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
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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 Patrick Graham LONDON (Reuters) – Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China’s economy, but the euro slipped on more concern about Greece’s finances. In Europe, a rally in technology shares, tracking Friday’s surge in the U.S. tech sector, helped equities bounce back from losses last week, Read More
European equities closed mixed on Friday, after fresh jobs data from the U.S. beat market expectations. The pan-European FTSEurofirst 300 (FTSE International: .FTEU3) ended slightly higher on the day and posted its fifth weekly gain in a row, according to Thomson Reuters. European stocks pared gains after the U.S. employment report, following a similar trend Read More
Investors need to be cautious on rotating into European equities, according to the CEO of an independent asset management group, who urged people not to get carried away with one of the main investment stories of the year so far. “It’s fascinating: everybody is moving from the U.S. into Europe,” Alexander Friedman, CEO of Swiss-based Read More
Happy Friday the 13th! Let’s cut to the chase: here are three things you need to know ahead of the last trading day of the week. Superstition be damned, today is all about hope over experience in Europe where the German DAX (^GDAXI) hit record highs and punched over 11,000 for the first time ever. Read More