Category: European
-
ECB rate cut should be positive for European equities By Investing.com
•
Goldman Sachs analysts expect the European Central Bank to cut interest rates next week, a move expected to be positive for European stocks. The bank cites historical data and says European stocks typically perform well after interest rate cuts as financial conditions ease and investors become more optimistic about growth.…
-
One in fifteen European companies face restructuring pressure, with Germany, Austria, and the Nordics taking the lead
•
One in fifteen European companies is facing significant restructuring pressure this year after being hit by high financing costs and weak consumer demand, with Germany, Austria and the Nordic countries particularly under pressure, according to a report issued by Boston Consulting Group. About a third of companies in Germany and…
-
Seven Percent of European Firms Face Restructuring Pressure
•
Breadcrumb links BMN Business One in fifteen European companies is facing significant restructuring pressure this year after being hit by high financing costs and weak consumer demand, with Germany, Austria and the Nordic countries particularly under pressure, according to a report issued by Boston Consulting Group. Article writer: Bloomberg News…
-
FX lightly changed ahead of European morning trade
•
The tension and attraction between major currencies has continued since last week. The dollar looked like it might finally fall early yesterday, but turned things around as yields rose. The latter influenced the risk-on sentiment and also helped maintain dollar support to start the week. Here’s a quick look at…
-
European Stocks Slip as Fed Rate Bets Pushed Back: Markets Wrap
•
(Bloomberg) — European stocks fell on Friday, tracking declines in the U.S. and Asia, as traders retreated from expectations of the Federal Reserve’s first interest rate cut. Most read from Bloomberg The Stoxx Europe 600 index fell 0.5%, heading for its first weekly decline in three weeks, with technology and…
-
European chipmakers gain after Nvidia posts soaring revenues By Investing.com
•
Investing.com – Shares of European chipmakers rose on Thursday, boosted by quarterly results from AI-focused semiconductor group Nvidia (NASDAQ:) that beat high expectations. Nvidia’s revenue in the three months through April 28 rose 262% from a year ago to $26 billion, beating Wall Street estimates of $24.7 billion. In the…
-
European markets mixed as traders digest Fed minutes (EUR:USD)
•
Caithpins/E+ via Getty Images LONDON (UKX) -0.19% UK Composite PMI fell to 52.80 points in May Germany (DAX:IND) +0.19% Germany’s composite manufacturing PMI beat expectations in May France (CAC:IND) +0.27% HCOB France Services PMI fell to 49.4 in May The Eurozone Services PMI (HCOB) reached 53.3 maybe. European STOXX 600…
-
PMI data in focus in European trading today
•
The dollar maintains its stability again, after the slight gains it achieved yesterday. USD/JPY is vying for last week’s high at 156.78 while EUR/USD is pulling back towards a test of its 100-day moving average at 1.0814. This comes after the Fed’s meeting minutes were released overnight, which although more…
-
European markets dip after UK inflation misses forecast (EUR:USD)
•
Da-kook/E+ via Getty Images LONDON (UKX) -0.45% UK inflation fell to 2.3% in April, higher than market expectations of 2.1%. However, it is the lowest since July 2021. UK public sector net borrowing rose to £20.5 billion in April. Germany (DAX:IND) -0.20% France (CAC:IND) -0.43% Sweden’s unemployment rate rose to…
-
European major indices close lower on the day
•
London/ European traders return home as their major indices decline: German DAX -0.22% France CAC, -0.67% UK FTSE 100 Index is down -0.09% Spanish Ibex -0.04% Italian FTSE MIB, -0.64% Meanwhile, in US markets, major indices rose slightly: The Dow Jones Industrial Average rose 18.40 points, or 0.05%, to 39,824.35…
-
Broadridge Taps Two Senior Hires to Lead European Issuer Services Expansion
•
Broadridge Financial Solutions (NYSE: BR) announced the appointment of Simona Vitale, former COO of European Operations at Morrow Sodali, to lead sales operations for its new international issuance services. In addition to Vitale, Mariana Gonzalez also joins the team as Sales Director for International Release Services. The new appointments aim…
-
Exclusive-Tesla doing damage-control, discounts for European fleet buyers By Reuters
•
Written by Nick Carey and Mary Manns LONDON (Reuters) – Tesla Inc (NASDAQ:) is appeasing some European leasing companies after the automaker’s repeated cuts in retail prices reduced the value of its fleets and slow service and expensive repairs alienated its corporate customers. The efforts include informal discounts on new…
-
Exclusive-Tesla doing damage-control, discounts for European fleet buyers By Reuters
•
Written by Nick Carey and Mary Manns LONDON (Reuters) – Tesla Inc (NASDAQ:) is appeasing some European leasing companies after the automaker’s repeated cuts in retail prices reduced the value of its fleets and slow service and expensive repairs alienated its corporate customers. The efforts include informal discounts on new…
-
European equities witness biggest weekly inflow in more than a year By Investing.com
•
Stocks and bonds made up the bulk of flows last week, with European equity funds seeing their largest inflow since February 2023, Bank of America said in a note on Friday. Stock funds attracted $11.9 billion, bonds $11.7 billion, while $3.7 billion exited money market funds, based on EPFR Global…
-
European equities witness biggest weekly inflow in more than a year By Investing.com
•
Stocks and bonds made up the bulk of flows last week, with European equity funds seeing their largest inflow since February 2023, Bank of America said in a note on Friday. Stock funds attracted $11.9 billion, bonds $11.7 billion, while $3.7 billion exited money market funds, based on EPFR Global…
-
Allurion Announces Three Scientific Presentations at the European Congress on Obesity, Including Study on Lean Mass Preservation for Sustainable, Healthy Weight Loss
•
New data shows significant loss of fat mass while maintaining lean mass NATICK, Mass.–(BUSINESS WIRE)–Allurion Technologies, Inc. today announced… (NYSE: ALUR), a company dedicated to eliminating obesity, announced three scientific presentations at the 31st European Congress on Obesity (ECO) in Venice, Italy. , on May 12-15, 2024. The presentations include…
-
European stocks mostly lower; ranges limited ahead of US inflation release By Investing.com
•
Investing.com – European stock markets fell largely on Tuesday, as investors digested more corporate earnings ahead of the latest US inflation reports. At 03:15 EST (07:15 GMT), Germany’s stock index fell 0.1% and France’s index fell 0.1%, while the UK index rose 0.1%. Inflation in the United States to reduce…
-
European markets in green, extending global rally (EUR:USD)
•
Da-kook/E+ via Getty Images London (UKX) is closed for the bank holiday Germany (DAX:IND) +0.29% Germany’s services PMI improved to 53.2 in April France (CAC:IND) +0.16% France’s services PMI rose to 51.3 in April The services PMI and composite PMI rose to an 11-month high in the euro zone. Spain’s…
-
Second Largest European Bank is Buying Bitcoin ETF: 13F SEC Fillings
•
BNP Paribas, the second-largest European bank, recently bought exposure to Bitcoin through an exchange-traded fund. 13F filings with the Securities and Exchange Commission . BNP Paribas bought BlackRock’s iShares Bitcoin Trust ETF (IBIT), filings show. JUST IN: ?? The second largest European bank, BNP Paribas, announces exposure to… #Bitcoin ETF…
-
Trainline Doubles Profit Amid Accelerating European Sales Despite Nationalisation Threat
•
Trainline has reported a significant increase in its operating profits, with growth exceeding 100 per cent last year, driven by strong ticket sales, according to its latest annual results. The company revealed it had doubled its operating profits from £28m in 2023 to £56m in the 12 months leading up…