LAST UPDATE: 12.40 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 […]
Tag: European Market
Small losses in the euro markets, heavy on the macro
European stocks fell on Monday, with the energy sector the worst performer as worries about the risk of a global economic slowdown rekindled after data showed a slowdown in manufacturing activity in China, the Eurozone and the US. On the board, the pan-European STOXX 600 lost 0.1% after continued sign changes. The index posted an […]
Euromarkets: ‘Football’ in August with small fluctuations
European stock markets enter August with mixed signs and restrained movements, with the investment mood softening after the strong gains shown by the Euro markets on Friday and also in July as a whole, which recorded its best monthly performance since November 2020 with a “jump” 6.3%. Investors continue to weigh the barrage of corporate […]
Euromarkets: ‘Football’ in August with modest gains
LAST UPDATE: 11.25 With restrained movements on positive ground, the European stock markets enter August, with the investment mood maintaining a positive momentum after the strong gains shown by the Euro markets on Friday and also in July as a whole, which recorded its best monthly performance since November 2020 with “jump” 6.3%. Investors continue […]
Euro markets completed their best month since November 2020
The main European indices finished both the day and the month with strong gains, with the investment mood appearing strengthened against the backdrop of corporate results and macroeconomic figures. In particular, the pan-European Stoxx 600 closed up 1.3% at 438.3 points, with the energy sector rallying 2.9% and most of the index’s sectors in positive […]
Euro markets gain with an eye on GDP data
European stock markets moved on a positive note on Friday as investors continued to monitor corporate earnings announcements ahead of Eurozone inflation and GDP data later today. On Thursday evening, the American Amazon.com Inc. announced their quarterly results. and Apple Inc. with the two tech giants beating estimates, while big European names such as Renault, […]
Strong gains in Euro markets boosted by macros
European stock markets continue with strong gains in Friday trading amid a new barrage of corporate results and after encouraging data on Eurozone GDP in the second quarter. Data released by Eurostat today showed that the Eurozone economy continued to grow in the second quarter of 2022, despite intense pressure from the energy crisis and […]
Euro markets gain in wake of corporate results
European markets closed higher on Thursday as global investors digested corporate results, new economic data and some slightly less hawkish messages from the US Federal Reserve. The Fed yesterday raised interest rates by 0.75% as expected as it tries to tackle inflation without triggering a recession. Chairman Jerome Powell maintained an aggressive tone on containing […]
European stock markets are on an upward trajectory due to the Fed
European stocks edged higher on Thursday as global markets were relieved by a less hawkish tone from the US central bank. The pan-European Stoxx 600 is up 0.5%, the FTSE is up 0.54%, the DAX is up 0.53%, the CAC 40 is up 0.63%, the FTSE Mib in Milan is up 1.10% and the IBEX […]
Euro markets gain ahead of Fed decisions
European markets closed on a positive note on Wednesday amid a fresh barrage of corporate results on both sides of the Atlantic and shortly before the US Federal Reserve’s interest rate decisions. On the board, the pan-European Europe 600 index rose 0.5% to close at 428.12 points. Germany’s DAX rose 0.5% to 13,166.38, France’s CAC […]
