European markets have opened higher today, tracking gains in Asian markets, after data showed that China’s economy expanded slightly more than expected in the first quarter of 2014. Meanwhile, traders continue to track developments in Ukraine. Closer home, market participants will keep an eye on the nation’s labour market data which is expected to show […]
Equities in Europe erase opening gains to trade firmly in the red, shaking off the rebound on Wall Street and Asian markets overnight. Better earnings out Citigroup and healthy US retail sales data helped to distract investors from persistent worries over bloated tech valuations over in the states. Here in Europe, markets are showing apprehension […]
European markets have opened lower today, extending Friday’s sell-off, amid renewed political tensions in Ukraine. Earlier, data from Rightmove indicated that house prices in the UK rose to a new record high for a second straight month in April. Later, Eurozone industrial production and US retail sales data will attract market attention. Related Posts:GBP/USD. Analysis […]
Tech selloff returns overnight on Wall Street with the Nasdaq dropping 3.1% for its worst day since November 2011 amid ongoing concerns over stretched valuations in the sector. The S&P500 meanwhile lost 2.1%; stock markets in Asia suffered sharp losses too with the Japanese Nikkei 225 falling to a six-month low — that’s put press […]
European markets have opened higher today, after the minutes of the US Federal Reserve’s latest policy meeting eased worries about an early interest rate hike in the US. Closer home, investors will keep an eye on the Bank of England’s monetary policy meeting due later today. Earlier, data from the Royal Institution of Chartered Surveyors […]
Wall Street’s rally Tuesday inspired most Asian bourses overnight, lifting European equities early Wednesday. US stocks rebounded in the previous session following three-consecutive days of losses — the S&P500 rose 0.4% to snap its three-day losing streak and more encouragingly, the tech-heavy Nasdaq index gained 0.8% after the index took a beating amid panic in […]
European equities pare early session gains to trade lower Tuesday, pressured by fresh geopolitical drama together with declines on Wall Street overnight where tech stocks continued their descent amid worries about inflated valuations — Amazon, Facebook, Twitter and LinkedIn all registered fat losses. European tech shares fell sharply in the previous session as the declines […]
European markets have opened lower today, tracking losses in US markets on Friday. Closer home, investors keep an eye on Lloyds’ employment confidence data for March due later today. Market participants also await data from Sentix GmbH which is expected to show that the Eurozone investor confidence index rose to 14.2 in April from 13.9 […]
European markets have opened higher today, as traders await US non-farm payrolls data which is widely expected to show that US job growth accelerated in March. Closer home, data from Halifax indicated that on a seasonally adjusted monthly basis, house prices in the UK dropped 1.1% in March, compared to a revised 2.5% rise in […]
European markets have opened mostly unchanged today, as investors look ahead to the European Central Bank’s interest rate decision later today. Meanwhile, the IMF Managing Director Christine Lagarde has asked the ECB to ease monetary policy further to combat cooling inflation. Closer home, investors await economic data which is expected to show that the nation’s […]
European markets have opened higher today, in line with overnight gains on Wall Street, after data showed an improvement in the US manufacturing activity. Later today, ADP’s US private-sector employment report will garner market attention. Closer home, data from Nationwide indicated that UK house prices increased at the fastest annual pace since May 2010 in […]
European markets have opened higher today, extending their previous week’s gains, amid growing speculations that the ECB and China would announce further stimulus measures. Later, investors will keep a close eye on manufacturing data out of the euro zone, UK and US. Related Posts:GBP/USD. Analysis for April 8th. The pound remains expensive… April 8, 2024 […]
European markets have opened higher today, extending their previous week’s gains, amid growing speculations that the ECB and China would announce further stimulus measures. Later, investors will keep a close eye on Eurozone’s consumer prices data. Closer home, Hometrack reported that UK house prices rose 0.6% MoM in March, compared to a 0.7% increase in […]
European markets have opened higher today, amid heightened speculation of additional monetary stimulus in China. Closer home, investors will watch economic data which is expected to reveal that the nation’s gross domestic product rose 0.7% QoQ in the fourth quarter of 2014, compared to a growth of 0.8% in the previous quarter. Earlier, a survey […]
European markets have opened lower today, tracking overnight losses on Wall Street and as geopolitical tensions over Ukraine escalated after US President Barack Obama warned of deeper sanctions against Russia. Closer home, investors will eye economic data which is widely expected to show that the nation’s annual retail sales increased 2.5% in February, compared to […]
