By Jonathan Cable LONDON (Reuters) – The European Central Bank was “about right” in claiming its trillion-euro quantitative easing programme was having a positive impact before it had even begun, according to three quarters of economists polled by Reuters this week. Minutes from the Governing Council’s March meeting showed members “generally shared the assessment” that Read More
Author: Dax Futures
European equities closed higher on Thursday, as investors reacted to fresh economic data and auto stocks posted strong gains. The pan-European Euro Stoxx 600 Index (^STOXX) closed over 1 percent higher as new figures late Wednesday showed impressive gains in auto sales for the European market. This helped major car manufacturers post gains on Thursday. Read More
When it comes to stocks, America is the big loser this year. The S&P 500 (^GSPC) is up just 1.6 percent through Thursday’s close, making it the worst among major market indexes for 2015. In Asia, India’s BSE Sensex is up 5 percent, Japan’s Nikkei (CBOE:.NKXQ) has risen 14 percent and Hong Kong’s Hang Seng Read More
By Jamie McGeever LONDON (Reuters) – World stocks marched higher again on Thursday, drawing support from European auto sales and German trade data, while expectations that the first U.S. interest rate increase will come in the latter part of the year continue to grow. Investors also breathed a sigh of relief as Greece confirmed it Read More
By Lisa Twaronite and Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose on Thursday, extending the previous session’s gains, while the dollar drew support from minutes of the Federal Reserve’s last meeting showing the U.S. central bank was still on course to hike interest rates this year. MSCI’s broadest index of Asia-Pacific shares outside Japan Read More
Wall Street (^GSPC) is in “wait and see” mode at midday ahead of this afternoon’s release of the minutes from the latest Federal Reserve meeting and the start of first-quarter earnings season. New York Stock Exchange floor trader Keith Bliss of Cuttone & Co. tells Yahoo Finance the doom and gloom scenarios being painted ahead Read More
European equities closed mostly lower on Wednesday, despite a surge in energy stocks after Royal Dutch Shell (London Stock Exchange: RDSA-GB) launched a bid for U.K.-listed BG Group (London Stock Exchange: BG.-GB). The pan-European FTSEurofirst 300 (FTSE International: .FTEU3) closed flat, having touched an eight year-high earlier in the session after oil and gas firms Read More
By Lionel Laurent and Francesco Canepa LONDON (Reuters) – Royal Dutch Shell’s $ 70 billion (47 billion pounds) bid for energy firm BG Group lifted Britain’s top share index on Wednesday, helping it outperform its continental peers. The FTSE 100 <.FTSE> was up 0.5 percent at 6,998.71 points by 1103 GMT, while Germany’s DAX <.GDAXI> Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose on Tuesday, following a positive lead from Wall Street, while the dollar held onto its gains after rebounding against the euro and yen on higher U.S. Treasury yields. Spreadbetters saw the upward momentum for equities continuing into Europe, forecasting a higher open for Britain’s FTSE <.FTSE>, Read More
European markets seesawed on Thursday to close mixed as investors focused on U.S. economic data and positioned themselves ahead of the long Easter weekend. The pan-European Euro Stoxx 600 Index (^STOXX) wobbled around the flatline in afternoon trading before provisionally closing 0.3 percent lower. London’sFTSE (FTSE International: .FTSE)closed around 0.1 percent higher, the French CAC Read More