European markets have opened mixed today, ahead of monetary policy statements from the European Central Bank and the Bank of England due later in the day. Both central banks are expected to leave monetary policies unchanged, but the ECB might remind markets that it could ease monetary policy further if inflation stays too low or […]
European markets have opened almost flat today, as investors awaited the minutes of the US Federal Reserve’s last month policy meeting to get additional hints on their future policy stand. Closer home, investors await the release of the Bank of England (BoE) monetary-policy statement, due tomorrow, and the release of the BoE UK credit condition […]
European markets have opened mostly higher today, as investors grew optimistic after data suggested improvement in the performance of UK businesses and an increase in German retail sales. Further, the confirmation of dovish Janet Yellen as the next Fed Chairman also buoyed market sentiment. Closer home, the British Chambers of Commerce (BCC), in its quarterly […]
European markets have opened lower today, tracking losses in Asian markets, after a private report indicated a slowdown in China’s service-sector activity growth in December. Closer home, investors would keep a close eye on economic data which might show that the nation’s services PMI remained unchanged at 60.0 in December from the previous month. Earlier, […]
European markets have opened mixed today, ahead of a number of speeches from US Federal Reserve officials and after data indicated a slowdown in China’s non-manufacturing sector growth. Closer home, the Nationwide Building Society reported that housing prices in the UK increased 1.4% MoM in December, compared to a revised 0.7% rise in the previous […]
European markets have opened slightly higher today, as investors awaited in anticipation the release of manufacturing PMI data from the Eurozone and several European countries, due later in the day. However, a disappointing reading of China’s manufacturing activity indices kept the gains in check. Closer home, investors eyed UK manufacturing PMI, which is widely expected […]
European markets have opened slightly higher today, as markets struggled for direction amid thin trading volume, as investors braced themselves for the final countdown to the New Year. Markets in Germany were closed while those in London, Paris and Brussels will close around midday. With no release of major domestic economic data during the day, […]
European markets have opened marginally higher today, consolidating their two weeks of strong gains. However, trading volumes remained thin ahead of the upcoming New Year’s holiday. Meanwhile, at a debt auction today, Italy aims to raise about €5.5 billion through the sale of bonds maturing in 2018 and 2024. Related Posts:Can Q1 earnings season refuel […]
European markets have opened higher today, taking cues from overnight gains on the Wall Street and a healthy performance by the Asian markets today. However, thin trading volume was witnessed in light of the post two-day Christmas break. Meanwhile, at a debt auction today, Italy aims to raise about €11 billion through the sale of […]
European markets have opened slightly higher today, amid persisting optimism about the US economy and following some liquidity operations by the Chinese central bank. However, gains were muted in thin trading ahead of the Christmas break. Meanwhile, economists expect the UK mortgage approvals to gain to 44.50K in November from 42.81K reported in the previous […]
European markets have opened higher today, building on their Friday’s good show and tracking today’s gains across Asian markets. Investors also increased their exposure to equities after the IMF upgraded its outlook for the US economy. Meanwhile, economists expect the US personal spending and income to gain 0.4% and 0.5% respectively in November. Related Posts:Can […]
European markets have opened higher today, as investors continued to cheer the US Federal Reserve’s move to modestly cut its stimulus and maintain the near-zero interest rates. However, investors would be tempted to take profits following sharp gains in the previous session. Closer home, the latest survey from GFK revealed that the nation’s consumer confidence […]
European markets have opened higher today, mirroring sharp gains on Wall Street, after the US Federal Reserve decided to modestly trim the pace of its monthly asset purchases and vowed to keep interest rates low. Meanwhile, European Union Finance Ministers have struck a deal on a much-awaited scheme to handle bank failures in the Eurozone, […]
European markets have opened higher today, before the US Federal Reserve concludes its two-day policy meeting. However, traders also remained focussed on the German IFO survey, Bank of England’s December meeting minutes and the UK monthly unemployment figures due today to gauge the market direction. Closer home, speculation that the Bank of England (BoE) would […]
European markets have opened lower today, as investors avoided taking strong bets ahead of a policy meeting at which the US Federal Reserve would decide the timing of possible reduction in its stimulus measures. Closer home, investors eyed November inflation data, due today, to gauge the market direction. Related Posts:Can Q1 earnings season refuel the […]
