Category: Europe

Bloomberg Wall Street Uses Old Tricks in $ 2.4 Trillion Crypto Jungle (Bloomberg) — Wall Street traders like Trey Griggs are finding a new lease on life in the $ 2.4 trillion crypto Wild West.After two decades in energy trading, the 51-year-old was lured by a former Goldman Sachs Group Inc. colleague this February into […]

By Peter Nurse Investing.com – European stock markets traded sharply lower Tuesday, following the previous session’s tech-led selloff on Wall Street as investors increasingly turned their attention onto inflation data. At 4:10 AM ET (0910 GMT), the DAX in Germany traded 1.9% lower, the CAC 40 in France fell 1.8%, and the U.K.’s FTSE 100 […]

* Stock markets tumble as tech stocks sell off * Inflation angst lingers across assets * Commodities take breather after rapid rise * Global asset performance http://tmsnrt.rs/2yaDPgn * World FX rates http://tmsnrt.rs/2egbfVh (Adds European open) By Marc Jones LONDON, May 11 (Reuters) – Global stock markets were set for a second day of sharp losses […]

The FTSE 100 fell 1.5 per cent after opening on Tuesday, as the pound climbed to its highest level since February after Scottish election results over the weekend and outweighed the gains in mining stocks. The blue chip FTSE 100 dropped 107 points to 7,016.76 after reaching the highest levels for over a year on […]

Tuesday, 11th May 2021 German ZEW Current Conditions (May) German ZEW Economic Sentiment (May) Eurozone ZEW Economic Sentiment (May) Wednesday, 12th May 2021 German CPI (MoM) (Apr) Final French CPI (MoM) (Apr) Final French HICP (MoM) (Apr) Final Eurozone Industrial Production (MoM) (Mar) Friday, 14th May 2021 Spanish CPI (YoY) (Apr) Final Spanish HICP (YoY) […]

Bloomberg Wall Street Uses Old Tricks in $ 2.4 Trillion Crypto Jungle (Bloomberg) — Wall Street traders like Trey Griggs are finding a new lease on life in the $ 2.4 trillion crypto Wild West.After two decades in energy trading, the 51-year-old was lured by a former Goldman Sachs Group Inc. colleague this February into […]

Bloomberg China Tech Giants Bet $ 19 Billion on Global Electric Car Frenzy (Bloomberg) — China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $ 19 billion into electric and self-driving vehicle ventures widely […]

Bloomberg China Tech Giants Bet $ 19 Billion on Global Electric Car Frenzy (Bloomberg) — China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $ 19 billion into electric and self-driving vehicle ventures widely […]

Bloomberg China Tech Giants Bet $ 19 Billion on Global Electric Car Frenzy (Bloomberg) — China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $ 19 billion into electric and self-driving vehicle ventures widely […]

Bloomberg U.S. Cases Hit 8-Month Low; U.K. Eases Alert Level: Virus Update (Bloomberg) — The number of new cases in U.S. rose last week at the slowest pace since the pandemic began, as more Americans are vaccinated and the nation recovers from a winter spike fueled by holiday travel. The total number of new infections […]

Bloomberg ByteDance Eyes a New $ 185 Billion Business Ahead of Mega IPO (Bloomberg) — Zhang Yiming built ByteDance Ltd. into the world’s most valuable private company via a string of blockbuster apps like TikTok that challenged Facebook and other incumbents on their own turf. His latest target: Alibaba.The 38-year-old AI coding genius, searching for […]

Bloomberg China Tech Giants Bet $ 19 Billion on Global Electric Car Frenzy (Bloomberg) — China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $ 19 billion into electric and self-driving vehicle ventures widely […]

Bloomberg China Tech Giants Bet $ 19 Billion on Global Electric Car Frenzy (Bloomberg) — China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $ 19 billion into electric and self-driving vehicle ventures widely […]

Bloomberg China Tech Giants Bet $ 19 Billion on Global Electric Car Frenzy (Bloomberg) — China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $ 19 billion into electric and self-driving vehicle ventures widely […]

London’s FTSE 100 surged to a 15-month high to over 7,100 as the UK government decided to ease Covid-19 restrictions further on from May 17, including indoor meetings and quarantine-free travel to 12 countries. On Friday, the index of London’s leading share closed at 7,129, rising 53 points. The domestically focused FTSE 250 closed 283 […]

Bloomberg ByteDance Eyes a New $ 185 Billion Business Ahead of Mega IPO (Bloomberg) — Zhang Yiming built ByteDance Ltd. into the world’s most valuable private company via a string of blockbuster apps like TikTok that challenged Facebook and other incumbents on their own turf. His latest target: Alibaba.The 38-year-old AI coding genius, searching for […]

Investors will watch to see any significant rebounds, with strong numbers expected in the UK following the latest stage of lockdown easing. Photo: Getty Some key GDP and inflation readings are due to dominate headlines in developed markets this week, as the issue of the day continues to be how reopening from coronavirus lockdowns is […]

On the Macro It’s a quieter week ahead on the economic calendar, with 50 stats in focus in the week ending 14th May. In the week prior, 57 stats had been in focus. For the Dollar: In the 1st half of the week, JOLT’s job openings and inflation figures are due out. Expect inflation figures […]

In this article, we will take a look at the 10 best UK stocks to buy now. You can skip our comprehensive analysis of these British companies and go directly to the 5 Best UK Stocks to Buy Now. The COVID-19 pandemic hit the United Kingdom as hard as the rest of the world, resulting […]

The Majors It was a bullish week for the European majors in the week ending 7th May, with the EuroStoxx600 closing out at a record high on Friday. The CAC40 rose by 1.85%, with the DAX30 and the EuroStoxx600 ended the week up by 1.74% and by 1.69% respectively. Corporate earnings and a pickup in […]