Euro markets closed with strong gains on Friday, snapping a five-session losing streak, as investors weighed data released earlier today in the US labor market. The data showed that the US economy continued to add new jobs in August, although the pace slowed compared to the previous month, while wages continued to be on an […]
Tag: European Market
A breather in the Euromarkets after the five-day falling streak
European markets gained ground on Friday, rebounding after five consecutive negative sessions, with investors taking a wait-and-see approach ahead of US jobs data. These data are at the heart of the Federal Reserve’s analysis of the path of the economy and are expected to largely determine its decision on the size of the next interest […]
Euro markets extend gains after US macros
European markets extended gains on Friday, rebounding from five consecutive negative sessions, as investors turned their attention to U.S. jobs data today. The data showed that the US economy continued to add new jobs in August, although the pace slowed compared to the previous month, while wages continued to be on an upward trajectory. In […]
Euro markets welcomed September with losses of more than 1%
Losses of more than 1% welcomed the euro markets in September after the decline in August amid a climate of concern created by the interest rate hikes by central banks and the risk of recession. In this climate, the pan-European Stoxx 600 recorded losses of 1.80% to 407.66 points, with all sectors closing in the […]
Negative start in September for the euro markets
European stock markets start September with a negative sign after the heavy losses in August in the climate of concern created by the interest rate hikes of the central banks and the risk of recession. Federal Reserve Chairman Jerome Powell’s aggressive speech on inflation last Friday and subsequent statements by central bankers on both sides […]
Euromarkets: Sharp losses and closing at lows of the day with a focus on inflation
The main European indices finished trading with significant losses, in the shadow of the new inflationary record that appears to be leading to a gigantic increase in ECB interest rates. In particular, the pan-European index Stoxx 600 completed on 415.12 units with a fall 1.1% and close near the day’s low, with pressures starting when […]
Weak start in the euro markets
European markets opened on a positive note on Wednesday after three sessions of heavy losses, only to quickly pare gains as concerns persisted about risks to growth from interest rate hikes on both sides of the Atlantic. The message that central bankers in Europe and the US are now trying to send is that their […]
Continued pressure on the euro markets
European stock markets continued to trade lower on Wednesday, although they opened higher in a bid to bounce back after three sessions of heavy losses, with concerns about risks to growth from interest rate hikes on both sides of the Atlantic burden the climate even today. The message that central bankers in Europe and the […]
Pressures on euro markets intensify after inflation data
Euro markets are extending losses after Eurostat’s August inflation data showed a further jump in prices to a record high, paving the way for more aggressive action from the European Central Bank at its next meeting in September. Annual inflation hit a new record high of 9.1% from 8.9% in July, according to preliminary data […]
Losses in euro markets as concerns about the path of interest rates intensify
European stocks fell on Monday, with the technology sector the biggest loser, as bond yields soared after a barrage of statements from central bankers on the need for further monetary tightening to control inflation. The pan-European STOXX 600 fell 0.8% to 422.65, with the technology sector down 2.4%. The losses came in the shadow of […]