European shares opened on a cautious note on Friday, following strong gains from the previous session, which were driven by the European Central Bank’s (ECB) interest rate cut and upbeat earnings reports. The Europe-wide STOXX 600 index dipped slightly, down 0.05% as of 0718 GMT. Real estate companies led the …
Read More »European Stocks Edge Up as Investors Eye ECB Rate Cut and Mixed Earnings
European stocks edged higher on Thursday, as investors anticipated a dovish tone from the European Central Bank (ECB) following its widely expected interest rate cut. The continent-wide STOXX 600 index inched up 0.1% at 0713 GMT, recovering slightly after a two-day decline. Key Gainers and Earnings Highlights Finnish bank Nordea …
Read More »European Tech and Luxury Stocks Slump Amid Disappointing Earnings and ECB Caution
European tech and luxury stocks took a hit on Wednesday following weak earnings reports from key players like ASML and LVMH, adding to market jitters ahead of the European Central Bank’s (ECB) upcoming policy decision. The STOXX 600 index fell by 0.3%, pulling back further from a recent two-week high. …
Read More »Gold Prices Steady Near Record Highs Amid Fed Rate Cut Speculation
Gold prices remained steady near record highs during Asian trading on Wednesday, recovering some recent losses as traders continued to bet on further interest rate cuts by the U.S. Federal Reserve. After hitting record highs in September, gold has since traded within a narrow range of $2,600 per ounce, with …
Read More »European Stocks Start the Week Cautiously Amid Chinese Stimulus Talk and ECB Meeting
European stock markets opened the week on a cautious note Monday, as investors processed discussions of potential Chinese fiscal stimulus while awaiting the European Central Bank’s upcoming rate-setting meeting. As of 03:10 ET (07:10 GMT), Germany’s DAX index edged 0.3% higher, while France’s CAC 40 and the U.K.’s FTSE 100 …
Read More »Gold prices muted; copper weakens
Gold prices steadied in Asian trade on Monday as traders awaited more cues on U.S. interest rates from upcoming Federal Reserve speakers this week, while expectations of a November rate cut remained in focus. In the industrial metals market, copper prices dipped due to underwhelming signals on fiscal stimulus from …
Read More »European Markets Edge Lower Amid Mixed Economic Data and U.S. Earnings Season
European stock markets traded slightly lower on Friday, as investors digested disappointing British growth data while awaiting key U.S. bank earnings and an anticipated fiscal policy briefing from China. As of 03:10 ET (07:10 GMT), Germany’s DAX index fell 0.1%, France’s CAC 40 dropped 0.1%, and the FTSE 100 in …
Read More »Gold Extends Gains Amid Mixed U.S. Economic Data, Dollar Weakness Supports Broader Metal Prices
Gold prices continued to rise in Asian trade on Friday, building on overnight gains as stronger-than-expected U.S. inflation data was balanced by weaker labor market figures. This dynamic helped boost broader metal markets, with copper and other industrial metals benefiting from the softer dollar and anticipation of fiscal stimulus cues …
Read More »European Stocks Slip as Tech, Mining Lead Declines Amid U.S. Inflation Focus
European shares edged lower on Thursday, led by losses in technology and mining stocks, as investors awaited crucial U.S. inflation data for insights on the Federal Reserve’s next steps regarding interest rates. The pan-European STOXX 600 fell 0.2%, with the most significant declines seen in tech, mining, and travel and …
Read More »Gold Prices Steady as Dollar Strength Persists, CPI Data in Focus
Gold prices remained relatively unchanged in Asian trade on Thursday, with investors focusing on upcoming U.S. inflation data to gauge the future path of Federal Reserve interest rate cuts. A stronger U.S. dollar continued to apply pressure on gold, which has dropped from record highs due to the expectation of …
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