02072016Sun
Last update: Sun, 07 Feb 2016 04am

Europe

Markets - Equity - Europe

European stock markets stable at open LONDON: Europe's main stock markets were steady in initial trading on Friday, at the end of another volatile week for equities.London's FTSE 100 benchmark index gained 0.1 percent to 5,903.5 points compared with Thursday's close.In the eurozone, Frankfurt's DAX 30 index fell 0.2 percent to 9,375.3 points and the Paris CAC 40 climbed 0.2 percent to 4,236.1.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Europe

European stocks higher before US jobs data LONDON: European stock markets rose Friday, outperforming Asian equities, as traders geared up for key US jobs data for fresh indications on the state of the global economy.From London, to Frankfurt, Paris, Madrid and Milan, stock markets were rising.But growing fears that global economic turmoil is seeping into the United States kept pressure on the dollar, as investors bet that the Federal Reserve would postpone hiking interest rates further this year."It's been a quiet but ...

Markets - Equity - Europe

European shares little changed before US jobs data, BNP rises MILAN: European shares were little changed in choppy trade on Friday with investors reluctant to take up big positions before a key US jobs report that could provide clues on the Federal Reserve's monetary policy outlook. US employment gains likely slowed in January as the boost to hiring from unseasonably mild weather faded, but an expected rebound in wages and a steady jobless rate will suggest the labor market recovery remains firm. Nonfarm payrolls probably ...

Markets - Equity - Europe

European shares rise with Wall Street in choppy trade LONDON: European and US shares were mostly firmer on Thursday after a yo-yo session as investors fretted about a stronger euro and braced for US labour data.Among the eurozone's main exchanges, Germany's DAX index stood out from the pack, failing to maintain gains earlier in the session to close 0.44 percent lower.However, shares in Paris and London were both higher. The CAC edged 0.04 percent higher, while the FTSE was up 1.06 percent.In keeping with ...

Markets - Equity - Europe

European shares end down in choppy trade, led by Credit Suisse MILAN: European shares fell on Thursday as weak U.S. data fed concerns that the world's biggest economy may be slowing down, with export-oriented auto stocks leading the decline and Credit Suisse tumbling after reporting a full-year loss.Losses, however, were limited by a rally in commodities which lifted miners and oil sector stocks.U.S. non-farm productivity slumped in the fourth quarter and jobless claims rose more than expected, data showed. That put added pressure on the dollar, ...

Markets - Equity - Europe

European shares slip with Wall Street, but London firm LONDON: European stocks were mostly weaker Thursday after a soft Wall Street opening, but shares in London rose after the Bank of England's latest economic forecast.At around 1445 GMT, London's benchmark FTSE 100 index stood out from the crowd at 0.57 percent higher, while Frankfurt shares were down 1.02 percent followed by Paris at 0.66 percent lower. European markets rebounded in earlier trading after tumbling on Wednesday, highlighting the recent volatility.Shares in the US were ...

Markets - Equity - Europe

Assets firm, good demand seen at bond auctions BUDAPEST/PRAGUE: Stocks rose, currencies steadied and traders expected healthy demand at government bond auctions in Central Europe on Thursday as investor expectations for US rate increases dwindled.The crown was flat at 27.022 against the euro at 0859 GMT and short-term Czech government debt yields dropped on the short end of the curve before a Czech Central Bank meeting expected to leave its rates unchanged.Analysts expect the bank to maintain its cap on the value of ...