European markets are set to inch higher Tuesday as global investors wait to see whether the dominant U.S. tech sector can recover momentum after last week’s rout, while awaiting key economic data due out of the euro zone. Britain’s FTSE 100 is seen around 10 points higher at 5,947, Germany’s …
Read More »The Markets Cheer a Tory Victory—Pound, Bonds and Bluechips Soar in the UK and Beyond
Shares in Royal Mail, also singled out for nationalization if Corbyn had won the … Banks also performed strongly, boosted by hopes of a stronger U.K. … Source link
Read More »European stocks close lower as Italian PM resigns; FTSE MIB slides 1%
Hopes of stimulus from major world economies had previously buoyed equities. Investors are awaiting minutes from the Fed’s meeting on Wednesday, along with any hints from Chairman Jerome Powell ahead of the central bank’s economic symposium in Jackson Hole, Wyoming, which begins Friday. Finnish central bank governor Olli Rehn said …
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