European markets have opened lower today, amid intensifying concerns that the US Federal Reserve could signal the start of a reduction in its stimulus programme at its policy-setting meeting this week. Adding to the negative sentiment, a preliminary private survey showed that Chinese manufacturing activity expanded at its slowest rate in three months in December. […]
European markets have opened mostly lower today, amid persisting concerns that the US Federal Reserve might wind down its support for the economy. However, the downside might be capped following three days of losses. Closer home, a survey conducted by Markit Economics and Knight Frank revealed that the UK headline house price sentiment index rose […]
European markets have opened lower today, mirroring losses on Wall Street and in Asian markets, as the possibility of a wind-down of US Federal Reserve stimulus intensified after US lawmakers reached a provisional budget deal. Market also reacted to news that the White House is considering nominating less dovish former Bank of Israel Governor Stanley […]
European markets have opened mixed today, amid uncertainty over the US Federal Reserve’s tapering timeline. Meanwhile, US lawmakers reached a deal to reduce automatic spending cuts and provide $23 billion in deficit reduction spread over two years. With no release of major domestic economic data during the day, investors would keep a close eye on […]
European markets have opened lower today, amid lingering uncertainty over how soon the US Federal Reserve would start to scale back its $85-billion-per-month stimulus programme. Meanwhile, investors also digested a raft of Japanese and Chinese data. Closer home, a survey by the RICS revealed that UK house prices hit a 14-year high in November. Later, […]
European markets have opened mostly higher today, as upbeat economic data out of the US and China boosted investor optimism about the global economy. Closer home, investors await a speech by Bank of England Governor, Mark Carney, due later in the day, to get additional clues on the UK central bank’s policy outlook. Related Posts:Behind […]
European markets have opened higher today, following four successive sessions of losses, as investors look ahead to the US nonfarm payrolls data, to get additional clues on the outlook for the US Federal Reserve’s stimulus programme. Meanwhile, Halifax reported that house prices in the UK grew 1.1% MoM in November, compared to a revised rise […]
European markets have opened lower today, as investors cautiously await the outcome of the European Central Bank (ECB) and the Bank of England (BoE) policy meetings due later in the day. Closer home, investors would keep a close eye on the release of the UK government’s Autumn Statement. Investors also eagerly await US reports on […]
European markets have opened higher today, rebounding from yesterday’s sharp losses following renewed US stimulus cut fears. Investors await the release of US economic data, later in the week, to get further clues about the timing of a reduction in the US Federal Reserve’s bond-buying programme. Closer home, the British Retail Consortium (BRC) reported that, […]
FTSE100 weakened during the morning as Miners mirrored steep falls in commodities prices on Monday. Gold fell to a 5 month low during trading on monday and although commodities prices are now broadly firmer miners are still out of favour with investors as many await risk events later in the week, the latest US jobs […]
European markets have opened lower today, tracking losses on Wall Street and in Asian markets, as positive US economic data reignited speculation that the US Federal Reserve would start trimming its stimulus measures sooner than expected. Meanwhile, the British Retail Consortium reported that UK retail sales increased 2.3% YoY in value terms in November, following […]
European markets have opened mostly higher today, ahead of a number of key economic releases this week, which would provide further clues on the health of the world economy and the outlook for monetary stimulus from central banks in the US and Europe. Data indicating steady Chinese factory growth provided some support to stocks. Meanwhile, […]
European markets have opened lower today, following weak German retail sales reading for October. Investors would eye the Eurozone consumer price inflation data due today to gauge the European Central Bank (ECB) policy outlook. Closer home, data from mortgage lender Nationwide showed that UK house prices rose at their fastest rate in more than three […]
European markets have opened higher today, amid optimism over the coalition deal in Germany yesterday. Investors would watch economic data from the Eurozone, Germany and Italy due today to gauge the market direction. Trading volume is expected to remain subdued due to a US holiday. Closer home, all eyes would be on the Bank of […]
European markets have opened higher today, as investors cheered the deal on forming a coalition between Germany’s Chancellor Angela Merkel’s conservatives and the Social Democrats. Closer home, the UK third-quarter GDP, government spending and total business investment and CBI survey of retail sales data later today, would be on investors’ radar, to gauge the strength […]
