Major European stock markets rallied on Monday, trying to erase Friday’s losses as investors eyed corporate results and weighed risks of an impending recession. Major European indexes ended last week in negative territory, as data showing the US labor market was outperforming sent a wave of pressure into Europe as well, dashing hopes of the […]
Tag: European Market
Falling week close in euro markets with imported pressures
The main European indices ended the week in negative territory, as the data that showed the American labor market to be overperforming brought a wave of pressure to Europe as well. In particular, the pan-European Stoxx ended trading at 435.72, down 0.76%, with the tech sector plunging 2.4% as an impressively strong US payrolls picture […]
Euro markets welcomed the Bank of England with a mild rise
The main European indices closed with small gains, on a day marked by the Bank of England’s historic interest rate hike, the biggest since 1995. In particular, the pan-European Stoxx 600 index closed at 439.06 points, up just 0.17%, with the travel and leisure sector jumping 1.9%, while the energy sector fell 1.3%. The Stoxx […]
Profits in the Euromarkets, BoE decisions are awaited by investors
European stock markets moved higher on Thursday, with investor attention remaining focused on corporate earnings announcements that come at a difficult time, with unprecedented geopolitical tensions and a frantic rally in inflation. French bank Credit Agricole jumped 4% after reporting better earnings estimates for the latest quarter, as did BNP Paribas and Societe Generale in […]
Profits of more than 1% in Euro markets
Most European stock markets continued to gain more than 1% on Thursday as strong corporate results – at a difficult time, with unprecedented geopolitical tensions and a wild inflation rally – boosted the market today French bank Credit Agricole jumped 4.35% after reporting better earnings estimates for the latest quarter, as did BNP Paribas and […]
European markets closed with gains – ‘Jump’ 43% for Avast
European stock markets ended the session with gains on Wednesday, as the “bloodless”, finally, visit of the speaker of the US House of Representatives, Nancy Pelosi, to Taiwan and encouraging macroeconomic data from the other side of the Atlantic opened the appetite today of investors for placements. It is noted that Pelosi’s visit to Taiwan […]
Small losses and caution in the euro markets
European stock markets moved with small losses in Wednesday’s trading, with investors following the increased geopolitical tension and the announcements of quarterly results in Europe and the US. The new crisis in US-China relations on the occasion of the visit of the Speaker of the House of Representatives, Nancy Pelosi to Taiwan is weighing on […]
Euro markets are finding an upward trend
The picture is improving in Euro markets, with indices moving into bullish territory after House Speaker Nancy Pelosi’s visit to Taiwan ended without any surprises, with investor attention turning again to quarterly results announcements and the latest macroeconomic data. The new crisis in US-China relations on the occasion of Pelosi’s visit to Taiwan caused jitters […]
Euro markets limited losses in the afternoon
The attempt to react in the afternoon failed to bring positive signs to the main European markets, but it limited the day’s losses to a great extent, with the indices finally ending their trading with a small fall. In particular, the pan-European index closed trading at 436.08 points with a drop of 0.32%, under pressure […]
Losses for a second day in the Euro markets – At 0.7% Stoxx 600
Euro markets remain in negative territory for a second day in a row, tuned in by investors’ cautious appetite for risk as they try to weigh whether July’s rally can sustain its momentum. The energy sector is the negative protagonist of the days as concerns about the risk of a global economic slowdown rekindled after […]