Archive for Tag: CAC

European stock markets

European Stock Futures Higher; Fed Meeting Looms Large

European stock markets are expected to open higher Tuesday, rebounding from the previous session’s sharp losses, although worries remain about the contagion risks associated with property giant China Evergrande Group, while the Federal Reserve’s policy meeting continues to dominate thinking. At 2:05 AM ET (0605 GMT), the DAX Futurescontract...

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European shares

European stocks head lower on virus, policy anxiety

European shares headed lower on Thursday after data outlined faltering German consumer morale as COVID-19 cases surged, while worries about monetary policy outlook further dented the mood. The pan-European STOXX 600index fell 0.6% by 0707 GMT, with retail and mining stocks among the biggest losers. Investors remained on edge...

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UK economy

UK economy grew by stronger-than-expected 1.0% in June

Britain’s economy grew by a faster-than expected 1.0% in June, boosted by the huge services sector as people resumed going to see their doctors following the pandemic and after many hospitality firms were allowed to resume indoor service in mid-May, official data showed on Thursday. A Reuters poll of...

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British house prices

UK house prices return to growth in July – Halifax

British house prices rose in July after falling in June as demand for bigger homes following pandemic lockdowns helped to soften the impact of a reduced tax break for buyers, mortgage lender Halifax said on Friday. House prices last month were 0.4% higher than in June when they fell...

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European Stocks

European Stocks Mixed; Societe Generale, BP Impress With Earnings

European stock markets traded largely higher Tuesday, helped by a batch of largely positive corporate earnings from a number of corporate giants. At 3:30 AM ET (0730 GMT), the DAXin Germany traded largely flat, the U.K.’s FTSE 100climbed 0.3% and the CAC 40in France rose 0.8%. The corporate earnings...

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European Stock Markets News

ECB MORE CAUTIOUS THAN FED ON INFLATION OVERSHOOT IN NEW TARGET

The European Central Bank took a step in the Federal Reserve’s direction with its new inflation target of 2%, while stopping short of a similar commitment to let the economy run hot after a recovery. In announcing the results of its own long-running strategy review on Thursday, officials in...

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