European Shares Likely To Open On Cautious Note

European stocks are set to open on a cautious note Monday as investors fret over slowing global growth and rising inflationary pressures. Investors await U.S. consumer inflation figures for August this week amid concerns the Federal Reserve and other central banks might move sooner to nudge interest rates up from the ultra-low levels. U.S. wholesale… Continue reading European Shares Likely To Open On Cautious Note

European Shares Poised For Weak Open

European stocks are seen opening lower on Wednesday as investors fret about slowing growth due to the spread of COVID-19 variants and the slow rollout of vaccines. Asian shares hovered just off six-week highs while the dollar held near a one-week high amid rising U.S. Treasury yields, as investors waited to see whether the European… Continue reading European Shares Poised For Weak Open

European Shares Seen Up As Tapering Worries Ease

European stocks are seen opening higher on Thursday as tame U.S. inflation data eased fears the Federal Reserve would rush to reduce its economic support measures. Asian markets were subdued in cautious trade as China’s banking and insurance watchdog stepped up scrutiny of insurance technology platforms and data showed China’s new bank loans fell more… Continue reading European Shares Seen Up As Tapering Worries Ease

European Shares Struggle For Direction Ahead Of ECB Meet

European stocks were flat to slightly lower on Thursday as investors geared up for the European Central Bank meeting and awaited the release of U.S. inflation data for clues as to when the Federal Reserve might tighten its dovish monetary policy. The outcome of the governing council meeting of the ECB is due at 7.45… Continue reading European Shares Struggle For Direction Ahead Of ECB Meet

European Shares Rally On Strong Economic Data

European stocks rallied on Tuesday to reach record highs as investors digest the latest set of factory activity and inflation data. Euro zone manufacturing activity expanded at a record pace in May despite supple bottlenecks, a survey showed. IHS Markit’s final Manufacturing Purchasing Managers’ Index (PMI) rose to a new record high of 63.1 in… Continue reading European Shares Rally On Strong Economic Data

European Shares Rally On Strong Economic Data

European stocks rallied on Tuesday to reach record highs as investors digest the latest set of factory activity and inflation data. Euro zone manufacturing activity expanded at a record pace in May despite supple bottlenecks, a survey showed. IHS Markit’s final Manufacturing Purchasing Managers’ Index (PMI) rose to a new record high of 63.1 in… Continue reading European Shares Rally On Strong Economic Data

European Shares Poised To Open Lower

European stocks look set to open broadly lower on Monday as investors look for direction in the face of pandemic and inflation uncertainties. China is coming under increasing pressure over probe into the origins of the COVID-19, with former U.S. Secretary of State Mike Pompeo revealing that the Wuhan Institute of Virology (WIV) was engaged… Continue reading European Shares Poised To Open Lower

European Shares Seen Opening On Firm Footing

European stocks may open higher on Wednesday after U.S. Treasury Secretary Janet Yellen clarified she is not predicting Fed rate increases to rein in any inflation spurred by President Joe Biden’s proposed spending. Yellen said in remarks webcast during The Atlantic’s Future Economy Summit early on Tuesday that interest rates may need to rise slightly… Continue reading European Shares Seen Opening On Firm Footing

European Shares Seen Higher At Open

European stocks look set to open on a positive note Wednesday, even as underlying sentiment may remain cautious amid fears of more economic pain from coronavirus lockdowns in some Asian countries. Japan’s government is considering a state of emergency for Tokyo and Osaka as new Covid case numbers surge. India is seeing a huge surge… Continue reading European Shares Seen Higher At Open

European Shares Broadly Higher Ahead Of US Inflation Data

European stocks were mostly higher on Tuesday as strong export data from China reinforced optimism around a swift global economic recovery. Amid rising inflation expectations, investors await key U.S. inflation data later in the day for further direction. The pan European Stoxx 600 edged up 0.2 percent to 436.24 after declining half a percent in… Continue reading European Shares Broadly Higher Ahead Of US Inflation Data

European Shares Set For Cautious Start

European stocks look set to open higher on Monday even as a cautious undertone may prevail amid U.S. yield spike. Asian markets gave up early gains to turn mixed as benchmark Treasury yields held near a one-year high and China data painted a patchy economic picture. China’s industrial output and retail sales surged in the… Continue reading European Shares Set For Cautious Start

