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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European stock markets pushed higher Friday, regaining some of the previous session’s sharp losses, but are still set to end the week in the red amid growing concerns about the strength of the global economic recovery. At 3:40 AM ET (0840 GMT), the DAXin Germany traded 0.7% higher, theCAC...
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European stock markets traded lower Thursday ahead of the publication of the ECB’s strategy review, handing back some of the previous session’s gains after a weak lead from Asia. At 4:05 AM ET (0805 GMT), the DAXin Germany traded 1.4% lower, the CAC 40in France fell 1.8% and the...
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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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Germany stocks were mixed after the close on Monday, as gains in the Utilities Technology and Retail sectors led shares higher while losses in the Industrials, Transportation& Logistics and Insurance sectors led shares lower. At the close in Frankfurt, the DAX declined 0.34%, while the MDAX index lost 0.56%,...
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Germany stocks were lower after the close on Wednesday, as losses in the Retail, Chemicals and Insurance sectors led shares lower. At the close in Frankfurt, the DAX lost 1.15%, while the MDAX index lost 0.98%, and the TecDAX index declined 0.97%. The best performers of the session on...
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The European Commission approved on Tuesday Germany’s 25.6 billion euro plan to recover from the pandemic and transform the economy to become greener and more digitalised in coming years. The scheme will be financed from EU grants only until 2026. Once the plan is also approved by EU finance...
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