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European Shares

All articles tagged with #european shares

European Shares Steady Ahead of ECB and US Inflation Data

Originally Published 4 months ago — by Reuters

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Source: Reuters

European stocks edged higher as investors awaited the ECB's interest rate decision and US inflation data, with sectors like defense and banking showing gains amid geopolitical tensions and economic concerns, while companies like Kering and Covestro moved on specific corporate news.

European Markets Rise on Ukraine Peace Hopes and Oil Decline

Originally Published 4 months ago — by Reuters

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Source: Reuters

European stocks opened higher and oil prices declined amid positive diplomatic signals between Russia and Ukraine, while traders await the Fed's Jackson Hole symposium for policy guidance, with markets cautious ahead of key speeches and geopolitical events.

European stocks decline amid tariff concerns and U.S. economic data

Originally Published 6 months ago — by Reuters

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Source: Reuters

European shares declined due to losses in banking and mining sectors amid ongoing trade negotiations between the U.S. and its trading partners, with focus on upcoming tariff decisions and trade deal negotiations, while some sectors like healthcare and luxury goods showed resilience.

European Markets Drop Amid Tech Slump and Political Uncertainty

Originally Published 1 year ago — by Investing.com

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Source: Investing.com

European shares fell for the third straight session, led by a 6.4% drop in ASML after a weak sales forecast and concerns over potential strict U.S. trade rules affecting semiconductor technology access to China. The pan-European index dropped 0.5%, with the technology sub-index down 2.6%. Inflation data and earnings updates also influenced market sentiment.

Debt ceiling talks boost USD and European markets, while NZD and JPY show contrasting strength.

Originally Published 2 years ago — by Reuters

Featured image for Debt ceiling talks boost USD and European markets, while NZD and JPY show contrasting strength.
Source: Reuters

European shares are expected to rally as optimism grows that a U.S. debt ceiling deal could be reached soon. President Joe Biden and top congressional Republican Kevin McCarthy have agreed to negotiate a deal directly, with Biden cutting short an Asia trip to return to talks on Sunday. The U.S. Treasury general account is draining fast as extraordinary measures are exhausted, pending a debt ceiling deal to raise the limit. The European data cupboard is largely bare today, meaning the next macro focal point will be a smattering of U.S. indicators. China's post-COVID recovery is already past its peak, as exports grew at the weakest pace in more than two years in April.