Archive for Tag: CAC40 Market Outlook

European stock markets

European Stocks Higher; Airline Stocks Helped by Covid Discussion

European stock markets traded higher Friday, helped by gains in the airline’s sector on hopes Covid-19 restrictions may be ending, although concerns surrounding China, one of the world’s main growth drivers, remain. At 3:35 AM ET (0735 GMT), the DAXin Germany traded 0.6% higher, the CAC 40in France rose...

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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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