Category: European

  • European Stocks Trade Steady Before US Jobs Data: Markets Wrap

    (Bloomberg) — European stocks and U.S. futures were volatile ahead of key U.S. jobs data that will help determine the course of interest rates. Oil prices fell after escalating tensions in the Middle East led to the largest single-day jump in almost a year. Most read from Bloomberg There was…

  • European shares defy global slump amid Mideast tensions, energy stocks jump By Reuters

    Written by Pranav Kashyap (Reuters) – European stocks rose on Wednesday, led by gains in energy and defense shares, defying declines in Asia and Wall Street after an Iranian missile attack on Israel exacerbated fears of a broader regional conflict. The European index rose 0.3 percent to 522.37 points. The…

  • European automakers most at risk from US dockworkers strike, analysts say By Reuters

    DETROIT (Reuters) – European automakers are likely affected by strikes by dockworkers at U.S. East Coast and Gulf Coast ports because they rely heavily on those sites, but a longer strike could impact the industry more broadly if suppliers suffer, analysts said. Dockworkers began their first large-scale strike in nearly…

  • European shares skid, China stocks surge By Reuters

    Written by Neil McKenzie and Wayne Cole LONDON/SYDNEY (Reuters) – Global stocks fell on Monday as economic uncertainty fueled by conflicts in the Middle East overshadowed policy measures aimed at reviving markets, ahead of a busy week of data that could determine central banks’ next steps. Continued Israeli raids across…

  • European stocks fall after UK growth revision; mixed Asian markets in focus By Investing.com

    Investing.com – European stock markets fell on Monday, the last day of September, as investors digested a series of domestic economic releases as well as the mixed performance of major Asian indices. At 03:05 ET (07:05 GMT), Germany’s stock index fell 0.3%, France’s index fell 0.5%, and the UK’s index…

  • European Central Bank speakers on Friday include Lane and Cipollone

    0815 GMT/0415 EST – ECB Chief Economist Philip Lane delivers opening remarks at conference on fiscal policy, financial sector policy and economic growth 0940 GMT / 0540 EST – Keynote speech by ECB Governing Council Member Piero Cipolloni at the 13th “Economics of Payments” conference organized by the Austrian Central…

  • ForexLive European FX news wrap: China uplifts broader markets; SNB cuts, dollar sluggish

    Headlines: Markets: AUD advances, USD lags during the day European stocks rise; S&P 500 futures up 0.8% The yield on the 10-year US Treasury note fell 0.9 basis points to 3.771%. Gold rises 0.8% to $2,678.03 West Texas Intermediate crude fell 2.8% to $67.77. Bitcoin price rises 1.3% to $64,330…

  • ForexLive European FX news wrap: China uplifts broader markets; SNB cuts, dollar sluggish

    Headlines: Markets: AUD advances, USD lags during the day European stocks rise; S&P 500 futures up 0.8% The yield on the 10-year US Treasury note fell 0.9 basis points to 3.771%. Gold rises 0.8% to $2,678.03 West Texas Intermediate crude fell 2.8% to $67.77. Bitcoin price rises 1.3% to $64,330…

  • Fearing reprisals European airlines cancel Israel flights

    French national airline Air France has announced the cancellation of its flights to Israel until September 20, after initially announcing the cancellation of flights to Tel Aviv until September 19 following the explosions of communication devices in Lebanon. The Lufthansa Group, including Austrian Airlines, Swiss, Brussels Airlines and Eurowings, has…

  • Astria Therapeutics to Present at Upcoming European Academy of Dermatology and Venerology Congress By Investing.com

    BOSTON–(BUSINESS WIRE)–Asteria Therapeutics, Inc. (Nasdaq: ATXS), a biopharmaceutical company focused on developing life-changing therapies for allergic and immune diseases, today announced that it will present preliminary data for nafinibart alfa-star at the upcoming European Academy of Dermatology & Venereology (EADV) Congress in Amsterdam, the Netherlands on September 26, 2024. Dr.…

  • ForexLive European FX news wrap: Sterling up after UK CPI, markets mixed awaiting Fed

    Headlines: Markets: NZD advances, USD lags during the day European stocks lower; S&P 500 futures up 0.1% US 10-year Treasury yields rise 2.8 basis points to 3.677% Gold rises 0.4% to $2,578.75 West Texas Intermediate crude fell 0.9% to $69.22. Bitcoin down 0.7% to $59,913 It’s all about the countdown…

  • Central European floods leave trail of devastation; new areas to evacuate By Reuters

    Written by Kuba Steziecki, Janis Laizan and Radovan Stoklasa WROCLAW, Poland/OSTRAVA, Czech Republic (Reuters) – Volunteers and emergency workers raced to secure river banks in Poland’s historic city of Wroclaw on Tuesday as nearby municipalities advised residents to evacuate their homes and authorities across central Europe counted the cost of…

  • European equity close: Solid gains ahead of the Fed decision

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Forexlive European FX news wrap 17 September – German ZEW falls to a 10 month low

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • European Stocks Rise With Data in Focus Before Fed: Markets Wrap

    (Bloomberg) — European stocks rose as traders awaited a final batch of U.S. economic data that could determine the size of the Federal Reserve’s interest-rate cut on Wednesday. Most Read from Bloomberg Retail and bank stocks led gains on the pan-European STOXX 600, while moves in other markets were muted…

  • European shares end marginally lower on tech drag; Fed in focus By Reuters

    By Shubham Batra and Shashwat Chauhan (Reuters) – European shares closed slightly lower on Monday as losses in heavyweight technology stocks weighed on the index, while the focus remained on the U.S. Federal Reserve, which is widely expected to start its monetary easing cycle this week. The pan-European STOXX 600…

  • That’s a wrap for the European stock markets.

    That was the end of the trading week for European stock indices, and they ended the day with gains, and the week with gains as well. For trading day: German DAX +0.92% French CAC 40 index, +0.41%. UK FTSE 100 +0.39% Spanish IBEX, +1.23% Italy’s FTSE MIB rises 0.34% For…

  • ForexLive European FX news wrap: Light movements ahead of ECB decision, more US data

    Headlines: Markets: Australian Dollar Advances, Swiss Franc Lags During the Day European stocks rise; S&P 500 futures up 0.1% US 10-year Treasury yields rise 1.7 basis points to 3.670% Gold rises 0.2% to $2,516.57 West Texas Intermediate crude rose 1.7% to $68.45. Bitcoin price rises 1.0% to $58,057 The session…

  • European banks rise as UniCredit’s move on Commerzbank lifts M&A prospects to forefront By Reuters

    By Gianluca Lo Nostro and Philippe Leroy-Beaulieu (Reuters) – European banking shares extended their upward trend on Thursday, driven mostly by UniCredit’s performance report after it bought a 9 percent stake in Germany’s Commerzbank the previous day. The pan-European banking sub-index rose 1.9% by 1010 GMT, with analysts pointing to…

  • Mixed results for the European indices on September 11

    European indices close today’s trading with mixed results, on September 11. A screenshot of the final levels shows: German DAX, +0.34% French CAC index -0.14% UK FTSE 100 Index -0.15% Spain’s IBEX rises 0.67% Italian FTSE MIB -0.12% As London/European traders look to the exit, the Dow Jones leads the…