Data from the European Automobile Manufacturers Association showed on Wednesday that for every five new cars sold in European Union countries during the month of August, more than one was fully electric, and sales of zero-emission cars more than doubled. The association said that fully electric models represented 21 percent …
Read More »European stocks rise ahead of Fed
European stocks rose on Wednesday ahead of the Federal Reserve’s interest rate decision later in the day, while British data showing inflation fell more than expected in August helped British stocks outperform their peers in the region. The European STOXX 600 index rose 0.3 percent after losses for two consecutive …
Read More »European stocks decline as the industrial sector slows
European stocks fell on Tuesday in volatile trading, as industrial stocks continued their losses for the second session in a row, while cautious investors awaited a series of central bank decisions this week. The European STOXX 600 index fell 0.1 percent by 0717 GMT. Investors are cautious before decisions related …
Read More »European stocks decline with anticipation of the results of central bank meetings
European stocks opened slightly lower on Monday after sharp gains last week, as investors awaited a week full of central bank meetings in Norway, Sweden, Switzerland, Britain and the United States to make decisions on interest rates. The European STOXX 600 index fell 0.2 percent by 0705 GMT due to …
Read More »European stocks rise ahead of the European Central Bank’s interest rate decision
European stocks rose on Thursday even as investors remained cautious ahead of the European Central Bank’s decision on interest rates, as it is likely to raise them for the tenth time in a row. Markets expect approximately 65 percent of interest rates to rise by 25 basis points, which will …
Read More »Interest rate concerns weigh on European stocks
European stocks fell on Wednesday as investors awaited an important report on inflation in the United States scheduled to be issued later on Wednesday, searching for clues about the path of US interest rates. The European STOXX 600 index fell 0.5 percent by 0707 GMT, with the interest rate-sensitive technology …
Read More »European stocks stabilize after a seven-day sell-off
European stocks rose on Monday as investors awaited US inflation data as well as a monetary policy decision from the European Central Bank later in the week for further indications on the path of global interest rates. The European STOXX 600 index rose 0.6 percent by 0712 GMT, after falling …
Read More »European stocks stabilize after a seven-day sell-off
European stocks rose slightly on Friday, with investors snapping up shares in luxury goods and technology companies that fell sharply after a wide range of concerns, including the possibility of continued high US interest rates and a slowdown in the European economy, negatively affected sentiment this week. The European STOXX …
Read More »European stocks decline for the seventh day as investor sentiment deteriorates
European stocks fell for the seventh consecutive session on Thursday, heading towards the longest losing streak in more than five years, affected by fears of a slowdown in the European economy and keeping US interest rates high. By 0714 GMT, the European STOXX 600 index fell 0.4 percent, hitting its …
Read More »European stocks continue their losses affected by fears of an economic slowdown
European stocks extended their losses for the sixth straight session on Wednesday as concerns about the global economic slowdown and rising crude oil prices leading to inflationary pressures made investors reluctant to take risks. By 0713 GMT, the STOXX 600 index was down 0.5 percent, hovering near its lowest level …
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