08282016Sun
Last update: Sun, 28 Aug 2016 03pm

Europe

Markets - Equity - Europe

European stocks fall in early trading LONDON: European stock markets fell in initial deals on Monday, as traders look ahead to a key meeting of central bankers at the end of the week.London's benchmark FTSE 100 dropped 0.3 to 6,837.48 compared with the close on Friday.In the eurozone, Frankfurt's DAX 30 shed 0.3 percent to 10,513.83 points and the Paris CAC 40 lost also 0.3 percent to stand at 4,389.25.Investors were looking ahead to "a relatively quiet week with (Fed chief) Janet Yellen headlining on Friday with her speech" at the Jackson Hole gathering of central bankers, said Craig Erlam, senior market analyst at Oanda trading group."The Jackson Hole event has previously been a platform for the Fed to provide more clarity to the markets and warn about upcoming policy changes, something the market is currently in desperate need of."The dollar rose Monday after the Federal Reserve's vice chairman said the US economy was picking up.Stanley ...

Markets - Equity - Europe

European stocks retreat; Tokyo higher LONDON: European stock markets slid on Friday as traders booked profits in the absence of key data heading into the weekend pause, analysts said.Tokyo's main stocks index however managed to rise as a yen rally petered out, supporting the profitability of exporters such as automakers Toyota and Honda. Around 0930 GMT, London's benchmark FTSE 100 index was down 0.1 percent compared with the close on Thursday. In the eurozone, Frankfurt's DAX 30 shed 0.7 percent ...

Markets - Equity - Europe

European stocks steady at open LONDON: European stock markets were flat at the open on Friday following modest gains in Tokyo and on Wall Street.London's benchmark FTSE 100 dipped just a few points to begin at 6,866.23 compared with Thursday's close.In the eurozone, the Paris CAC 40 was virtually unchanged at 4,436.09 points and Frankfurt's DAX 30 gained 0.1 percent to 10,613.23.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Europe

Global stocks diverge on Fed, post-Brexit data LONDON: US and European markets edged higher Thursday, with help from a dovish outlook for US interest rates, higher crude prices and some healthy post-Brexit data in Britain.But Tokyo shares tumbled on the stronger yen.Wall Street shares closed modestly higher, with the S&P 500 adding 0.2 percent, a day after minutes from the Federal Reserve's July meeting suggested the central bank was not yet ready to go ahead with a rate hike soon."The action of ...

Markets - Equity - Europe

World stocks rise, dollar weakens on divided Fed LONDON: World stocks rose and the dollar sank to a seven-week low on Thursday after minutes of the U.S. Federal Reserve's latest meeting showed policymakers were divided over whether to raise interest rates soon.Recent comments from Fed officials suggested a hike in the world's largest economy could be on the cards as soon as next month, but signs of restraint within the rate-setting committee brought relief to markets, sending global bond yields lower."No news is ...

Markets - Equity - Europe

European stocks climb at open LONDON: European stock markets rose at the start of trading on Thursday, with London's benchmark FTSE 100 index rising 0.2 percent to 6,873.24 points. In the eurozone, Frankfurt's DAX 30 won 0.7 percent to 10,613.08 points and the CAC 40 in Paris gained 0.5 percent to open at 4,441.20 compared with the close on Wednesday.The start was in contrast to Tokyo, whose main index slumped Thursday as fading expectations of an imminent Federal Reserve rate ...

Markets - Equity - Europe

Global stocks downbeat amid worries over Fed rates LONDON: World stock markets largely retreated Wednesday amid concerns that the Federal Reserve could push up interest rates in the coming months despite weak global growth.Eyes were on the release of the minutes of the US central bank's late-July meeting, slated for 1800 GMT, for hints of how bullish the Fed is on the US economy after a top official warned Tuesday that markets were underestimating the possibility of a rate increase as early as ...