Tag Archives: Hungary

The euro rose on Wednesday for a third consecutive day, after hitting a 20-month low last week, as markets awaited inflation data in the eurozone for clues about the European Central Bank’s next move. The euro has come under pressure recently, falling 8 percent in three months, amid expectations that …

European shares rose for the third session in a row on Wednesday, recovering about half of their losses in January, as the positive impact of strong corporate results outweighed the impact of concerns about rising interest rates ahead of the European Central Bank’s decisions expected on Thursday. The pan-European Stoxx …

European shares rose on Tuesday, tracking US stocks after upbeat comments from the US Treasury’s chief economist calmed some concerns about the future of the stock market, and UBS shares jumped after posting strong quarterly earnings. The pan-European STOXX 600 index rose 1.2 percent after recording its worst monthly performance …

European shares rose on Monday after their worst week in more than two months, as investors looked ahead to the European and British central bank meetings amid concerns about monetary policy tightening, rising inflation and geopolitical tensions. The pan-European Stoxx 600 index rose 0.9 percent, with technology shares up 2 …

European shares fell on Friday amid risk aversion on interest rate hike expectations and geopolitical tension in Ukraine, but some strong business results capped losses. The pan-European Stoxx 600 index fell 0.8 percent, heading for its fourth consecutive weekly decline. Auto and chemical stocks were the top losers. But luxury …

European shares fell on Thursday after US Federal Reserve Chairman Jerome Powell signaled a rate hike in March and kept monetary policy tight to curb inflation. The pan-European Stoxx 600 index fell 0.6 percent, with most sectors and markets in the region declining. After the Federal Reserve’s meeting, Powell said …

European shares extended their rally on Wednesday, as cautious traders awaited the outcome of the Federal Reserve’s two-day meeting, which concludes later Wednesday, for indications of tightening monetary policy in the face of rising inflation. The pan-European STOXX 600 index rose 1.1 percent, with all sectors gaining, led by the …

European shares fell in early trading on Monday, with technology shares falling as fears of monetary tightening sparked a sell-off in global stocks over the past week. The pan-European Stoxx 600 index was down 0.4 percent by 0814 GMT, with Asian markets also under pressure as investors awaited monetary policy …

European shares fell sharply on Friday following a global sell-off in stock markets on concerns linked to the pace of central bank tightening and weak economic data. The pan-European Stoxx 600 index fell 1.4 percent in a broad sell-off and is headed for its worst daily performance in nearly two …

Hungary, Poland, and Estonia are among European nations that are unhappy with plans to launch a minimum global European shares rose in early trading today, Thursday, supported by gains in the travel and entertainment sector, which rose more than 1%, and with the follow-up to the latest developments in the …