European stocks are expected to open lower on Thursday as investors around the world react to a recent meeting of the US Federal Reserve. According to IG, London’s FTSE opened 36 points lower at 6,043, Germany’s DX fell 112 points to 13,121, France’s CAC opened 40 points lower at 5,022 …
Read More »European markets review data on data on U.S. unemployed
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 »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 …
Read More »European markets react to EU summit, recovery fund, coronavirus
European stocks fell on Monday after European Union leaders meeting over the weekend failed to agree on a multi-million dollar recovery fund for the region to help it recover from the coronavirus crisis. The pan-European Stoxx 600 fell 0.6% lower in initial trade, with travel and leisure stocks falling 2.3% …
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