European stocks stabilized ahead of data on corporate activities that may shed light on the pace of economic recovery in the continent, while the rise in the pound sterling pushed the British FTSE 100 index to decline. The Stoxx 600 index of European stocks rose 0.1%, as it is still …
Read More »Japan shares Declining Due to Negative US Economic Outlook
Japanese stocks fell at the close Thursday, August 20, affected by Wall Street losses after the US Federal Reserve meeting minutes revealed that policymakers are concerned about the uncertainty surrounding the path of the economic recovery from the Coronavirus pandemic. The Nikkei index fell 1% to close at 22,880.62, the …
Read More »European Stocks Weaken After Wall Street Rally
European stocks fell on Wednesday, August 18, and were unable to gain strength from a record rise in S&P 500 index, as investors feared an increase in coronavirus cases would impede the emerging economic recovery in Eurozone. The European Stoxx600 index fell 0.1% by 07:15 GMT, with the mining, oil …
Read More »European Shares Drop Amid US-Chinese Tensions and Covid-19 Cases
European stocks fell on Tuesday, August 18, as investors feared the escalation of US-Chinese tensions and the return of Coronavirus cases, which affected shares of companies sensitive to the economic cycle. The European Stoxx600 index fell 0.5% at 07:13 GMT, as banking, energy, insurance and auto stocks fell between 0.8 …
Read More »European Shares Fell Due to The Decline in Tourism Shares
European stocks fell as tourism stocks took a hit after Britain added more European countries to its list of quarantine areas for arrivals, while disappointing retail sales data from China raised doubts about the pace of the economy’s recovery. The pan-European STOXX 600 index fell 0.8%, but is on track …
Read More »Communications lifted European shares after Sunrise
Telecom stocks boosted European stocks on Wednesday (August 12th) after Liberty Global’s bid to take over Sunrise Communications, while Britain’s FTSE100 index gained on bets on domestic stimulus. The European Stoxx600 index rose 0.2%, gaining for a fourth consecutive session. Sunrise Communications jumped 26.8% after Liberty Global inaugurated a bid …
Read More »Asian Shares Are Down Before The European Summit
Asian Shares were underperforming on Monday morning, with oil and copper weakening and the increase of Covid-19 cases driving the markets as they awaited Eurozone and US efforts to reach fiscal stimulus plans to combat the epidemic. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.2%, erasing early gains …
Read More »Shares Fall in Asia, Ignoring Data
Asian shares and US stock futures fell on Thursday, due to concerns about the trade tension between the United States and China and the economic cost of the Covid-19 waves. MSCI’s broadest index of Asia-Pacific shares outside Japan fell by 1.18%, while Tokyo’s Nikkei fell 0.74%. Shares in China fell …
Read More »Asian Shares Rise on Optimism
Asian shares reached their highest levels in five months on Monday, with investors optimistic about the earnings reports from US companies, as it is expected to exceed expectations despite Covid-19 and lockdowns. The MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.15%, after rising sharply last week due to …
Read More »Asian Shares Down
Asian shares and US stock futures fell on Friday, with an increase in the number of Covid-19 cases in the United States, which casts fears on the outlook for economic recovery. At the same time, investors looked forward to the earnings season. MSCI’s broadest index of Asia-Pacific shares outside Japan …
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