Archive for Tag: European Central Bank

Europe's STOXX 600

Europe’s STOXX 600 hits record high on global recovery optimism

Europe’s benchmark equity index hit a record high on Tuesday, recovering all of its pandemic-driven losses as investors bet on a speedy global economic recovery, spurred by bumper stimulus spending and COVID-19 vaccination programmes. European traders returned from a long weekend to push the STOXX 600 up 0.8% to...

Read More
European Stock Futures

European Stock Futures Lower on Lockdown Concerns; Turkey Also in Focus

European stock markets are seen opening lower Monday, weighed by plans for further lockdowns to combat a third wave of Covid-19 cases, while investors also watch events in Turkey closely. The DAX Futurescontract in Germany traded 0.3% lower, CAC 40 Futuresin France dropped 0.6% and the FTSE 100 FUTURES...

Read More
European stocks

European shares rise as Danone, Flutter Entertainment jump

European stocks rose on Monday, helped by gains in French food company Danone and betting firm Flutter Entertainment, with optimism about a strong economic rebound calming concerns about quickening inflation. The pan-European STOXX 600 index rose 0.6%, inching closer to a record peak set last year, with travel and...

Read More

Democrat Senate win drives European stocks higher

European and Global stocks and commodities gained on Thursday in anticipation of a big borrowing and big spending Democrat administration driving growth, following runoff elections that gave the party control of U.S. Congress. U.S. Treasuries had suffered their steepest selloff in months after Democrat victories in two Georgia races...

Read More

European And Global Stocks fall as investors brace for possible ‘blue sweep’ in Georgia

Global stock prices slipped and bond yields rose on Wednesday as investors braced for the prospect that Democrats could win both races in a U.S. Senate run-off election in Georgia, handing them control of the chamber. Along with their narrow majority in the House of Representatives, a “blue sweep”...

Read More

EUROPEAN STOCKS DOWN RESTRAINED BY LOCKDOWN RISK

The Dollar Index was last at 89.704, not far from its recent 2-1/2-year low of 89.515 having shed almost 7% in 2020. The euro pushed back up to $1.2252, having run into profit-taking late last week when it reached the highest since early 2018 at $1.2309. It gained almost...

Read More