European shares traded with a negative bias, as Tuesday's

ANALYSIS | 04/23/2014 14:27:24 GMT

European shares traded with a negative bias, as Tuesday’s juicy gains were digested. Wall Street opened little changed, but lost some modest ground in the first half hour of trading despite in general strong earnings reports.
Any attack on Russians in Ukraine will be perceived as an attack against Russia, Foreign Minister Sergei Lavrov was quoted as saying today, as Ukraine called for a renewal of a stalled military operation against pro‐Russian forces that have taken over several eastern cities.
Boeing Co. posted a first‐quarter profit that beat analysts’ estimates, buoyed by rising commercial‐jet deliveries as the world’s largest aircraft constructor stepped up the production tempo. Headline earnings by P&G and Dow Chemical, also beat expectations. After market closure, Facebook and Apple post Q1 results.
US New Home sales disappointed. In March, sales fell 14.5% to an annual 384 000 and the February report was revised lower to show a 4.5% month‐on‐month decline. Sales are now at their lowest level since June 2013.

Share: Analysis feed

This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.