises its outlook. Hugo boss shares fall out of fashion sinking to the bottom of the European Market as investors shrug off better than expected earnings. Good morning. Great to have you with us once again. We have a jam packed show for you. We have plenty covered for you from earnings to the outlook for the middle east. Lets kick things off with earnings. Were off by roughly 0. 1 , not by too much. But it seems like theres some profit taking going on. We did see a Strong Performance in yesterdays trading session, the alltime high for the dax. We were at 20month highs. I guess investors will be forgiven for taking profit today. Once again were in the thick of earnings season. This is driving some indices and shares. Lets look at the markets one by one. Youll see the dax is pulling back from yesterdays high. Back below the
It wrong when it comes to inflation . Lets have a look at what is happening to european equities 30 minutes away. It is mixed today, some up, some down. Bondorex front, commodities and cbs is your final three columns. Factoring manufacturing and construction causing a temporary blip. This chart very clearly shows, industrial. S gdp is strong orders pointing to a pickup in manufacturing. It is unlikely a turning point for the german economy. Business confidence is at a high. Lagging domestically behind france, spain, and italy for the first time in 12 years. I thought we would track the cac 40 against the stoxx 600. The blue line is the cac, the white is the stoxx. Here is where we knew the results of the first round of the president ial election. That was the high of the cac 40 this year. Macron emerged the winner. That was the highest back then since 2008. The european benchmark is up by 7 . The stoxx 600 is up by 5. 6 . Just as gold was gaining ratingthe payroll on the parade. Hedge
We stand to benefit very well from these investments Going Forward. A trillion in investments and infrastructure is a real commitment. Building bust. Travis perkins slides to the bottom of the stoxx 600 after reporting a 67 fall in pretax profit. Disappearing app snap getting ready to make a lasting impression on the market preparing to go public just a day after the dow jumps over 300 points to close above 21,000. Good morning. Lets kick off with some corporate news. Shares in roche trading at ninemonth highs after the success of a key cancer drug drill, a combination of herciptin an perjeta together with chemotherapy reduced the occurrence of aggressive Prostate Cancer or death. When i spoke to the company back in february, the coo of roche explained the significance of the trial. Its the next big Clinical Trial to read out. I understand theres a lot of focus on that specific trial. What i would say from a roche perspective, its one of a number of important clinical readouts we will
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