European markets have opened in the green today, as tensions over the Ukraine crisis eased after Russia announced an end to its military drills on the Ukrainian border. Closer home, market participants await the CB leading economic index, Lloyds employment confidence and BRC retail sales monitor data, slated for release later today. Amid a light […]
European markets have opened in negative territory today, as geopolitical tensions escalated after the US President, Barack Obama, authorised the US military to conduct targeted air strikes in Iraq. Closer home, traders will eye trade balance and construction output data due later today for further direction. Meanwhile, data indicated that the German trade surplus narrowed […]
European markets have opened in the red today, amid rising tensions over the Ukraine crisis. Late yesterday, the Russian President, Vladimir Putin, imposed sanctions on the European Union and the US in response to the sanctions imposed by them on Russia. Closer home, traders keenly await the Bank of England’s decision on interest rates and […]
European markets have opened sharply in negative territory today, tracking losses in Asian and US equity markets, triggered by reports indicating that Russia expanded its military base on the eastern Ukraine border and as the Russian President, Vladimir Putin, sought measures to retaliate to EU and US sanctions. Closer home, data from Halifax indicated that […]
European markets have opened in the green today, shrugging off weak Asian cues and embracing some upbeat earnings updates from Bayerische Motoren Werke AG and other blue-chip European companies. Meanwhile, the NIESR indicated that it expects the UK economy to grow 3% in 2014, an upward revision from the previous growth estimate of 2.9%. Later […]
European markets have opened in the green today, rebounding from heavy losses registered last week, amid news that Portugal’s central bank has agreed to rescue the nation’s largest listed bank, Banco Espirito Santo SA. However, lingering geopolitical tensions in Gaza and Ukraine are expected to keep investors on their toes. Closer home, traders await UK […]
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European markets have opened in the red as a broad overnight sell-off on Wall Street continued to weigh on investors’ sentiment. Closer home, market participants will eye today’s Markit manufacturing Purchasing Managers’ Index (PMI) which is widely expected to show a marginal decline in July. Additionally, traders keenly await US non-farm payrolls data which is […]
European markets have opened mostly higher today. Traders await a raft of European economic releases and corporate earnings updates due later today. Closer home, GfK reported that consumer confidence in the UK deteriorated in July while a Bank of England policymaker, Ben Broadbent, highlighted the possibility for an earlier-than-expected interest rate hike. Later today, Eurozone […]
European markets have opened in the red today, as traders refrained from taking riskier bets following the European Union (EU) and the US decision to impose fresh sanctions against Russia. Closer home, traders will eye UK GfK consumer confidence and Lloyds business barometer due later today. However, the main focus will be on the US […]
European markets have opened higher today. Traders look ahead to a slew of earnings updates from some major European companies and the commencement of a two-day US Federal Reserve policy meeting later in the day. Closer home, investors will keep a tab on mortgage approvals and M4 money supply data slated for release later today. […]
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European markets have opened in positive territory today, as strong Chinese industrial profits data boosted investors’ sentiment. However, market participants remain alert to developments in Gaza and Ukraine. Amid a lack of major domestic economic releases today, traders will keep a tab on US pending home sales and the Dallas Federal Reserve’s manufacturing business index […]
European markets have opened mostly in the red today, amid lingering geopolitical tensions in Ukraine and Gaza, and after the International Monetary Fund’s (IMF) decision to lower its 2014 global economic growth estimate yesterday. Later today, traders will keenly eye UK Gross Domestic Product data which is expected to show that the UK economy expanded […]
European markets have opened mostly in negative territory today, as investors took a breather after two days of gains, amid lingering geopolitical tensions in Gaza and Ukraine. Closer home, market participants keenly await UK retail sales data which is expected to show a rebound on a monthly basis in June. Additionally, traders will track Markit […]
European markets have opened lower today, reversing some of their gains posted in the previous session, amid ongoing geopolitical concerns in Ukraine and the Middle East. Later today, the minutes of the Bank of England’s latest monetary policy meeting and UK mortgage approvals data for June will be on investors’ radar. Additionally, traders will closely […]
European markets have opened in the green today, as tensions in Ukraine eased after rebels handed over black boxes of the crashed airplane to investigators. Additionally, investors took heart from the visit of US Secretary of State and United Nations Chief in Cairo aimed at establishing a ceasefire between Israel and Palestine. Closer home, traders […]
European markets have opened in negative territory today, as traders continued to mull over the situation in the Gaza strip and Ukraine. Closer home, Rightmove has reported that house prices in the UK dropped in July. With no major domestic economic data due later today, market participants await the release of the minutes of the […]
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European markets have opened in the red today, extending the previous session losses triggered by news that a Malaysian air-plane was shot down in eastern Ukraine. With no major domestic economic releases today, traders will monitor updates from the Russia-Ukraine region and the Gaza strip where Israel launched a ground invasion last night. Meanwhile, Eurozone […]
European markets have opened lower today, as traders took a breather after yesterday’s gains. Meanwhile, the US and the European Union unveiled fresh sanctions against Russia yesterday. With no major domestic economic releases today, market participants will focus on the final Eurozone consumer inflation data due later in the day. Additionally, a slew of US […]
European markets have opened in positive territory today, as traders cheered better-than-expected Chinese second-quarter GDP data. Closer home, market participants await UK ILO unemployment and claimant count data which are expected to show an improvement in UK labour market conditions. Additionally, traders will closely track the Federal Reserve chief, Janet Yellen’s second-day testimony and Eurozone […]
European markets have opened mostly lower today, ahead of the US Federal Reserve Bank chief, Janet Yellen’s semi-annual testimony before the US Senate committee due later today. Closer home, traders await UK’s consumer prices data due later today which is expected to show that inflation ticked up marginally in June. Additionally, market participants will keep […]
European markets have opened higher today, amid easing tensions over the financial health of a major Portuguese bank and ahead of the Euro-zone industrial production data for May. Closer home, market participants await the BRC retail sales data which is widely expected to show that like-for-like retail sales rose at a faster pace in June. […]
European markets have opened higher today, reversing some of its previous session losses triggered by tensions over the financial health of a major Portuguese bank. Later today, market participants await UK construction output data which is expected to show that construction activity increased at a faster pace in May. Meanwhile, the CB leading economic index […]
European markets have opened in negative territory today, ignoring positive leads from Wall Street. Yesterday, the minutes from the US Federal Reserve’s latest policy meeting hinted that policymakers were in no rush to raise interest rates. Closer home, data from the Royal Institution of Chartered Surveyors indicated that house price growth in the UK eased […]
European markets have opened mostly in the green today, reversing some losses from yesterday’s trading session. Closer home, data from the British Retail Consortium indicated that shop prices in the UK dropped at a faster pace in June while Halifax reported that house prices in the UK declined in June. Later today, traders will focus […]
European markets have opened slightly higher today, after losses in the previous session. Investors await the start of US earnings season with Alcoa reporting second-quarter results after the regular market close. Closer home, the quarterly economic survey from the British Chambers of Commerce indicated that the UK economy is still strong and moving in the […]
European markets have opened in negative territory today, following disappointing industrial production data from Germany. Additionally, the International Monetary Fund (IMF) chief, Christine Lagarde, hinted over the weekend that the IMF might lower its global economic growth forecast. With no major domestic economic releases today, traders will focus on Eurozone Sentix investor confidence data which […]
European markets have opened marginally lower today in a subdued trading session on account of an Independence Day holiday in the US. With no major economic releases in the US or the Eurozone today, traders await a slew of economic releases next week for further direction. Related Posts:Market continues to price in a plethora of […]
