Archive for Tag: FTSE MIB

European stock markets

European Stock Futures Higher; Fed Meeting Looms Large

European stock markets are expected to open higher Tuesday, rebounding from the previous session’s sharp losses, although worries remain about the contagion risks associated with property giant China Evergrande Group, while the Federal Reserve’s policy meeting continues to dominate thinking. At 2:05 AM ET (0605 GMT), the DAX Futurescontract...

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European stocks

European stocks track Asian equities higher

European stocks inched higher on Friday, tracking a positive trading session in Asia, even as investors weighed risks from tighter monetary policies after the European Central Bank signalled a slowdown of its pandemic-era bond purchases. The pan-European STOXX 600 index was up 0.2%, as of 0710 GMT, but was...

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European stock markets

European Stock Futures Higher; German Retail Sales Slump

European stock markets are expected to open higher Wednesday, helped by upbeat comments from the ECB, but concerns remain about the strength of the global economic recovery. At 2:05 AM ET (0605 GMT), the DAX Futurescontract in Germany traded 0.3% higher, CAC 40 Futuresin France climbed 0.6% and the...

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European Stock Futures

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

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

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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British house prices

UK house prices return to growth in July – Halifax

British house prices rose in July after falling in June as demand for bigger homes following pandemic lockdowns helped to soften the impact of a reduced tax break for buyers, mortgage lender Halifax said on Friday. House prices last month were 0.4% higher than in June when they fell...

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