Category: Europe

(Corrects U.S. 10-year Treasury yield to 1.6004%) * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Ritvik Carvalho LONDON, March 16 (Reuters) – World stocks rose on Tuesday, as investors anticipated the U.S. Federal Reserve and other central banks meeting this week will keep policies accommodative to help drive a post-pandemic […]

Bloomberg China Tycoon Who Lost $ 32 Billion Tries to Salvage an Empire (Bloomberg) — Wang Jianlin used to be Asia’s richest person, busy expanding his Dalian Wanda Group Co. by acquiring trophy assets overseas, all aided by easy credit.Now the 66-year-old doesn’t even figure among China’s top 30 richest people, having lost about $ […]

* Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Ritvik Carvalho LONDON, March 16 (Reuters) – Global stocks hit their highest levels in over three weeks on Tuesday, as investors bet the U.S. Federal Reserve and other central banks meeting this week will keep policies accommodative to help drive a post-pandemic […]

By Ritvik Carvalho LONDON (Reuters) – World stocks rose on Tuesday, as investors anticipated the U.S. Federal Reserve and other central banks meeting this week will keep policies accommodative to help drive a post-pandemic global economic recovery. European shares extended a rally that began on Wall Street on Monday and continued into Asia, with the […]

Tuesday, 15th March French HICP (MoM) (Feb) Final Italian CPI (MoM) (Feb) Final German ZEW Current Conditions (Mar) German ZEW Economic Sentiment (Mar) Eurozone ZEW Economic Sentiment (Mar) Wednesday, 16th March Eurozone Core CPI (YoY) (Feb) Final Eurozone CPI (MoM) (Feb) Final Eurozone CPI (YoY) (Feb) Final Thursday, 17th March Eurozone Wages in euro zone […]

Belgium Police Raids (Copyright 2020 The Associated Press. All rights reserved) The FTSE 100 edged higher on Monday along with other major indices around the world as optimism grew that economic growth will speed up. Europe’s Stoxx 600 index rose a quarter of a per cent while the FTSE 100 eked out a 0.1 per […]

Bloomberg Emerging Markets Brace for Rate Hikes With Debt at Records (Bloomberg) — Alarm bells are starting to ring across emerging markets as countries brace for a new era of rising interest rates.After an unprecedented period of rate cuts to prop up economies shattered by Covid-19, Brazil is expected to raise rates this week and […]

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * STOXX trading just 2% below all-time high * Danone eyes best day in more than 4 months * Flutter lifts travel and leisure stocks (Adds comments, updates prices) By Sruthi Shankar and Devik […]

Tuesday, 15th March French HICP (MoM) (Feb) Final Italian CPI (MoM) (Feb) Final German ZEW Current Conditions (Mar) German ZEW Economic Sentiment (Mar) Eurozone ZEW Economic Sentiment (Mar) Wednesday, 16th March Eurozone Core CPI (YoY) (Feb) Final Eurozone CPI (MoM) (Feb) Final Eurozone CPI (YoY) (Feb) Final Thursday, 17th March Eurozone Wages in euro zone […]

The Majors It was another bullish week for the European majors in the week ending 12th March. The CAC40 and the DAX30 rallied by 4.56% and by 4.18% respectively, with the EuroStoxx600 gaining 3.56%. Impressive trade data from China set the tone going into the week. Positive data from the U.S, the ECB, and the […]

The Stats It was a quieter week on the economic calendar, in the week ending 12th March. A total of 45 stats were monitored, following 70 stats from the week prior. Of the 45 stats, 24 came in ahead forecasts, with 17 economic indicators coming up short of forecasts. There were 4 stats that were […]

Friday, 12th March German CPI (MoM) (Feb) Spanish CPI (YoY) (Feb) Spanish HICP (YoY) (Feb) Eurozone Industrial Production (MoM) (Jan) The Majors It was a bullish day for the European majors on Thursday, which locked in a 4th consecutive day in the green. The CAC40 rose by 0.72%, with the DAX30 and the EuroStoxx600 ending […]

By Peter Nurse Investing.com – European stock markets edged largely higher Thursday, boosted by the final approval of the massive U.S. Covid-19 stimulus package ahead of the European Central Bank’s policy meeting. At 3:45 AM ET (0845 GMT), the DAX in Germany traded flat, the CAC 40 in France rose 0.1% and the U.K.’s FTSE […]

Bloomberg Credit Suisse Freezes $ 1 Billion of Funds as Scandal Widens (Bloomberg) — Credit Suisse Group AG froze four more funds that invested in the bank’s $ 10 billion supply chain finance strategy, adding to the widening scandal surrounding the bank’s exposure to Lex Greensill’s failed empire.The additional funds have about $ 1.2 billion […]

* Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Ritvik Carvalho LONDON, March 11 (Reuters) – World stocks rose to their highest in just over a week on Thursday after a report on U.S. consumer prices calmed investor nerves about inflation and lifted the Dow Jones Industrial Average to a record […]

* Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Ritvik Carvalho LONDON, March 11 (Reuters) – World stocks rose to their highest in just over a week on Thursday after a report on U.S. consumer prices calmed investor nerves about inflation and lifted the Dow Jones Industrial Average to a record […]

Bloomberg EU Approves J&J Vaccine; Countries Halt Astra Shot: Virus Update (Bloomberg) — Johnson & Johnson’s coronavirus vaccine won clearance from the European Union’s drugs regulator. Meanwhile, EU governments are bracing for further possible delays in the distribution of AstraZeneca Plc’s Covid vaccine after a warning from the European Commission that the manufacturer remains a […]

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than […]

Thursday, 11th March ECB Interest Rate Decision (Mar) ECB Press Conference Friday, 12th March German CPI (MoM) (Feb) Spanish CPI (YoY) (Feb) Spanish HICP (YoY) (Feb) Eurozone Industrial Production (MoM) (Jan) The Majors It was a relatively bullish day for the European majors on Wednesday. The CAC40 rose by 1.11%, with the DAX30 and the […]

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than […]