European stocks are roughly flat around noon in lackluster trade on Tuesday with investors largely refraining from making significant moves, as they await some key economic and earnings updates from the U.S. and major European nations. The U.K.’s FTSE 100 is up 0.3%, while Germany’s DAX and France’s CAC 40 …
Read More »European markets open to close, data, news and earnings
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 …
Read More »European markets digest latest euro zone, UK inflation data
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 …
Read More »AstraZeneca and ASML lead European stocks on a rebound after Wall-Street induced rout
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 …
Read More »European markets react as U.S. sees rate induced sell-off
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 …
Read More »U.S. election results being watched closely
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 …
Read More »European stocks seen inching higher as investors watch data, U.S. tech
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 »Poor German manufacturing fails to dent equity rally
In mid-morning trading the FTSE 100 is up ten points, while Royal Mail shares slump following a miserable trading update. Bullish momentum continues to carry equities higher this morning, although strength has begun to wane as investors prepare for tomorrow’s non-farm payroll report. US markets are back at record highs, …
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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