European shares finished lower Tuesday, amid investor caution over a European Central Bank (ECB) meeting this week and the official start of the first-quarter earnings season. The pan-European Euro Stoxx 600 Index (^STOXX) closed around 0.5 percent lower, with most major bourses and sectors trading in negative territory. Shares of Alcatel-Lucent (Euronext Paris: ALU-FR) surged Read More
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European equities closed mixed on Monday, as investors paused for breath after stellar gains last week. The pan-European Euro Stoxx 600 Index (^STOXX) finished slightly higher, with country and sector indexes flipping between positive and negative territory throughout the session. Mining stocks (STOXX:.SXPP) – with their heavy exposure to China – were the major underperformer, Read More
By Tom Pfeiffer LONDON (Reuters) – European industry is signalling a more sustained recovery this year thanks to lower energy prices, a weak euro and monetary stimulus, the head of Europe’s biggest chemicals distributor Brenntag AG (BNRGn.DE) said. Central bankers have pushed interest rates to record lows to kick-start consumer demand and get companies investing Read More
By Lisa Twaronite TOKYO (Reuters) – A rally in China’s stock markets to seven year highs on Monday kept an index of Asian shares near its highest level since September, as weak Chinese trade data hardened expectations for more economic stimulus measures from Beijing. The Chinese markets’ bull run has been fuelled by speculative buying Read More
Nearly three months since the announcement of a trillion-euro (Unknown: EURBA=) bond-buying spree by the European Central Bank (ECB), the effects of the massive program continue to grip markets. Bond yields in the currency bloc remain on a downtrend as demand from the central bank continues to drive up prices. Yields fall when prices rise. Read More
By Lisa Twaronite TOKYO (Reuters) – Asian shares got off to a shaky start on Monday as recent rallies offered traders a profit-taking opportunity, while the dollar edged away from recent peaks in early trading. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was down about 0.1 percent after touching its highest levels since Read More
By David Gaffen and Richard Leong NEW YORK (Reuters) – World equity markets tested record highs on Friday on hopes of more stimulus from top central banks, while the dollar strengthened on favourable government debt yields compared to those of most other developed countries. Wall Street scored solid gains after U.S. conglomerate General Electric Co. Read More
By David Gaffen and Richard Leong NEW YORK (Reuters) – World equity markets tested record highs on Friday on hopes of more stimulus from top central banks, while the dollar strengthened on favourable government debt yields compared to those of most other developed countries. Wall Street scored solid gains after U.S. conglomerate General Electric Co. Read More
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
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