European stocks fell on Friday morning as investors defended a major policy change by the US Federal Reserve and news that Japanese Prime Minister Shinzo Abe is resigning due to health concerns. The pan-European Stoxx 600 dropped 0.17% mid-morning, with most sectors trading in the red. However, bank shares rose …
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 »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 »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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