Tag Archives: Euro

Manufacturing activity displayed stark regional contrasts in November, with European output plunging further into contraction while China saw its manufacturing sector extend its recovery, driven by government stimulus and export demand. Europe’s Manufacturing Struggles Deepen The HCOB euro zone Manufacturing PMI dropped to 45.2, signaling persistent contraction in the sector. …

The euro ended Thursday’s trading on a downward trend, affected by pressure from the rising US dollar and anticipation of eurozone inflation data, which is expected to shed more light on the European Central Bank’s future monetary policy path.The EUR/USD pair fell to 1.0551 compared to the previous day’s close …

European shares staged a comeback on Thursday, buoyed by a strong performance in the tech sector, even as broader concerns about U.S. trade policy and France’s political instability lingered. Key Highlights Tech Sector Outperforms: The STOXX 600 index rose by 0.6% in early trading, led by the technology sector, which …

French equities fell to a three-month low on Wednesday, driven by domestic political uncertainty and lingering fears over U.S. trade tariffs under President-elect Donald Trump. Broader European markets also faced pressure as investors navigated an unsettled landscape. Key Indices and Market Movement France’s CAC 40 index dropped over 1%, trailing …

European automaker shares faced a sharp decline on Tuesday as markets reacted to President-elect Donald Trump’s announcement of aggressive tariffs on imports from Canada, Mexico, and China. The prospect of a renewed global trade war reignited investor concerns, weighing heavily on the auto sector. Auto Sector Declines The European autos …

European stock markets started the week mostly in positive territory on Monday, buoyed by optimism around U.S. Treasury Secretary nominee Scott Bessent and major corporate news, but tempered by weaker-than-expected German business confidence data. Market Performance By 06:40 ET (11:40 GMT): Germany’s DAX rose 0.4%. France’s CAC 40 was largely …

The EUR/USD pair attempted a recovery after several sessions of decline, hitting a low of 1.0330 before opening today’s trading with an upward gap. Technical Outlook: Indicators: The 4-hour chart reveals negative crossover signals from the Stochastic indicator, now in the overbought zone, coupled with continued downward pressure from the …

European stock markets opened higher on Friday as investors kept a close eye on escalating conflict between Russia and Ukraine and assessed Germany’s downwardly revised economic growth figures for Q3. Market Overview Germany’s DAX: Up 0.6% France’s CAC 40: Up 0.5% UK’s FTSE 100: Up 0.7% Geopolitical Escalation: Russia-Ukraine Conflict …

European markets regained footing on Wednesday, breaking a three-day losing streak, as technology stocks surged and safe-haven demand eased amidst renewed focus on geopolitical and economic developments. The pan-European STOXX 600 rose 0.5% as of 09:20 GMT, recovering from a three-month low touched on Tuesday. Major indices in Germany, France, …

Europe’s main stock index dropped to a three-month low on Tuesday as investor sentiment soured amidst escalating geopolitical risks and inflationary concerns linked to U.S. policies under President-elect Donald Trump. The pan-European STOXX 600 index fell 0.9%, on track for its third consecutive day of losses. Safe-haven assets, such as …