Tag Archives: Forex

European shares remained flat on Tuesday, stabilizing after a 1% jump in the previous session, as investors digested a mix of economic data while anticipating a widely expected interest rate cut from the European Central Bank (ECB) later in the week. The pan-European STOXX 600 index held steady at 510.40 …

European shares kicked off the week with gains following a sharp decline last Friday, as investors look ahead to key economic data releases and expect the European Central Bank (ECB) to reduce interest rates later this week. By 0711 GMT on Monday, the pan-European STOXX 600 index had risen by …

European stocks continued their downward trend for the fourth consecutive session on Thursday, as investors remained cautious, awaiting key economic data from the eurozone and tracking U.S. labor market figures to assess the Federal Reserve’s future interest rate decisions. As of 0715 GMT, the pan-European STOXX 600 index dipped by …

European stocks opened sharply lower on Wednesday as concerns over a potential economic slowdown in the United States sent ripples through global markets. Investors also turned their focus to upcoming economic data from the euro zone, adding to the bearish sentiment. Market Overview By 07:10 GMT, the pan-European STOXX 600 …

European stocks showed mixed performance on Tuesday as investors treaded cautiously ahead of a slew of economic data, including the crucial U.S. jobs report due on Friday. While the pan-European STOXX 600 index remained flat, German stocks reached an all-time high, buoyed by easing inflation and positive sentiment surrounding interest …

Persistent contraction: Eurozone manufacturing activity continued to decline in August, according to the latest PMI data.Weak demand: New orders and demand from abroad fell at the fastest rates this year.Price increases: Manufacturers raised their prices for the first time in 16 months, driven by factories in several countries.Inflation easing: Overall …

Eurozone inflation fell to its lowest level in three years in August, according to data released on Friday, raising expectations of another interest rate cut by the European Central Bank (ECB) next month. Headline Inflation: Consumer price growth slowed to 2.2% year-on-year in August, down from 2.6% in July, moving …

European shares reached an all-time high on Friday, with the pan-European STOXX 600 index climbing 0.2% to 525.65 points by 0713 GMT. This gain surpassed the previous record of 525.59 points set in June, and the index is on track for a fourth consecutive week of gains. The benchmark is …

The U.S. dollar gained ground on Thursday, recovering from recent lows as investors awaited key economic data releases that could provide insights into the Federal Reserve’s next moves. Meanwhile, the euro weakened due to signs of cooling inflation in Germany. Dollar Recovers from Recent Lows At 04:10 ET (09:10 GMT), …

European shares edged up slightly on Thursday, driven by gains in media and technology stocks, which helped the market buck a global downtrend following underwhelming results from Nvidia. STOXX 600 Index Rises Amid Mixed Sector Performance The pan-European STOXX 600 index gained 0.2% by 0712 GMT, buoyed by a 0.5% …