The healthcare sector helped European shares on Thursday recovered from a session that saw their worst performance in a month, even as investors remained wary of the Fed’s tightening minutes and Washington’s new sanctions against Russia. The pan-European Stoxx 600 index rose 0.5%, after losing 1.5% in the previous session. …
Read More »European shares rise with the support of the healthcare sector
The healthcare sector helped European shares on Thursday recovered from a session that saw their worst performance in a month, even as investors remained wary of the Fed’s tightening minutes and Washington’s new sanctions against Russia. The pan-European Stoxx 600 index rose 0.5%, after losing 1.5% in the previous session. …
Read More »Sanctions fears weigh on European stocks
European shares retreated from more than six-week highs on Wednesday as the United States and its allies are likely to further isolate Russia’s economy with more sanctions, boosting global inflation. The pan-European STOXX 600 index fell 0.3 percent, joining Wall Street and Asia markets, as concerns about a tightening from …
Read More »The rise of oil limits the losses of European shares
European shares were little changed on Tuesday, as a rise in oil prices due to the possibility of more sanctions on crude-exporting Russia lifted energy shares, helping to offset losses in banks and industrial companies. The pan-European STOXX 600 index rose 0.1 percent by 0710 GMT, after two days of …
Read More »European shares open for an increase with the support of the healthcare sector
European shares rose on Monday, led by an advance in healthcare stocks, as investors awaited more Western sanctions after Ukraine accused Russia of war crimes. The pan-European Stoxx 600 index rose 0.3 percent, after ending the week with a 1 percent increase. Pharmaceutical company Roche rose 1.5 percent after the …
Read More »US liquefied natural gas exports rise 16%, to new record
US liquefied natural gas (LNG) exports rose nearly 16% last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continuing to dominate.US LNG is in high demand as European countries try to cut gas imports from Russia following its invasion of Ukraine while also looking …
Read More »Market Drivers – European Session 30-3-2022
Private sector employment in the US rose by 455,000 in March, ever so slightly above the 450,000 expected gain, according to US payroll company ADP’s latest estimate of national employment change released on Wednesday. The broadly in line with expected ADP data will instill confidence that Friday’s official jobs report …
Read More »Market Drivers – European Session 29-3-2022
As pointed out by Mohamed Hashad, Director of Research and Development Department at Noor Capital, in this morning’s report, The safe-haven yellow metal fell strongly after positive news regarding the progress of negotiations between Russia and Ukraine. As a result, the yellow metal gave up the levels of 1900 dollars …
Read More »US Treasury Yields Surge to the Highest Levels Since 2019
Treasuries slumped, sending the two-, five- and 10-year yields to the highest levels since May 2019, as policy makers in the US and Europe cranked up expectations for higher borrowing costs in the face of mounting inflationary pressures.Another round of selling arrived in the early afternoon in New York after …
Read More »Natural Gas Prices Retreat, Remain Within Range
Natural gas futures reversed lower on Friday as analysts mulled updated inventory data and as overnight weather modeling dialed back the extent of lingering late-winter cold. After brushing up against the $5/MMBtu mark Thursday, the April Nymex contract was down 8.1 cents to $4.909/MMBtu earlier trading, and further retreated at …
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