Tag Archives: Euro

European stocks opened lower on Wednesday, with British bank Barclays falling after it reported disappointing earnings and French luxury group Kering falling after revenue from its Gucci brand slumped. The Stoxx Europe 600 index fell 0.3 percent, while Barclays fell 8.1 percent to the bottom of the index. The banking …

The Nikkei fell on Wednesday, tracking lower US stock futures as investors digested hawkish rhetoric from the Federal Reserve (Central Bank of America) after the US inflation report. A jump in US bond yields overnight contributed to the rise in Japanese bank stocks, but hurt real estate stocks. The Nikkei …

We adhered to intraday neutrality during the previous report due to the conflicting technical signals, explaining that the 1.0745 level represents one of the most important keys to the direction, explaining that the 60-minute candle sticking above the mentioned level might push the Euro-dollar pair to visit 1.0780, to record …

The Japanese government said it has appointed academic Kazuo Ueda as the next central bank governor, in a surprise choice that could boost chances of ending its unpopular yield control policy. Ueda, 71, a former board member of the Bank of Japan, will succeed Haruhiko Kuroda, whose second five-year term …

European stocks opened higher on Tuesday, supported by gains in the travel sector, after TUI Tourism Group expected a recovery in the travel sector for the next summer season. The pan-European Stoxx 600 index was up 0.3 percent by 0812 GMT. European travel and leisure stocks rose 0.6 percent. Germany-listed …

Japan’s Nikkei rose on Tuesday after Wall Street’s rally overnight, as investors take positions ahead of key US inflation data later in the day that could determine the direction of the Federal Reserve’s monetary policy. The Japanese government nominated Kazuo Ueda for the post of Governor of the Bank of …

The single European currency started its daily trading on an upward rebound, taking advantage of the support floor posted last Friday at 1.0655, which forced the price to form an upward bias. As a result, the pair now hovers around its highest level during the early trading of the current …

European stocks opened higher on Monday ahead of US inflation data due on Tuesday, while real estate stocks fell on disappointing quarterly earnings from Sweden’s Castellum. The Stoxx Europe 600 index rose 0.2 percent, after posting its first weekly decline in three weeks on Friday. Stockholm-listed Castellum fell 5.8 percent …

The Japanese Nikkei index closed lower on Monday, as heavyweight technology stocks tracked the decline in the US Nasdaq index in the last session, while investor sentiment was affected by some companies announcing bleak earnings forecasts. The Nikkei index fell 0.88 percent to close at 27,427.32 points, after falling to …

European stocks fell on Friday and were about to end a three-day winning streak as investors assessed the prospects for prolonged global monetary tightening, and a bleak outlook from German sportswear outfit Adidas weighed on sentiment. The pan-European STOXX 600 index was down 0.6% by 0815 GMT, after touching a …