First Place Finance - European Market Review - 08.08.2019

European stock markets rallied today as most traders and investors swing back toward risk assets and digest a range of corporate earnings.

The French CAC-40 added 1.81%. The German DAX soared 1.25% and London's FTSE-100 gained 0.79%.

The British housing market is losing some ground amid Brexit uncertainty, surveyors say, although parts of the UK are still seeing property values rise.

Adidas stated econd-quarter net profit of 531 million euros. However, also was reported lower second-quarter sales. Adidas’ stock fell 4% in afternoon trade.

Ryanair (RYA.I) has take actions against its present Chief Operations Officer (COO) Peter Bellew, whom low cost rival easyJet (EZJ.L) announced last month it had poached, according to Irish court filings.

Ryanair boss Michael O’Leary told staff on July 11 that Bellew would step down at the end of the year.