Archive for Tag: european union

European market

Europe’s IPO market roars back to life, can it last?

The European market for initial public offerings has come roaring back this year after a moribund, COVID-hit 2020, but the poor debut by Deliveroo has amplified concerns around whether the momentum can last. European companies raised $19.55 billion through stock market listings in the first three months of the...

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European stock markets

European Stocks Higher; Rising French Confidence Helps

European stock markets pushed higher Tuesday, helped by growing French consumer confidence while fears of a broader fallout from the U.S. hedge fund default eased. At 3:45 AM ET (0845 GMT), the DAXin Germany traded 0.7% higher, the CAC 40in France rose 0.8%, while the U.K.’s FTSE index climbed...

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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...

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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...

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European Stocks

European Stocks Edge Higher; Danone Surges as CEO Departs

European stock markets edged higher Monday, starting the week on a positive note following strong Chinese growth and ahead of a key Federal Reserve meeting. The DAX in Germany traded 0.3% higher, the CAC 40in France rose 0.6%, climbing to its highest level in a year, and the U.K.’s...

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European stocks

Banks boost European stocks as recovery hopes grow

Shares of banks and automakers lifted European shares on Monday as investors continued to move into economy-linked sectors in hopes of a solid economic rebound from the coronavirus downturn. The pan-European STOXX 600index gained 0.4%, with the banking sector rising 2% to hit a fresh one-year high. Spain’s Banco...

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European stock markets

European Stocks Higher; U.K. Budgetary Support Eyed

European stock markets traded higher Wednesday, on optimism that the global vaccination program will lead to a prompt economic recovery, while attention turns to the annual U.K. budget statement. The DAX in Germany traded 0.9% higher, the CAC 40 in France rose 0.8% and the U.K.’s FTSE index climbed...

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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...

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