Archive for Tag: cac 40

European Stock Futures Higher; German Retail Sales Slump

European stock markets are expected to open higher Wednesday, helped by upbeat comments from the ECB, but concerns remain about the strength of the global economic recovery. At 2:05 AM ET (0605 GMT), the DAX Futurescontract in Germany traded 0.3% higher, CAC 40 Futuresin France climbed 0.6% and the...

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European Stock Futures Edge Higher; Chinese Data Disappoints

European stock markets are expected to open marginally higher Tuesday, continuing to benefit from Federal Reserve Chairman Jerome Powell’s relatively dovish message on Friday. However, gains will be limited after disappointing growth data out of China. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded...

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European stocks head lower on virus, policy anxiety

European shares headed lower on Thursday after data outlined faltering German consumer morale as COVID-19 cases surged, while worries about monetary policy outlook further dented the mood. The pan-European STOXX 600index fell 0.6% by 0707 GMT, with retail and mining stocks among the biggest losers. Investors remained on edge...

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European Stock Futures Edge Higher; German GDP Rebounds

European stock markets are expected to edge higher at the open Tuesday, helped by a strong handover from Wall Street after the full approval of a Covid-19 vaccine as well as signs of strong German growth. At 2:05 AM ET (0605 GMT), the DAX Futurescontract in Germany traded 0.1%...

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UK economy grew by stronger-than-expected 1.0% in June

Britain’s economy grew by a faster-than expected 1.0% in June, boosted by the huge services sector as people resumed going to see their doctors following the pandemic and after many hospitality firms were allowed to resume indoor service in mid-May, official data showed on Thursday. A Reuters poll of...

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UK house prices return to growth in July – Halifax

British house prices rose in July after falling in June as demand for bigger homes following pandemic lockdowns helped to soften the impact of a reduced tax break for buyers, mortgage lender Halifax said on Friday. House prices last month were 0.4% higher than in June when they fell...

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European Stocks Mixed; Societe Generale, BP Impress With Earnings

European stock markets traded largely higher Tuesday, helped by a batch of largely positive corporate earnings from a number of corporate giants. At 3:30 AM ET (0730 GMT), the DAXin Germany traded largely flat, the U.K.’s FTSE 100climbed 0.3% and the CAC 40in France rose 0.8%. The corporate earnings...

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