European markets react to Fed, inflation data

European markets react to Fed, inflation data

A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange in New York City, U.S., June 12, 2024.  Brendan Mcdermid | Reuters LONDON — European stocks closed lower Thursday as regional investors reacted to … Read more

European markets watch Fed decision, U.S. inflation data

European markets watch Fed decision, U.S. inflation data

Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City.  Michael M. Santiago | Getty Images LONDON — European stocks were higher Wednesday ahead of the latest U.S. Federal Reserve decision and inflation reading. The pan-European Stoxx 600 was 0.53% higher at 9:11 … Read more

stocks, news, data and earnings

stocks, news, data and earnings

LONDON — European stocks fell on Tuesday as investors looked ahead to the Federal Reserve’s next meeting and U.S. inflation data. The Stoxx 600 index closed down 0.9%, paring slight gains earlier in the session. All sectors and major bourses closed in the red, with banks leading losses, down 2.17%. British computing startup Raspberry Pi closed … Read more

CAC 40 down 1.8% after Macron calls snap election

CAC 40 down 1.8% after Macron calls snap election

An employee enters sliding doors decorated with the stars of the European Union (EU) flag at the Berlaymont building, headquarters of the European Commission (EC), in Brussels, Belgium, on Tuesday, Jan. 28, 2020. It took 32 months, two prime ministers, and nearly 30 votes in Parliament to extricate Britain from the European Union and the … Read more

U.S. jobs report, ECB commentary

U.S. jobs report, ECB commentary

Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023.  Nathan Laine | Bloomberg | Getty Images LONDON — European stocks closed lower on Friday, as investors digested fresh U.S. jobs data and the European Central Bank’s latest interest rate commentary. The Stoxx 600 provisionally … Read more

ECB interest rate decision watched closely

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

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

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’

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

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