Archive for Tag: European stocks News

European Stock Futures

European Stock Futures Edge Higher; ECB Meeting Looms Large

European stock markets are expected to edge higher at the open Thursday, continuing the recovery from the sharp selloff at the start of the week ahead of the latest policy announcement by the European Central Bank. At 2 AM ET (0600 GMT), the DAX Futurescontract in Germany traded 0.1%...

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European Stock Futures

European Stock Futures Mixed; Eurozone Inflation Due

European stock markets are seen opening mixed Friday, stabilizing after the previous session’s sharp losses ahead of the release of Eurozone inflation data for June. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1% lower, CAC 40 Futuresin France dropped 0.1%, while the FTSE...

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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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European Stock Markets News

Global shares fall on pandemic fears ahead of U.S. jobs report

Global shares retreated from recent highs on Wednesday, as Asian markets grew jittery about a resurgence of COVID-19 cases and Western markets awaited Friday’s U.S. jobs report and what it might mean for monetary policy. Asset markets have been buoyed over the past year by trillions of dollars in...

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European shares

Sharp rise in European sentiment helps stocks higher

European shares ended higher on Tuesday after data showed economic sentiment improved sharply in June, while Adidas lifted the German index with a share buyback plan. The pan-European STOXX 600 closed 0.3% higher at 456.37 points, after data showed eurozone economic sentiment hit a 21-year high in June as...

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European Stock Markets News

EU assessment of banks banned from bonds sales to be done very soon

The European Commission will make an assessment of banks it banned from EU Recovery Fund bond issuance very soon, which could see lenders re-admitted to the process, sources familiar with the situation told Reuters on Wednesday. The European Union has excluded some of the biggest investment banks with past...

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