European markets have opened higher today, extending their previous session gains, amid speculation that the ECB and the People’s Bank of China will provide additional stimulus measures to support economic growth. With no release of major domestic macroeconomic data, market participants would keep a close eye on US durable goods orders data to gauge further […]
European markets have opened higher today, rebounding from their previous session losses. Market participants await a slew of economic data across Europe and the US to gauge market direction. Closer to home, investors would focus on the release of UK inflation data due today which is expected to show that the nation’s consumer prices rose […]
European markets have opened in the red today, tracking Friday’s losses on Wall Street and after preliminary data indicated that China’s manufacturing activity dropped for a fifth consecutive month in March. With no release of major domestic economic data during the day, investors would eye Eurozone and US manufacturing PMI data for further cues. Related […]
European markets have opened higher today, mirroring gains in US and Asian markets. Meanwhile, the US extended sanctions against Russia and Fitch Ratings cut its outlook on the country, shifting market focus to news flows emanating from Russia. Closer home, traders will keep a close eye on UK public sector net borrowings figures due later […]
European markets have opened lower today, tracking losses on Wall Street and Asian markets, after the US Federal Reserve decided to continue scaling back its bond buying programme and indicated that interest rates could rise sooner than expected. Closer home, investors will focus on the Confederation of British Industry’s industrial trends survey for selling prices […]
European markets have opened mixed today, ahead of the outcome of Janet Yellen’s first monetary policy meeting as chairperson of the US Federal Reserve due later today wherein the central bank is expected to further scale back its monthly bond purchases programme. Closer home, the Bank of England is set to publish minutes of its […]
European markets have opened marginally higher. In a noteworthy development, the preliminary results from Crimea’s referendum held over the weekend indicated that over 96% voters expressed their willingness to leave Ukraine and join Russia. Closer home, Rightmove indicated that house prices in the UK increased 1.6% MoM in March, slower than the 3.3% rise reported […]
A relief rally for Asian markets overnight helped European equities at the open on Thursday but markets fell shortly after as the continued run of poor China economic data keeps market participants anxious about global growth prospects this year. China’s data overnight showed slow credit growth denting economic activity — industrial output, retail sales and […]
Equity markets in Europe head lower at the open Wednesday as persisting worries over slowing growth in China weigh on market sentiment in Asia overnight. Commodities, particularly metals like copper decline sharply on the China concerns — gold however has managed to book gains thanks to its “safe-haven” label as well as core government bonds. […]
Upbeat price-action in Asian markets kicked up European stocks early Tuesday although persisting worries over the situation in the Ukraine continue to curb enthusiasm to build risk. US markets pared session losses Monday, gearing up Asian markets for a better session — Asian share markets were punished on Monday so a rebound was somewhat expected. […]
European markets have opened in the red, tracking losses in Asian markets, following unexpectedly weak Chinese trade data released over the weekend and amid rising tensions in Ukraine. Closer home, traders would keep a tab on the Lloyds employment confidence index slated for release later today. – See more at: http://www.etxcapital.co.uk/news/markets-lower-after-weak-chinese-trade-data#sthash.JxkggKbO.dpuf Related Posts:US CPI data […]
ETX Capital is providing clients the opportunity to spread bet on or trade CFDs for three hotly awaited IPOs expected to debut in the second and third quarter of 2014. After last year’s success of Twitter, Foxtons and Royal Mail greymarket listings, ETX Capital again this year is quick on the mark with upcoming IPOs. […]
Growing tensions in Ukraine rattled global markets Monday leading to steep falls in European and US markets in the previous session. Asian markets bucked the trend somewhat overnight, edging higher on regional data though Ukraine woes hampered moves to the upside. Regular pay in Japan increased under ‘Abenomics’, kicking up the Nikkei225 index while Australia’s […]
European equities are paring early gains Friday, thwarting the Stoxx600’s chance to post its biggest monthly gain since July. The Stoxx600 index kicked off the session a little firmer than where it is now — off around 15 points. That said, for the month of Feb., so far, booked a gain of 4.7%. Other assets […]
February 27th 2014, Daily Market Bite from Ishaq Siddiqi Market Strategist. equities weaker again in Europe, gold trades lower too whilst core government bonds inch higher and FX markets remain range-bound on the whole. Traders in Europe continue to fret over Ukrainian tensions and China’s currency slumping as well as concerns about the country’s ballooning […]
