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European Markets

All articles tagged with #european markets

European stocks drift lower as Zelensky's Davos address dominates
markets1 month ago

European stocks drift lower as Zelensky's Davos address dominates

European stocks are set to open modestly lower as investors digest Zelenskyy's Davos remarks and ongoing geopolitical tensions, while Trump discusses a Greenland framework and hints at a broader peace-board strategy; Ericsson announced a 15 billion krona buyback and Ubisoft warned of large losses amid restructuring, as markets await a Supreme Court ruling on Fed Governor Lisa Cook.

European Markets Reach New Highs Amid Pharma Gains and Economic Growth
business2 months ago

European Markets Reach New Highs Amid Pharma Gains and Economic Growth

European markets closed mixed with Novo Nordisk shares jumping 9.2% after FDA approval for a GLP-1 pill, while Sanofi announced a $2.2 billion acquisition. Gold and silver futures hit new highs, and U.S. visa bans were imposed on EU officials involved in social media censorship. Asia-Pacific markets traded mostly higher, and U.S. futures remained flat despite record closes for the S&P 500.

European and Asian Markets React to Nvidia Earnings and US Stock Movements
business6 months ago

European and Asian Markets React to Nvidia Earnings and US Stock Movements

European stock markets opened higher amid positive earnings from Nvidia, despite some declines like Drax's 11% drop due to regulatory probes. Nvidia's strong sales growth signals AI sector resilience, while European auto data shows significant growth in EV registrations, especially from Chinese manufacturers like BYD. Drax's investigation and upcoming economic data are key points to watch.

French Stocks Drop Amid Political Uncertainty and Debt Concerns
world6 months ago

French Stocks Drop Amid Political Uncertainty and Debt Concerns

French stocks declined sharply amid political uncertainty as opposition parties refused to support a confidence vote in Prime Minister Bayrou's government, raising concerns about a potential collapse. This instability, coupled with global market reactions to U.S. Federal Reserve tensions and corporate news like Puma's stock movements, contributed to a volatile European market environment.

Asian Currencies Slide and Stocks Remain Muted Amid US Tariff Threats
world7 months ago

Asian Currencies Slide and Stocks Remain Muted Amid US Tariff Threats

Global stocks remained steady or slightly up amid cautious optimism over trade negotiations following US tariff threats, with markets reacting less severely than expected and some regions, like Europe and Asia, showing signs of resilience. The US announced higher tariffs on Japan and South Korea, but markets are hopeful for a preliminary trade deal before the August 1 deadline, while the yen and other currencies showed mixed responses.

Global Markets Dip as U.S. Trade Tensions Persist
finance8 months ago

Global Markets Dip as U.S. Trade Tensions Persist

Markets showed little reaction to the US's threatened tariff hike on steel and aluminum, with investors expecting Trump to back down, while geopolitical tensions with China and Europe remain unresolved. Federal Reserve officials indicated potential for interest rate cuts later this year amid trade-related risks, and key economic data and speeches are scheduled to influence markets today.

ECB and Swiss Central Banks Poised for Key Rate Cuts Amid Economic Challenges
finance1 year ago

ECB and Swiss Central Banks Poised for Key Rate Cuts Amid Economic Challenges

European markets saw slight declines as investors awaited the European Central Bank's (ECB) final monetary policy decision of the year, with expectations of a 25-basis-point rate cut. The Swiss National Bank surprised with a 50-basis-point cut amid inflation challenges and a strong franc. Meanwhile, U.S. inflation data aligned with forecasts, and traders anticipate a Federal Reserve rate cut next week. Brunello Cucinelli shares rose despite a retail sector slump, while Inditex shares fell following disappointing results.

European Markets Dip Amid Waning China Optimism and US CPI Focus
finance1 year ago

European Markets Dip Amid Waning China Optimism and US CPI Focus

European markets fell on Tuesday as investors awaited the U.S. inflation report, with the Stoxx 600 down 0.3% and basic resources stocks leading losses. Stellantis announced a joint venture with CATL to build a battery factory in Spain, while TeamViewer shares dropped after announcing its acquisition of 1E. Allianz raised its financial targets, aiming for higher earnings per share and return on equity. Germany confirmed a 2.4% inflation rate for November, and China's import data showed a slowdown.