Category: Europe

Wednesday, 5th May 2021 Spanish Services PMI (Apr) Italian Services PMI (Apr) French Services PMI (Apr) Final German Services PMI (Apr) Final Eurozone Markit Composite PMI (Apr) Final Eurozone Services PMI (Apr) Final Thursday, 6th May 2021 German Factory Orders (MoM) (Mar) IHS Markit Construction PMI (Apr) Eurozone Retail Sales (MoM) (Mar) Friday, 7th May […]

British American Tobacco – Jason Alden/Newscast/PA One of legendary hedge fund manager Paul Tudor Jones’s 10 golden rules of investment is “run your winners and cut your losers”, so it is with some trepidation that this column returns to British American Tobacco. The FTSE 100 stalwart has been a poor pick since our first look […]

Bloomberg Warren Buffett Sees a ‘Red Hot’ Economy With Creeping Inflation (Bloomberg) — Warren Buffett delivered a clear verdict Saturday on the state of the U.S. economy as it emerges from the pandemic: red hot.“It’s almost a buying frenzy,” the Berkshire Hathaway Inc. chief executive officer said during the conglomerate’s annual meeting, which was held […]

Bloomberg Warren Buffett Sees a ‘Red Hot’ Economy With Creeping Inflation (Bloomberg) — Warren Buffett delivered a clear verdict Saturday on the state of the U.S. economy as it emerges from the pandemic: red hot.“It’s almost a buying frenzy,” the Berkshire Hathaway Inc. chief executive officer said during the conglomerate’s annual meeting, which was held […]

Bloomberg Greed, Bankers and Politics Star in Danish Negative-Rate Debacle (Bloomberg) — The country with the longest history of negative interest rates just hit a milestone that may offer a glimpse of what’s to come elsewhere.In Denmark, commercial banks have had to absorb negative rates since they were first introduced by the central bank in […]

Bloomberg Warren Buffett Sees a ‘Red Hot’ Economy With Creeping Inflation (Bloomberg) — Warren Buffett delivered a clear verdict Saturday on the state of the U.S. economy as it emerges from the pandemic: red hot.“It’s almost a buying frenzy,” the Berkshire Hathaway Inc. chief executive officer said during the conglomerate’s annual meeting, which was held […]

* Shares in Europe add to recent gains, Wall St set to open higher * UK, Chinese, Japanese markets closed for holidays * Busy week for economic data with U.S. payrolls on Friday * German yields hit highest since March 2020 * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Tommy […]

Monday, 3rd May 2021 German Retail Sales (MoM) (Mar) Spanish Manufacturing PMI (Apr) Italian Manufacturing PMI (Apr) French Manufacturing PMI (Apr) Final German Manufacturing PMI (Apr) Final Eurozone Manufacturing PMI (Apr) Final Wednesday, 5th May 2021 Spanish Services PMI (Apr) Italian Services PMI (Apr) French Services PMI (Apr) Final German Services PMI (Apr) Final Eurozone […]

* Shares in Europe add to recent gains, Wall St set to open higher * UK, Chinese, Japanese markets closed for holidays * Busy week for economic data with U.S. payrolls on Friday * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Tommy Wilkes LONDON, May 3 (Reuters) – European shares […]

The Majors It was yet another bullish month for the European majors in April, which logged a 3rd consecutive monthly gain. The CAC40 rose by 3.33% to lead the way, with the DAX30 and EuroStoxx600 gaining 0.85% and 1.85% respectively. After a bearish start to the year, with January having delivered heavy losses, the CAC40 […]

The Majors It was a mixed week for the European majors in the week ending 30th April. The CAC40 rose by 0.18%, while the DAX30 and the EuroStoxx600 ended the week down by 0.94% and by 0.34% respectively. After a positive start to the week, a string of disappointing economic data from the Eurozone weighed […]

The Stats It was a busier week on the economic calendar, in the week ending 30th April. A total of 61 stats were monitored, following 46 stats from the week prior. Of the 61 stats, 30 came in ahead forecasts, with 23 economic indicators coming up short of forecasts. There were 8 stats that were […]

Bloomberg Trump Scores $ 617 Million of Cash With Vornado From Tower Bonds (Bloomberg) — Investors snapped up $ 1.2 billion of bonds linked to a San Francisco office tower that makes up much of Donald Trump’s fortune.The AAA slice of the commercial mortgage-backed security sold Friday with a discount margin, or risk premium, of […]

By Peter Nurse Investing.com – European stock markets are seen opening slightly lower Friday, ending the week on a cautious note following disappointing Chinese growth data and ahead of key European numbers and the continuing first-quarter earnings season. At 3:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 […]

By Peter Nurse Investing.com – European stock markets edged higher Friday, helped by further evidence that the region is recovering from the pandemic-influenced slump, while the first-quarter earnings season also continues. At 3:50 AM ET (0850 GMT), the DAX in Germany traded 0.6% higher, the CAC 40 in France rose 0.2%, and the U.K.’s FTSE […]

New figures from Eurostat revealed that output in the 19-nation euro area shrank by 0.6% during the first quarter of the year. This is its second consecutive quarter of negative growth after a 0.7% contraction in the fourth quarter of 2020. Photo: Chesnot/Getty Images European markets tumbled in and out of the green on Friday […]

Bloomberg Warren Buffett Poised to Weigh In on How Berkshire Fares Post-Pandemic (Bloomberg) — A year after Warren Buffett revealed he was unloading airline stocks as the pandemic took hold, Berkshire Hathaway Inc. shareholders are eager for his sense of what’s next for the conglomerate with more Americans emerging from lockdown.On Saturday, Berkshire’s chief executive […]

Bloomberg Warren Buffett Poised to Weigh In on How Berkshire Fares Post-Pandemic (Bloomberg) — A year after Warren Buffett revealed he was unloading airline stocks as the pandemic took hold, Berkshire Hathaway Inc. shareholders are eager for his sense of what’s next for the conglomerate with more Americans emerging from lockdown.On Saturday, Berkshire’s chief executive […]

* European stocks steady, U.S. futures down 0.3% * France Q1 GDP above expectations, Germany below * China, Japan stocks dip ahead of long holiday * Global asset performance http://tmsnrt.rs/2yaDPgn By Carolyn Cohn and Hideyuki Sano LONDON, April 30 (Reuters) – World stocks held near a record high and the euro was on course for […]

* U.S. futures down 0.4%, European stocks flat * Euro zone Q1 GDP falls less than expected * China, Japan stocks dip ahead of long holiday * Global asset performance https://tmsnrt.rs/33TWwY1 By Carolyn Cohn LONDON, April 30 (Reuters) – Wall Street futures suggested a softer open on Friday following Thursday’s record peak on strong U.S. […]