European Shares Head For Cautious Start After Strong Rally

European stocks look set to open on a cautious note Tuesday as investors remain apprehensive over whether the $1.9 trillion U.S. stimulus package will help spur quicker global economic recovery. Asian markets are trading mixed and the dollar climbed to a three-month peak as rising bond yields prompted investors to price in higher inflation and… Continue reading European Shares Head For Cautious Start After Strong Rally

European Shares Seen Lower After US Yield Spike

European stocks are seen drifting lower at open on Friday as bond yields continue to rise, hurting riskier assets. Emerging-market currencies such as the South African rand and Mexican peso sold off and the dollar gained ground on risk-off sentiment after U.S. treasury yields vaulted to their highest since the pandemic began overnight. Asian markets… Continue reading European Shares Seen Lower After US Yield Spike

European Shares Set To Open On Tepid Note

European stocks are seen opening on a cautious note Monday as Treasury yields continue to climb amid the outlook for better economic growth and more fiscal stimulus. Benchmark 10-year Treasury yields rose to 1.3940 percent, their highest since Feb. 2020 on concerns about faster inflation. Asian markets pared early gains as rising copper and oil… Continue reading European Shares Set To Open On Tepid Note

European Shares Slide On Profit Taking

European stocks were moving lower on Tuesday as investors booked profits from a recent rally powered by the vaccine rollouts, falling coronavirus infections and U.S. stimulus hopes. The downside remained limited after China’s central bank pledged a “stable” monetary policy, helping ease recent concerns about liquidity squeeze. The pan European Stoxx 600 dropped 0.4 percent… Continue reading European Shares Slide On Profit Taking

European Shares Mixed Ahead Of ECB Rate Decision

European stocks were mixed on Thursday as investors awaited the latest ECB policy announcement and the post-meeting news conference by President Lagarde for directional cues. Earlier in the day, the Bank of Japan left its monetary policy unchanged, raised growth projections and noted that risks to both economic activity and prices were skewed to the… Continue reading European Shares Mixed Ahead Of ECB Rate Decision

European Shares Likely To See Positive Start

European stocks are set to open higher on Thursday as Joe Biden’s entry into the White House has raised hopes for a big fiscal relief package. Biden on Wednesday signed a string of executive orders, memorandums and directives aimed at reversing the “gravest damages of the Trump administration” including rescinding the so-called ‘Muslim ban’, rejoining… Continue reading European Shares Likely To See Positive Start

European Shares Inch Higher On Recovery Hopes

European stocks gained ground on Friday on optimism over a swift economic recovery from the coronavirus pandemic. Vaccine hopes, rising oil prices and growing prospects of a large U.S. economic stimulus package helped underpin sentiment, while the upside remained capped by rising coronavirus cases in the U.S. and escalating U.S.-China tensions. In economic releases, German… Continue reading European Shares Inch Higher On Recovery Hopes

European Shares Set To Open On Cautious Note

European stocks are likely to open a tad lower on Thursday as investors keep an eye on Covid-19 and Brexit news flow. The overall number of global coronavirus cases has topped 64.4 million, while the deaths have surged to more than 1.49 million, according to the Johns Hopkins University. The two-day meeting of the U.N.… Continue reading European Shares Set To Open On Cautious Note

European Shares Seen Opening Up In Cautious Trade

European stocks are seen opening flat to slightly higher on Thursday, with trading activity likely to remain amid the Thanksgiving holiday in the United States. U.S. bonds and stocks will trade on a partial schedule on Friday. With the coronavirus infection rate slowing down in Europe, investors are eyeing a relaxation of restrictions in the… Continue reading European Shares Seen Opening Up In Cautious Trade

European Shares Set To Drift Lower After Big Rally

European stocks are likely to open lower on Tuesday after posting strong gains the previous day on the assumption that Democrat Joe Biden would be the next U.S. President. The course of Biden’s transition to power is dependent in part on an obscure declaration called “ascertainment.” Senator Mitch McConnell of Kentucky, the top Republican in… Continue reading European Shares Set To Drift Lower After Big Rally