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Last update: Sun, 25 Sep 2016 01am

Europe

Markets - Equity - Europe

European stocks rise at open before Fed LONDON: European stock markets advanced at the open on Wednesday after the Bank of Japan tweaked its monetary policy easing programme, and before the US Federal Reserve's latest interest rate call.In initial trade, London's benchmark FTSE 100 index won 0.6 percent to stand at 6,874.61 points compared with the close on Tuesday.In the eurozone, Frankfurt's DAX 30 added almost 1.0 percent in value to 10,496.43 points and the Paris CAC gained nearly 1.2 percent to 4,439.70.In Asia, Tokyo soared 1.9 percent after the BoJ adjusted its stimulus plan in a renewed attempt to jumpstart Japanese inflation and the lukewarm economy, providing a healthy start to world markets on what has been dubbed "Big Wednesday"."The first of the day's central bank drama has gone down well, with the Bank of Japan tinkering with their stimulus package much to the delight of the markets," said Spreadex analyst Connor Campbell.Later in the day, ...

Markets - Equity - Europe

Equities in waiting mode ahead of bank decisions LONDON: Global equities markets drifted Tuesday with dealers on tenterhooks on the first day of key monetary policy meetings for the US Federal Reserve and Bank of Japan."As they have throughout the day across Asia, Europe and the US, stock markets continue to tread water with moves in either direction lacking any traction as traders refuse to commit ahead of the BoJ and Fed," Oanda analyst Craig Erlam told AFP.London's benchmark FTSE 100 index ended ...

Markets - Equity - Europe

Britain's FTSE rises as Burberry and Tesco advance LONDON: Britain's top shares index rose on Tuesday, lifted by gains in consumer goods stocks ranging from luxury fashion group Burberry to supermarket retailer Tesco. The blue-chip FTSE 100 index closed up 0.3 percent at 6,830.79 points. Burberry climbed 3.6 percent, the best-performing FTSE 100 stock in percentage terms. CMC Markets analyst Jasper Lawler said investors appeared to be reacting favourably to its 'see now, buy now' collection at London Fashion Week. Tesco advanced 0.9 ...

Markets - Equity - Europe

European shares steady before central bank decisions; Italy lags MILAN: European shares ended little changed on Tuesday as investors remained cautious ahead of monetary policy decisions from the Federal Reserve and Bank of Japan on Wednesday. Market volatility has spiked this month because of changing expectations over when the Fed could raise rates, but mixed data cast doubt over the health of the world's biggest economy, reducing the chance of a hike this month. Futures are pricing the chance of a US rate rise ...

Markets - Equity - Europe

Hungarian yields fall, central bank pumps money into markets BUDAPEST: The forint eased and Hungarian government debt traded near record low yields on Tuesday as the country's central bank eased policy by capping the funds commercial banks can place in its 3-month deposits, and cut inflation forecasts.The move came after Standard & Poor's upgraded Hungary's rating on Friday, boosting demand for its government bonds.Central European currencies eased anyway as investors took profit amid some uncertainty ahead of the Bank of Japan's and the Federal ...

Markets - Equity - Europe

European equities steady as weaker oil shares offset chemicals LONDON: European shares steadied on Tuesday after strong gains in the previous session, with a rally in chemical stocks offsetting weaker energy shares that fell on the back of lower oil prices.The STOXX Europe 600 Oil and Gas index dropped 0.8 percent, the worst sector performer, as oil prices fell after Venezuela said that global supplies needed to fall by 10 percent in order to bring production down to consumption levels.Henry Croft, analyst at Accendo ...

Markets - Equity - Europe

Stocks and dollar subdued as Fed, BOJ meetings begin LONDON: Shares hit pause and the dollar lost ground against the yen on Tuesday, as investors awaited the outcomes of Federal Reserve and Bank of Japan meetings that will both conclude on Wednesday.Nagging doubts about the firepower left available to top central banks and a slip in oil prices made for another subdued start in Europe as the STOXX 600 dipped in and out of the red after seven falls in the last 10 days.Industrial ...