European equities were sharply lower on Thursday following a sell-off in the U.S. Wednesday and a lackluster lead from Asia. The pan-European Euro Stoxx 600 Index (STOXX: .STOXX) was lower with major bourses like the German DAX (XETRA: .GDAXI) posting heavy losses. Concerns over escalating political chaos in Yemen are weighing on market sentiment. Oil Read More
March 2015
By Nigel Stephenson LONDON (Reuters) – Crude prices rose as much as 6 percent on Thursday after Saudi Arabia and its allies launched air strikes on Yemen, pushing shares lower in Europe, the Middle East and Asia and lifting oil producers’ currencies. The military operations, including air strikes, targeted Iran-backed Houthi rebels besieging the southern Read More
European equities finished around 1 percent lower on average on Wednesday, down from multi-year highs, despite better-than-expected data from Germany. The pan-European FTSEurofirst 300 (FTSE International: .FTSE) provisionally ended around 1 percent lowerm as European technology stocks slipped, mimicking a similar downturn on Wall Street. Notably, ARM (London Stock Exchange: ARM-GB), which makes chips for Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks stalled on Wednesday following declines on Wall Street, while the dollar held on to modest gains after a rise in U.S. inflation. Spreadbetters forecast a slightly lower open for Britain’s FTSE <.FTSE>, Germany’s DAX <.GDAXI> and France’s CAC <.FCHI>. European shares ended the previous session at their Read More
European equities rose from session lows on Tuesday, as investors reacted to fresh economic data from the euro zone. The pan-European Euro Stoxx 600 index (^STOXX) was higher, having starting the session lower. Shares of Airbus (Euronext Paris: AIR-FR) fell up to 2 percent on Tuesday after an A320 passenger plane had crashed in the Read More
By Lisa Twaronite TOKYO (Reuters) – Most Asian share markets were set to end a volatile session with modest gains on Tuesday, after a measure of Chinese factory activity dented sentiment by unexpectedly dropping to an 11-month low. Financial spreadbetters expected softer openings for European bourses, with Britain’s FTSE 100 <.FTSE> seen opening 15 to Read More
By Lisa Twaronite TOKYO (Reuters) – Asian shares started the week on a strong note on Monday after a weaker U.S. dollar helped fuel gains on Wall Street. The greenback remained under pressure in Asian trading, with the dollar index <.DXY> edging down about 0.1 percent to 97.828, moving away from recent 12-year highs and Read More
By Sudip Kar-Gupta LONDON (Reuters) – Britain’s top share index hit record highs on Friday, moving above 7,000 points for the first time in its history. The blue-chip FTSE 100 index (.FTSE) rose 0.8 percent to 7,017.42 points going into the close of the trading session, led by cement firm CRH (CRH.L), which surged on Read More
LONDON (Reuters) – Britain’s top share index hit new record highs on Friday, with the index rising above the 7,000 point level for the first time in its history. The blue-chip FTSE 100 index (.FTSE) rose as much as 0.7 percent to a record high of 7,013.83 points going into the close of the trading Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> edged down 0.1 percent after rallying 1.3 percent the previous day. But it Read More