European equities traded lower on Thursday morning as investors waited for the latest data on US unemployment data and followed the lack of progress in negotiations over a US pandemic relief package. The Europa Stoxx 600 Index was down 0.4% in the early morning trading session, with base sources hitting …
Read More »euro area earnings and GDP in focus
European stocks traded higher on Friday morning as investors monitored corporate earnings and economic data in the last trading session of the month. The pan-European Stoxx 600 Index rose 0.35% with tech and bank stocks leading the way. BNP Paribas reported a decrease in net income of around 7% for …
Read More »coronavirus vaccine may require annual injections
A future coronavirus vaccine may need to be administered every 12 months, pharmaceutical giant AstraZeneca warned Thursday. The British firm is just one company working on a possible coronavirus vaccine. On Thursday, he said that late-stage trials are taking place in the United Kingdom, Brazil and South Africa and will …
Read More »European markets open rapidly as tensions rise between the United States and China
European stocks rose on Thursday as investors reacted to mounting tensions between the United States and China and a large amount of corporate earnings. The pan-European Stoxx 600 rose 0.5% in initial trade, with cars jumping 2.7% to lead profits, while profits lost 0.4%. Tensions between China and the United …
Read More »European markets react when EU leaders reach a recovery funds agreement
The pan-European Stoxx 600 rose 1.1% in early trading, with banks adding 3.4% to lead gains as all sectors and major exchanges traded in positive territory. EU heads of state had been in talks since Friday morning to discuss the proposed recovery fund and the upcoming EU budget, but there …
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