Tag Archives: European Shares

At the start of trading on Friday, European stocks took a hit, primarily due to a decline in the shares of technology and sportswear companies. Investors are carefully weighing the potential impact of global trade disruptions following attacks in the Red Sea. Additionally, they await the release of crucial inflation …

The USD/CHF extends its weekly rally and is up by 1.60%. Risk appetite is back as stocks rally, and safe-haven peers suffer.The USD/CHF clings to parity for the second successive day, trading at 1.0028, recording minimum gains of 0.11%, ahead of the US Fed monetary policy decision. Positive sentiment is …

Director of Research and Development at Noor Capital and member of the US Association of Professional Technical Analysts, Mohamed Hashad, was interviewed Monday morning by Dubai Channel to comment on the most outstanding developments in the financial markets during the second week of 2022, as oil continued to reap gains …

The S&P 500 index is down by about 0.6% as yields rally, hurting the dominant tech sector. The latest US jobs report, though mixed, has been interpreted as endorsing the Fed’s monetary tightening plans for 2022.The S&P 500 is trading on the back foot as its heavyweight tech sector suffers …

European shares extended their rally on Tuesday, led by travel, banking, and commodity-related shares amid fresh indications that the mutated Omicron strain of coronavirus may be less severe than previously thought. The pan-European Stoxx 600 index rose 0.6 percent to 493.1 points, setting a new record, after the US Standard …

European shares were little changed on Friday, amid rising COVID-19 infections worldwide and concerns about the pace of the global economy’s recovery from the pandemic. By 0815 GMT, the pan-European Stoxx 600 index fell 0.02 percent, and travel stocks led the losses. The index, which rose 0.2 percent in the …

European shares rose on Thursday on hopes that new restrictions may not be required to combat the Covid-19 pandemic in 2022 and expectations that the mutant omicron will be less affected, but gains remained limited due to an increase in infections with the disease. By 0815 GMT, the pan-European Stoxx …

European shares extended their rally for the third day in a row on Wednesday, boosted by bank and retailer shares despite concerns raised by rising COVID-19 cases about the economic outlook for the new year. The pan-European STOXX 600 index rose 0.2 percent by 0815 GMT, with shares of retailers, …

European shares rose to a five-week high on Tuesday, boosted by record gains on Wall Street, despite persistent omicron concerns as France tightened control restrictions while infections surged in Spain and Britain. The pan-European Stoxx 600 index rose 0.6 percent after rising 0.6 percent in the previous session, its highest …

European stocks kicked off the last trading week of 2021 with gains on Monday, as traders got one last chance to push the main index toward a record closing high before year-end. Pharmaceutical stocks were among the biggest gainers.The Stoxx Europe 600 index XX:SXXP rose nearly 0.5% to 484.82, with …