Archive for Tag: cac 40

European Stock Futures Mixed Ahead of Fed; Rio Tinto, Deutsche Bank Earnings Eyed

European stock markets are expected to open largely unchanged Wednesday, as investors digest continued weakness in Asian markets on China’s regulatory crackdown, more corporate earnings and the outcome of the latest Federal Reserve meeting. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1% lower,...

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ECB MORE CAUTIOUS THAN FED ON INFLATION OVERSHOOT IN NEW TARGET

The European Central Bank took a step in the Federal Reserve’s direction with its new inflation target of 2%, while stopping short of a similar commitment to let the economy run hot after a recovery. In announcing the results of its own long-running strategy review on Thursday, officials in...

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Oil rally helps energy stocks lead European shares higher

European shares ended higher on Thursday as a rally in crude prices saw energy stocks surge more than 2%, while strong earnings reports helped dispel some concerns over the infectious “Delta” variant of the coronavirus. The pan-European STOXX 600closed 0.6% higher at 455.63 points, with energy stocks marking their...

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European Stock Futures Lower; French 1Q GDP Impresses

European stock markets are seen opening slightly lower Friday, ending the week on a cautious note following disappointing Chinese growth data and ahead of key European numbers and the continuing first-quarter earnings season. At 3:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC...

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