Archive for Tag: DAX 30 index

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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European stocks climb after bruising week

European stocks followed Asian markets higher on Monday after a bruising selloff last week on global growth worries, while investors awaited a raft of business activity data. The pan-European STOXX 600index rose 0.6% by 0714 GMT after worries over a surge in COVID-19 cases and tighter scrutiny on Chinese...

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European stocks steady as travel sector rebounds

European stocks inch higher on Wednesday after a wobbly start to the week, as investors balanced risks from a spike in global COVID-19 cases with signs of a steady economic recovery in the continent. The pan-European STOXX 600index rose 0.1% by 0712 GMT, with travel and leisure stocks recovering...

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European Stock Futures Lower; Chinese Regulatory Fears Weigh

European stock markets are expected to open lower Tuesday, weighed by losses in Asia amid Covid, geopolitical concerns and fresh Chinese regulatory fears. At 2:10 AM ET (0610 GMT), the DAX Futures contract in Germany traded 0.5% lower, CAC 40 Futuresin France dropped 0.4% and the FTSE100 Futurescontract in...

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European Stock Futures Lower; China Data Points to Slowdown

European stock markets are expected to open lower Monday, as a string of weak Chinese economic data releases points to a Covid-induced slowdown at one of the globe’s key growth engines. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.4% lower, CAC 40 Futures...

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European stocks set for fourth week of gains

European stocks scaled new highs on Friday and were on track for their fourth consecutive week of gains on optimism over a strong earnings season and steady recovery from the pandemic-led economic downturn. The pan-European STOXX 600index inched up 0.1% by 0712 GMT to hit a record high for...

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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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