MarketPulse Europe: values, progress through the boost of Trump

© Reuters. – stock markets in europe are more closely scrutinizing the United States and Asia, after the comments of us president Donald Trump have sparked optimism for two reasons.

Trump said Tuesday that he was not only unlikely that the federal government closed again, but he could also postpone the deadline of 1 march to impose new tariffs on chinese imports if he saw enough progress in the negotiations on China’s trade practices.

At 4: 05 p.m. (ET) (0: 05 GMT), the benchmark Stoxx 50 was up 0.4% to 3 202,25. The Dax index in Germany rose 0.5% to 11 175,45, while the {{27 | FTSE 100}} rose 0.4% to 7 164,41.

The markets saw broad gains in the region, the resource companies with good results, traders have revised upwards their expectations regarding the demand for the products of basic chinese. Antofagasta (LON: ANTO), BHP Billiton (LON: BHPB) and Glencore (LON: GLEN) have all gained more than 1.2% in London.

The asset manager Amundi (PA: AMUN) had distinguished himself at Paris, an increase of 4.9% after it reaffirmed its profit target for 2019, despite a last difficult quarter in 2018, in which its managed assets have fallen by 3% to 1.4 billion euros ($1.6 trillion).

The Dutch Heineken (AS: HEIN) has also gained 5% after a strong fourth quarter supported by the sales of its beverage without alcohol. The title has now increased by 13% over the past three weeks.

However, in all of the city of Amsterdam, the investors of ABN AMRO (ACES: ABNd) were in need of more than 0,0 to recover from a fourth quarter marred by write-downs of loans and increased costs. The profit of the bank decreased by 42% in the fourth quarter to $ 316 million euros.

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