Archive for Tag: DAX Market update

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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European stocks

European stocks track Asian equities higher

European stocks inched higher on Friday, tracking a positive trading session in Asia, even as investors weighed risks from tighter monetary policies after the European Central Bank signalled a slowdown of its pandemic-era bond purchases. The pan-European STOXX 600 index was up 0.2%, as of 0710 GMT, but was...

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European stock markets

European Stock Futures Edge Higher; U.S. Payrolls in Focus

European stock markets are expected to trade cautiously higher Friday as investors await the release of key U.S. employment data, which could influence future Federal Reserve monetary policy. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.2% higher, CAC 40 Futures in France climbed...

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European stock markets

European Stocks Calm; Payrolls and ECB Stimulus in Focus

European stock markets traded largely unchanged Thursday, with investors displaying caution ahead of Friday’s key U.S. payrolls release while European Central Bank members discussed withdrawing monetary stimulus. At 3:40 AM ET (0840 GMT), the DAXin Germany traded 0.1% higher, the CAC 40in France rose 0.1%, while the U.K.’s FTSE...

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European Stock Futures

European stocks climb after bruising week

European stocks followed Asian markets higher on Monday after a bruising selloff last week on global growth worries, while investors awaited a raft of business activity data. The pan-European STOXX 600index rose 0.6% by 0714 GMT after worries over a surge in COVID-19 cases and tighter scrutiny on Chinese...

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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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Euro STOXX 50 futures

Stocks mixed amid concerns over Delta variant, tapering talk

Markets were also cautious ahead of U.S. inflation numbers on Wednesday, which coming soon after strong jobs data, could fuel more speculation about the Fed’s bond-purchase taper. Asian stocks traded sideways on Tuesday, as concerns over the spread of the Delta variant and expectations of earlier tapering by the...

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