The British pound has dropped below $1.14 for the first time since 1985 as a combination of dollar strength and recession warnings weighed on the U.K.’s currency. Sterling fell as low as $1.135 at 8:50 a.m. London before rising slightly to $1.1378, marking a fresh 37-year low. It followed the …
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LONDON — European stocks are expected to open around the flatline on Thursday amid market concerns around the region’s inflation outlook. The U.K.’s FTSE index is seen opening 6 points lower at 7,281, Germany’s DAX 2 points lower at 16,248, France’s CAC 40 down 3 points at 7,155 and Italy’s FTSE …
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European stocks joined in on a global bounce on Wednesday, as pressure on bond yields eased somewhat and investors went hunting for beaten-down names. The Stoxx Europe 600 index SXXP, +0.13% rose nearly 0.8% to 455.87, after a 2% drop on Tuesday, which was the biggest percentage decline since July …
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LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session. The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%. Europe investors …
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London’s FTSE is seen 65 points lower at 6,322, Germany’s DAX is seen 124 points lower at 13,075, France’s CAC 40 down 42 points at 5,469 and Italy’s FTSE MIB 121 points lower at 21,445, according to IG. LONDON — European stocks are expected to open lower Thursday as a rally …
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LONDON — European stocks advanced on Wednesday as investors around the world keep watch on the results of the U.S. election. Following a turbulent open, the pan-European Stoxx 600 was up by around 0.6% by late morning, with healthcare stocks jumping 3% while banks shed 1.8%. The results of the …
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