European stock markets are expected to edge lower at the open Wednesday, ahead of a much-anticipated Federal Reserve meeting which could see the start of the winding down of pandemic-era monetary stimulus in the world’s largest economy. At 2 AM ET (0700 GMT), the DAX futures contract in Germany...
European stock markets slumped Friday, starting the fourth quarter on a weak note on concerns rising inflation will prompt central banks to withdraw stimulus just as growth slows. At 3:25 AM ET (0725 GMT), the DAX in Germany traded 1.1% lower, the CAC 40 in France fell 1% and...
European stock markets are expected to open marginally lower Tuesday, handing back some of the previous session’s strong gains, but losses are likely to be small as China’s trade data pointed to solid global demand. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1%...
European stock markets are seen opening marginally lower Monday, with investors keeping a wary eye on the oil market following signs that China’s economic recovery may be slowing. At 2 AM ET (0600 GMT), the DAX Futurescontract in Germany traded 0.2% lower, CAC 40 Futures in France dropped 0.1%...
Global shares retreated from recent highs on Wednesday, as Asian markets grew jittery about a resurgence of COVID-19 cases and Western markets awaited Friday’s U.S. jobs report and what it might mean for monetary policy. Asset markets have been buoyed over the past year by trillions of dollars in...
European shares ended higher on Tuesday after data showed economic sentiment improved sharply in June, while Adidas lifted the German index with a share buyback plan. The pan-European STOXX 600 closed 0.3% higher at 456.37 points, after data showed eurozone economic sentiment hit a 21-year high in June as...
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...
A slide in European bank and energy stocks was exacerbated by hawkish comments from a Federal Reserve official, which also saw the STOXX 600 index snap a four-week winning streak as fears of U.S. policy tightening came to the fore. The pan-European STOXX 600 index ended 1.6% lower in its...
The European Commission will make an assessment of banks it banned from EU Recovery Fund bond issuance very soon, which could see lenders re-admitted to the process, sources familiar with the situation told Reuters on Wednesday. The European Union has excluded some of the biggest investment banks with past...
European stocks inched to fresh peaks on Thursday as the European Central Bank raised its recovery outlook and promised to keep ample stimulus flowing, while travel stocks fell after a recent run of gains. The pan-European STOXX 600index was up just 0.1%, but at a fresh record high of...