Tag Archives: Euro

European shares recorded their highest level in two weeks at the open on Thursday, after the rise of the Wall Street Stock Exchange in the evening affected by an unexpected increase in the profits of the Swedish retail giant H & M and the dispelling of concerns about pressures in …

The Japanese Nikkei index closed lower on Thursday after gains for three consecutive sessions, with a group of stocks trading without the right to distribute profits, while losses were limited as technology shares followed the path of the rally on Wall Street overnight. The Nikkei index fell 0.36 percent to …

European stocks rose on Wednesday, tracking improved sentiment in Asian markets following plans to break up Chinese tech giant Alibaba Group, while Swiss bank UBS rose after it reappointed Sergio Ermotti as CEO. The Stoxx 600 index of European shares rose 0.6 percent by 0705 GMT, in line with gains …

The Japanese Nikkei index closed at its highest level in nearly three weeks on Wednesday, as investors increased appetite for shares that are scheduled to be traded this week without the right to distribute profits, and the shares of the highly influential Soft Bank Group jumped in the market, supported …

European stocks rose on Tuesday as investors’ hopes of containing the banking crisis revived after a deal to take over the deposits and loans of the collapsed US bank Silicon Valley. The European Stoxx 600 index rose 0.7 percent by 0708 GMT, continuing the rise for the second day in …

Japanese stocks ended Tuesday’s trading higher, supported by the rise of bank stocks, following the easing of concerns about the global financial system after a deal in which First Citizens Bankers would acquire the assets of the collapsed US Silicon Valley Bank. The Nikkei index rose 0.15 percent to close …

European stocks jumped on Monday as some calm returned to the markets after a week of turmoil over concerns about the stability of the banking sector following the collapse of Credit Suisse and two mid-sized US banks. The pan-European STOXX 600 rose 0.9 percent after news of a deal in …

Mixed trades tended to be negative, dominating the movements of the euro-dollar pair within the attempts to recover the euro against the US dollar, recording its highest level at 1.0840, heading towards a decline quickly to activate the bearish scenario, explaining that the decline below 1.0785 is capable of postponing …

Banking stocks fell again on Friday after a turbulent week as investors worried that the worst problems in the sector since the 2008 financial crisis had yet to be contained. The index of major European banks fell 2.2 percent in early trading, with Swiss bank UBS down 6.4 percent. Deutsche …

According to S&P Global Research’s most recent manufacturing activity survey, which was released on Friday, the manufacturing sector declined in the Eurozone widened in March. The Eurozone Manufacturing Purchasing Managers Index (PMI) was 47.1 in March compared to the anticipated 49.0 and the previous reading of 48.5. A four-month low …