Archive for Tag: trading ideas

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 up 0.8% to 435.7 points....

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Suez ship rescuers weigh time and tide with risk of tip or tear

Brent Crude was trading 0.07% up at $64.43. The Dutch emergency response team hired to free the vast ship blocking the Suez canal has pulled off some dramatic recoveries, including lifting Russia’s Kursk nuclear submarine from the Barents Sea floor, but says this is one of the trickiest. Weighing...

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France stocks lower at close of trade; CAC 40 down 0.82%

France stocks were lower after the close on Friday, as losses in the Foods & Drugs,Gas & Water and General Financial sectors led shares lower. At the close in Paris, the CAC 40 fell 0.82%, while the SBF 120 index lost 0.85%. The best performers of the session on...

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Euro Rises to One-Week High Despite ECB Stoking Double-Dip Recession Fears

The euro rose to a one-week high against the greenback even as European Central Bank President Christine Lagarde stoked fears the eurozone is set for a double-dip recession as the pandemic ravages economies across the bloc. EUR/ USDrose 0.47% to $1.2161. The ECB left its rates unchanged and maintained...

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