Tag Archives: currencies

European stocks fell on Monday, pressured by a decline in real estate stocks, at a time when sentiment was affected after senior officials in the European Central Bank reduced the possibility of cutting interest rates soon. The European STOXX 600 index fell 0.3 percent by 0811 GMT, after recording its …

On December 15, today’s economic data paints a concerning picture of ongoing contraction in industrial activity across Europe. S&P Global’s industrial purchasing managers’ data reveals a persistent downturn, holding steady at 44.2 in the eurozone for December, matching November’s level, contrary to the expected 44.5. In addition, the services purchasing …

Energy and mining stocks led European stocks to rise on the last day of a week filled with major central bank decisions on monetary policy, as the US Federal Reserve set the tone for market expectations regarding the prospects for lowering interest rates. By 0805 GMT, the European STOXX 600 …

European stocks jumped on Thursday, supported by gains in real estate sector stocks and a decline in euro zone bond yields, as investors were optimistic about the US Federal Reserve’s hint to reduce borrowing costs in 2024 and awaited the European Central Bank’s decision. The European Stoxx 600 index rose …

It indeed seems to be a busy week for central banks, with several major ones scheduled to report on their monetary policy decisions. The Federal Reserve (Fed) is set to lead the way with its two-day meeting starting on Wednesday, followed by the European Central Bank (ECB), Bank of England …

On Wednesday, European stocks navigated within a narrow range as investors exercised caution in making riskier bets ahead of the Federal Reserve’s decision on interest rates and the future trajectory of monetary policy. The European STOXX 600 index recorded a slight increase of 0.1 percent by 0810 GMT. This modest …

European stocks rose on Tuesday as investors took comfort from weaker-than-expected UK wage growth data and amid anticipation for a key US inflation report to be published later on Tuesday. The European STOXX 600 index increased 0.1 percent by 0814 GMT and is on track to record gains for the …

European stocks were largely stable at the beginning of a week full of economic events as investors awaited the release of US inflation data and the decisions of major global central banks regarding interest rates, while the decline in metal prices led to a decline in mining company shares. The …

European stocks fell on Thursday, with travel and entertainment stocks leading the losses, as investors became increasingly concerned about an economic slowdown after recent weak data. The European STOXX 600 index fell 0.3 percent by 0810 GMT, after touching the peak of more than four months yesterday, Wednesday. Data showed …

European stocks rose on Wednesday as bets increased that global interest rate hikes had peaked, with the mining sector, a beneficiary of higher metal prices, leading gains while Germany’s DAX index hit a new record high. The European STOXX 600 index rose 0.1 percent by 0809 GMT, while the German …