ECB interest rate decision watched closely

A sculpture of the Euro currency stands in the city centre of Frankfurt am Main, western Germany, on January 25, 2024. Kirill Kudryavtsev | Afp | Getty Images European stocks were higher Thursday, with traders anticipating that the European Central Bank will cut borrowing costs for the euro area for the first time since September … Read more

stocks, news, data and the next ECB decision

European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024. Frederick Florin | Afp | Getty Images European stocks were higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank … Read more

History shows how election can impact stocks

Labour leader Tony Blair arriving in Downing Street after his election victory with crowds waving flags in the background, 2nd May 1997. Jeff Overs | BBC News & Current Affairs | Getty Images LONDON — The U.K. is less than six weeks away from a General Election in which polls suggest the center-left Labour Party … Read more

UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking “very cheap.” The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher. In comparison, the U.S.’ S&P 500 … Read more

European markets open to close, earnings, data and news

LONDON — European markets advanced Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data. The French CAC 40 was up 0.2%, German DAX was also higher by 0.2% and the Italian FTSE MIB was up 0.2%. The U.K.’s FTSE 100 was closed Monday for a public holiday and … Read more

London loses another listing, but analysts wary of writing off UK

The offices of London Stock Exchange Group Plc, right, in Paternoster Square in the City of London, UK. Bloomberg | Bloomberg | Getty Images LONDON — TUI became the latest company to ditch its share listing in London, as shareholders voted overwhelmingly for the German travel giant to list solely in Frankfurt. The Hannover-headquartered group’s … Read more

UK CEO pay exceeds average worker salary for the year

Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images The average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary by 1 p.m. London time on Thursday, according to estimates from the High Pay Centre think tank. The … Read more

Stoxx 600 gains, S&P 500 chases high

LONDON — European stocks started the final session of 2023 higher, marking a positive end to a solid year. The regional Stoxx 600 index was up 0.18% shortly after the open, with all sectors in the green except oil and gas, which slipped 0.2%. Thin trade is expected, while London markets close early. The blue-chip … Read more

Global stocks search for new highs

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 13, 2023. Staff | Reuters LONDON — European stocks were little changed on Thursday as global markets search for new record highs to close out the year. The pan-European Stoxx 600 index hovered around the flatline after an … Read more

Stock Markets: Inflation mission accomplished?

A customer shops for milk at a grocery store on December 12, 2023 in San Anselmo, California.  Justin Sullivan | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more