France’s election has the ability to rock wider European stocks: Citi

France’s election has the ability to rock wider European stocks: Citi

France’s parliamentary election has already rattled investors as the country’s risk premium rises — but two possible scenarios have still not been priced in by markets and could impact stocks in the wider European region, according to Citi. “Our model suggests that the market is pricing in something between a benign outcome and a gridlock … Read more

Le Pen’s far-right National Rally election gains

Le Pen’s far-right National Rally election gains

Jordan Bardella, President of the National Rally (Rassemblement National), a French nationalist and right-wing populist party, speaks to over 5,000 supporters at his final rally ahead of the upcoming European Parliament election on June 9th, at Le Dôme de Paris – Palais des Sports, on June 2, 2024., France, on June 2, 2024, in Paris, … Read more

France’s shock election has rattled nerves and raised debt crisis talk

France’s shock election has rattled nerves and raised debt crisis talk

Poster of Christophe Versini for the Rassemblement National (National Rally) party, with Marine Le Pen and Jordan Bardella on it, on June 24, 2024.  Magali Cohen | Afp | Getty Images The sell-off in French stocks and government bonds after President Emmanuel Macron called a shock parliamentary election may have eased — but investors remain … Read more

stocks, news, data and earnings

stocks, news, data and earnings

A Trader works on the floor of the New York Stock Exchange in New York City, June 24, 2024. Brendan McDermid | Reuters LONDON — European stocks were higher Wednesday, reversing negative sentiment seen in the previous trading session. Major European bourses were in green territory, with the pan-European Stoxx 600 last 0.56% higher at … Read more

stocks, news, data and earnings

stocks, news, data and earnings

LONDON — European stocks are expected to start the new trading week in mixed territory. The U.K.’s FTSE index is seen opening 23 points lower at 8,213, Germany’s DAX down 17 points at 18,160, France’s CAC 40 down 32 points at 7,602 and Italy’s FTSE MIB 69 points higher at 33,511, according to IG. European markets … Read more

Golden Goose postpones Milan IPO citing political turmoil in Europe

Golden Goose postpones Milan IPO citing political turmoil in Europe

An employee adjusts a sneaker display inside a Golden Goose SpA store in the Mayfair district of London, UK, on Monday, Dec. 4, 2023. Roughly a dozen banks competed for roles on a potential initial public offering in Milan of Golden Goose, with valuations pitched in a range of 3 billion ($3.3 billion) to 4 … Read more

stocks, news and UK inflation data

stocks, news and UK inflation data

Shoppers pass along the main high street in Whitstable, UK. Bloomberg | Bloomberg | Getty Images LONDON — European stocks moved lower on Wednesday, losing the positive momentum seen during the previous trading session. The Stoxx 600 index was down 0.18% by 8:22 a.m. London time, with all major bourses and most sectors in the … Read more

market news, data and earnings

market news, data and earnings

A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market.  Arne Dedert | Picture Alliance | Getty Images LONDON — European stocks opened higher Tuesday after a mixed start to … Read more

RN protests add to Macron’s political gamble

RN protests add to Macron’s political gamble

A demonstrator dressed all in black kicks back with his foot a puck of tear gas fired by police in their direction, during a demonstration against fascism and the National Rally party, in Lyon, France, June 16, 2024.  Matthieu Delaty | Afp | Getty Images France’s election campaign kicked off in earnest Monday following a … Read more

French stocks tumble, risk premium rises under spectre of far-right

French stocks tumble, risk premium rises under spectre of far-right

Jordan Bardella, President of the National Rally (Rassemblement National), a French nationalist and right-wing populist party, speaks to over 5,000 supporters on June 9th, at Le Dôme de Paris. Nurphoto | Nurphoto | Getty Images French stocks plunged Friday, with the country’s blue-chip index heading for its worst week in more than two years, as … Read more