Category: Europe

Bloomberg EU Pushes Back on China With Powers to Thwart State-Backed Firms (Bloomberg) — The European Union is looking to strengthen its hand against the growing economic threat posed by China, with new powers targeted at foreign state-owned companies.The European Commission, the bloc’s executive arm, proposed new rules to levy fines and block deals, according […]

By Peter Nurse Investing.com – European stock markets edged higher Wednesday, helped by positive corporate earnings, particularly in the banking sector, ahead of the conclusion of the latest Federal Reserve meeting. At 3:40 AM ET (0840 GMT), the DAX in Germany traded 0.5% higher, the CAC 40 in France rose 0.4% and the U.K.’s FTSE […]

Globe Newswire Net Asset Value(s) WisdomTree Issuer plc – Daily Fund Prices 27-April-21 WisdomTree Artificial Intelligence UCITS ETF – USD Acc27/04/2021IE00BDVPNG137693541USD484,264,825.4762.9443WisdomTree AT1 CoCo Bond UCITS ETF – USD27/04/2021IE00BZ0XVF52498529USD52,787,077.23105.8857WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged27/04/2021IE00BFNNN236334036EUR35,102,961.39105.0874WisdomTree AT1 CoCo Bond UCITS ETF – GBP Hedged27/04/2021IE00BFNNN45934640GBP3,692,964.44106.6098WisdomTree AT1 CoCo Bond UCITS ETF – USD Acc27/04/2021IE00BZ0XVG6954967USD6,749,653.43122.7946WisdomTree AT1 CoCo Bond […]

Bloomberg Saudi Arabia in Talks to Sell Aramco Stake to Global Energy Firm (Bloomberg) — Saudi Arabia’s crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company” as he forecast a rebounding economy in the aftermath of the coronavirus pandemic.The […]

London’s FTSE 100 closed in red on Tuesday as the strong pound brought export-heavy companies down, though the stock of HSBC outperformed others following its quarterly profit surge. The blue chip FTSE 100 closed 18 points or 0.26 per cent down at 6,944, while the domestically focused FTSE 250 closed 144 points down, or 0.64 […]

Bloomberg Musk Says Tesla Sold Bitcoin to Prove Liquidity as Cash Alternative (Bloomberg) — Elon Musk said Tesla Inc. sold 10% of its Bitcoin holdings to demonstrate the token’s liquidity, while adding that he’s retained his personal investment in the cryptocurrency.Tesla’s earnings report showed the firm — which bought more than $ 1 billion of the […]

City of London 07:27 AM Whitbread slides after sinking to £1bn loss Shares in Whitbread have fallen 2pc in early trading after the Premier Inn owner sank to a mammoth £1bn loss. The company said the loss was due to the vast majority of its estate being forced to shut for much of the first […]

Stock markets in London edged higher on Monday carried by airlines, after the head of the European Commission signalled that the European Union may open its borders to non-essential travel from the US by summer. The index of premiere shares ended the session up 24 points or 0.35 per cent, at 6,963, moving closer to […]

Wednesday, 28th April 2021 GfK German Consumer Climate (May) Thursday, 29th April 2021 Spanish HICP (YoY) (Apr) Prelim German Unemployment Change and Rate (Apr) German CPI (MoM) (Apr) Prelim Friday, 30th April 2021 French GDP (QoQ) (Q1) German GDP (QoQ) (Q1) German GDP (YoY) (Q1) Spanish GDP (QoQ) (Q1) Italian CPI (MoM) (Apr) Prelim Eurozone […]

Monday, 26th April 2021 German Ifo Business Climate Index (Apr) Wednesday, 28th April 2021 GfK German Consumer Climate (May) Thursday, 29th April 2021 Spanish HICP (YoY) (Apr) Prelim German Unemployment Change and Rate (Apr) German CPI (MoM) (Apr) Prelim Friday, 30th April 2021 French GDP (QoQ) (Q1) German GDP (QoQ) (Q1) German GDP (YoY) (Q1) […]

Bloomberg China’s Swine Fever Lockdown Reshapes $ 300 Billion Pig Industry (Bloomberg) — China’s plan to control the transport of live hogs to rein in the spread of African swine fever is set to reshape the market and create regional price differences in the world’s biggest consumer and producer of pork.The country will be split […]

Bloomberg China’s Swine Fever Lockdown Reshapes $ 300 Billion Pig Industry (Bloomberg) — China’s plan to control the transport of live hogs to rein in the spread of African swine fever is set to reshape the market and create regional price differences in the world’s biggest consumer and producer of pork.The country will be split […]

* European shares weaken, Wall St set for lower open * Focus turns to Fed meeting, U.S. GDP numbers * Dollar drops to weakest since March 3 * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Tommy Wilkes LONDON, April 26 (Reuters) – Stocks gave up early gains on Monday as […]

Bloomberg China Widens Internet Crackdown With Meituan Monopoly Probe (Bloomberg) — China’s government has expanded its antitrust crackdown beyond Jack Ma’s technology empire, launching an investigation into suspected monopolistic practices by food-delivery behemoth Meituan.The State Administration for Market Regulation announced the investigation, which began recently, in a statement Monday. The antitrust watchdog is looking into […]

Bloomberg Sell Signals All but Useless in Unchartable 2021 Stock Market (Bloomberg) — If you bailed because of Bollinger Bands, ran away from relative strength or took direction from the directional market indicator in 2021, you paid for it.It’s testament to the straight-up trajectory of stocks that virtually all signals that told investors to do […]

Abrdn Standard Life Aberdeen has come up with a solution to address its recent woes: drop most of the vowels in its name. The asset manager announced plans to rebrand as Abrdn as it seeks to “modernise” its brand following a difficult few years for the business. The FTSE 100 company insisted that the name […]

* European shares follow Asia higher * Focus turns to Fed meeting, U.S. GDP numbers * Dollar drops to weakest since March 3 * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Tommy Wilkes LONDON, April 26 (Reuters) – European stocks clawed their way higher on Monday as world markets began […]

* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Shares rise for a third straight day to near 6-week highs * Risk appetite bolstered by solid PMI data * Eyes on U.S. GDP data, Fed meeting this week By Swati Pandey SYDNEY, April 26 (Reuters) – Asian stocks climbed to six-week highs on Monday amid signs the […]

London’s FTSe 100 ended flat on Friday, up less than half a point to under 6,939. The FTSE 250 was also nominally up by 7 points at closing. The blue chip index rose 0.32 points or 0.0046 per cent at 6,938.56, and domestically focused FTSE 250 at 22,372. Meanwhile, the US stocks rose on Friday […]

The Majors It was a bearish week for the European majors in the week ending 23rd April, with a Tuesday sell-off doing the damage. The DAX30 slid by 1.17%, with the CAC40 and the EuroStoxx600 seeing losses of 0.46% and 0.78% respectively. A continued spike in new COVID-19 cases across the world weighed on the […]