Tag Archives: European

Last week, the financial markets were shaped by significant data releases across several major economies, notably the United States and the eurozone. In the eurozone, data published by the European Statistics Office (Eurostat) on Friday indicated that the region’s annual harmonized consumer price index (HICP) rose by 2.6% in February, …

In the pulse of the financial world, the spotlight of the past week fell squarely on key US economic indicators, particularly inflation data, igniting a flurry of activity and recalibration across markets. Inflation Insights Headline US inflation for January came in at 3.1%, a modest improvement that fell slightly short …

The past week proved to be a rollercoaster for global financial markets, dominated by pivotal events that shaped the economic landscape. From the Evergrande saga to pivotal interest rate decisions and robust US job data, here’s a comprehensive breakdown of the week that was. American Interest – The Fed’s Pause …

European shares fell on Wednesday as investors awaited US inflation data expected to reach its highest level in 40 years, which supports a large interest rate hike and may push the euro to parity with the dollar. The pan-European Stoxx 600 index fell 0.8 percent after closing higher in a …

Relations between the UK and EU have been tattered due to the brinkmanship over the British threats to trigger an emergency clause known as Article 16 of the Northern Ireland Protocol. European Commission’s Maros Sefcovic said the EU will consider all tools at its disposal if the UK Government triggers …

European shares opened higher on Wednesday, September 2, after suffering losses for four consecutive sessions, while the media and entertainment sector recovered from the large losses recorded in the previous session. The European Stoxx600 index rose 1.1% in early trade, after losing more than 2% over the past four sessions. …

European stocks fell during early trading on Thursday, as investors awaited US Federal Reserve Chairman Jerome Powell’s speech for new clues about the path of monetary policy. The Stoxx 600 index currently fell by 0.43% to 371.5 points, while “FTSE” fell by 0.42% to 6,019.82 points. The German DAX index …

Renewed optimism about a US-Chinese trade agreement and a less-than-expected decline in economic production in Germany led to the rise of European stocks on Tuesday, and stocks in Frankfurt recorded their highest level in a month. The European Stoxx600 index rose 0.8% by 07:11 GMT, extending gains on the back …

European stocks fell on Wednesday, with earnings reports and traders waiting for the United States to agree its latest stimulus package. At 07:55 GMT, the German DAX edged up 0.5%, the FTSE gained 0.6%, and the French CAC added 1%. A day after European leaders signed the historic € 750 …

European stocks rose on Monday, with the cyclical sectors leading the gains as investors optimistic about the earnings season and the economic recovery from the effects of the Covid-19 pandemic. The pan-Euro Stoxx index rose 0.8% as banking, automobile and oil stocks rose from 1.2%:2.0%, while mining stocks gained 2.0 …