LAST UPDATE: 11.40 Major European stock markets fell on Wednesday, with investors remaining cautious as they await inflation data across the Atlantic today. Analysts fear the consumer price index will move above May’s beastly 8.6%, a reading that could prompt the Federal Reserve to raise interest rates by another 75 basis points at this month’s […]
Tag: European stock markets
Pressures on the Euromarkets for the second consecutive day
Major European stocks were lower on Tuesday as investors remained cautious ahead of Wednesday’s US inflation data, with analysts fearing the consumer price index will move above May’s beastly 8.6%. Euro markets are coming off a session with significant occasional losses and jitters that intensified mainly in Germany due to Wall’s decline. Today, the pan-European […]
Pressures on euro markets with an eye on the euro and US inflation
LAST UPDATE: 12.00 Major European stocks were lower on Tuesday as investors remained cautious ahead of Wednesday’s US inflation data, with analysts fearing the consumer price index will move above May’s beastly 8.6%. At the same time, the focus of investment interest is the euro-dollar exchange rate, with the common European currency approaching absolute parity […]
Losses in Euro markets to close near daily lows
With significant losses in cases and nervousness that intensified mainly in Germany after the Wall opened lower, the indices of the Old Continent completed the first trades of the week. In particular, the pan-European index closed at 414.9 points with -0.5%, under pressure from the automotive sector which fell by 2.7% while the defense-related utilities […]
Euromarkets: Losses of more than 1% awaiting new inflation ‘signals’
Losses for European stocks on Monday as investors await more inflation data from the US this week. Euro markets are coming off positive sessions that saw them gain 2.5% in the previous week, with investors digesting a stronger-than-expected U.S. jobs report that showed an economic recession has not yet arrived, but concerns about the future […]
Euro markets halve their losses
LAST UPDATE: 13.00 European stock markets are picking up their losses as the session started with most indices at -1% but gradually investors are reacting, albeit cautiously, as they await more inflation data from the US this week. Euro markets are coming off positive sessions that saw them gain 2.5% in the previous week, with […]
The Euro markets kept the positive momentum, the Stoxx 600 ‘jumped’ by 2.5% in the week
Major European stock markets rose as investors digested today’s US jobs data. Euro markets continued on a positive pace, albeit with smaller gains than the last two days, while concerns about an impending recession remain in the background. Data released today by the U.S. Labor Department showed the economy added another 372,000 jobs in June, […]
Euro markets gain 1.9% – Mini rally in the periphery
European markets jumped on Thursday, building on momentum from yesterday’s session, with investors assessing the minutes of the Federal Reserve’s latest meeting and not being swayed by Johnson’s resignation in the UK, after appearing to have discounted it the development. In particular, the British Prime Minister, despite the efforts to stay in power, resigns as […]
Gains of over 1.5% in Euro markets
The European indices continued in the intense volatility of the last period, making a significant reaction after the big losses yesterday. In particular, the pan-European Stoxx 600 index ended with a rise of 1.66% to 407.34 points, led by the technology, media and retail sectors which strengthened by more than 3%, while in general almost […]
Positive sign on the European stock markets
Gains were muted for European stocks on Tuesday as investors continued to assess risks from persistently high inflation and slowing growth. International stock markets have come under pressure amid growing concerns that aggressive interest rate hikes by central banks in Europe and the US will derail global growth, sending the world’s biggest economies into recession. […]
