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Tag Archives: currencies

European stocks stabilized

European stocks stabilized on Friday, with the support provided by energy and mining companies offsetting the impact of pressures from the weak performance of German copper producer Aurobis after a profit warning, and Volkswagen after a downgrade in the stock’s recommendation. By 0711 GMT, the European STOXX 600 index settled …

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European stocks rise at the opening

European stocks rose at the open on Thursday, and the financial sector received support from the shares of the Swiss bank UBS after the bank’s decision to acquire its local competitor, Credit Suisse, while investors awaited a set of important economic data to be issued later on Thursday. By 0710 …

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