European markets head for higher open as global markets rally

The FTSE index is expected to open 30 points higher at 6,934, germany's DAX 126 points higher. The higher open expected in Europe comes after a rebound on Wall Street. There, stocks rallied to start the new month and quarter on a positive note.
#European #FTSE #Europe #News #Business #Markets

13 hours ago

European stocks, markets, earnings, data and news

The lower open expected in Europe this morning comes after a gloomy trading session in Asia-Pacific markets. OPEC+ is considering an oil output cut of more than a million barrels per day.
#OPEC+ #European #Europe #News #Business #Markets


European stocks edge higher, euro zone inflation hits record 10%

Eurozone inflation hit a record high of 10% in September, surpassing forecasts for a 9.7% rise. A pullback in government bond yields enabled stocks to edge up, but this was unlikely to be the start of a longer recovery.
#Reuters #European #News #Business #Markets

4 days ago

Stock Market Live: RBI Policy Meet, More Volatility In Store? Torrent Pharma, Mahindra CIE in Focus

Torrent Pharma, Mahindra CIE in Focus European markets closed mixed as traders reacted to rising commodity prices and uncertainty. The RBI policy meet kicks off today.
#TorrentPharma #European #News #Business #Markets

6 days ago

European telecoms chiefs call on tech firms to share internet network costs

The 16 chief executives have called for tech firms such as Netflix an amazon to pay for some of the soaring costs of data. The rise in data usage is driven by the streaming of shows such as the Netflix hit Bridgerton and the Lord of the Rings: The Rings of Power. European telecoms companies spend €50bn (£44.5Bn) annually on building and maintaining full-fibre broadband and 5G networks.
#Netflix #Bridgerton #LordoftheRings #News #Technology #Internet

1 weeks ago

European Stocks Edge Higher; Italian Stocks Soar After Election By

ReutersEUR/USD -0.36% Add to/Remove from Watchlist UK100. In germany traded 0.1% higher, the in france rose 0.1% and the u.k.'S climbed 0.2%. European equities have been under pressure, with the down over 22% year to date. #European #Italian #News #Business #Markets

1 weeks ago

All eyes on the BOE ahead of European trading

The pound is in the same situation as the yen when it comes to the intervention play. The fundamentals dictate that the path of least resistance is still for a lower pound against the dollar.
#BOE #European #News #Business #Markets

1 weeks ago

European markets open to close; sterling slumps against the dollar

Shares in the Asia-Pacific fell sharply on Monday as negative sentiment continues to weigh in on markets. The pound plunged to a record low on Monday, following last week's announcement by the new government that it would implement tax cuts and investment incentives to boost growth.
#European #News #Business #Markets

1 weeks ago

When EU embargo comes, where will Russia sell its crude oil?

Russia exports 20 million tonnes of crude per month - roughly five million barrels per day - via several routes, including the Druzhba pipeline to Europe and others to Asia. In august, Russia's total exports via European ports and a pipeline amounted to 12.05 million tonnes, of which around 5.5 million tonnes (1.3 million bpd) were shipped to countries that will stop importing Russian oil from Dec. 5.
#European #Russian #Russia #News #Business #Economy

1 weeks ago

European markets: European stocks benchmark sinks into bear market on growth woes - The Economic Times

The index sank 2.3% by the close in London, to the lowest level since December 2020. More defensive sectors like food and healthcare outperformed, while cyclicals slumped. European stocks have come under particular pressure this year as they’re more impacted by the war in Ukraine and the escalating energy crisis.
#European #London #News #Business #Markets

1 weeks ago

Explainer: When EU embargo comes, where will Russia sell its crude oil?

Russia exports around 20 million tonnes of crude per month - roughly five million barrels per day - via several routes. In august, Russia's total exports via European ports and the Druzhba pipeline amounted to 12.05 million tonnes - of which around 5.5 million tonnes (1.3 million bpd) were shipped to countries that will stop importing Russian oil from Dec. 5. The united states and europe are also working on a price cap for Russian oil.
#Reuters #European #Russian #Russia #News #Business #Economy

1 weeks ago

Wild horses face unruly storms as Fiona nears Canada's east coast

Wild horses grazing freely on the sandy grasslands of the crescent-shaped Sable Island in the north Atlantic are expected to come under the swipe of a powerful storm forecast to hit eastern Canada this weekend. The horses are not indigenous to the sandbar and are believed to have been brought by European sailors in the 18th century.
#Fiona #Reuters #European #SableIsland #News #Science #Enviornment

1 weeks ago

European shares muted on Russian mobilisation, looming Fed decision By Reuters

A 0.7% decline in the rate-sensitive technology sector index was offset by gains in energy stocks and miners. The continent-wide index was 0.1% higher, bouncing back after hitting its lowest level since early July.
#Fed #European #Russian #News #Business #Markets

1 weeks ago

Zero-Covid hurts 75% of European firms in China

Zero-Covid hurts 75% of european firms in china, a major business lobby says. The country is the last major economy wedded to a strategy of stamping out emerging virus outbreaks as they arise. Despite sparking business closures and roiling global supply chains, president Xi Jinping has declared the approach China's most economic and effective path forward.
#XiJinping #European #China #News #Business #Economy

1 weeks ago

France leads European shares lower in mega week for central banks

Euro zone blue-chip stocks index (.STOXX50E) dropped 0.9% by 0804 GMT, ahead of the Federal Open Market Committee's (FOMC) interest rate decision on Wednesday. Eurozone markets closed their worst weekly performance in three months on Friday on escalating recession worries.
#FederalOpenMarketCommittee #GMT #Euro #France #News #Business #Markets

2 weeks ago

European Stock Futures Weaken; Recessionary Fears Grow By

The contract in germany traded 0.9% lower, in france dropped 0.6%. The blue chip fell 0.6%, to its lowest close in two months. Investors are bracing for another substantial interest rate hike by the next week, in the wake of the hot report.
#European #germany #News #Business #Markets

2 weeks ago

European markets open to close, data, news and earnings

The pan-European Stoxx 600 fell 1.1%, with all sectors in the red. The FTSE 100 was down 0.4%, Germany's DAX down 1.19% and France's CAC 40 fell 0.95%.
#pan #European #Germany #News #Business #Markets

2 weeks ago

Asian and European markets rally, euro surges

The euro surged in early trading, a day after the german central bank chief signalled that the eu would probably continue raising its key rate. The ECB raised the key rate by a historic 75 basis points last week, and markets expect a similar-sized hike at an October meeting. Investors worldwide will be closely watching US inflation data for August.
#ECB #german #Asian #News #Business #Markets

3 weeks ago

European shares, euro jump on Ukrainian advances in Kharkiv province

Germany's DAX rose 1.4%, french's CAC 40 and FTSE 100 both jumped 1%. Asian shares also rallied in slow trading with china and south Korea out for a holiday. The balance of information we have is being interpreted as bullish.
#BusinessStandardNews #rench #FTSE100 #Germany #News #Business #Markets

3 weeks ago

Will Champions League fixtures go ahead this week? Chelsea, Liverpool, Man City and Tottenham all in European action despite Premier League fixture postponements but Arsenal in doubt

The premier league announced on Friday that all domestic fixtures would be postponed last weekend with the nation in mourning following the loss of Queen Elizabeth II. UEFA set a deadline of December 31 to replay the game but were unable to agree a date with the French club leading to a COVID-19 outbreak.
#Elizabeth #UEFA #French #ChampionsLeague #News #Sports #Football

3 weeks ago