06302016Thu
Last update: Thu, 30 Jun 2016 01pm

Europe

Markets - Equity - Europe

Stocks, sterling inch up as Brexit vote looms, Yellen cools rate talk LONDON: Stocks and sterling rose while traditional safe-haven assets gold and bonds slipped on Wednesday, as investors were guardedly optimistic about a "Remain" vote in Britain's European Union referendum later this week.Riskier markets also drew support from Federal Reserve Chair Janet Yellen's cautious comments on the U.S. economy the previous day, in which she virtually ruled out a July rate hike.Europe's FTSEuroFirst index of 300 leading shares was up 0.1 percent, Germany's DAX was up 0.5 percent, France's CAC 40 was up 0.3 percent and Britain's FTSE 100 was up 0.1 percent.Basic resource stocks were among the biggest gainers in Europe, lifted by oil's rise of almost 1 percent.U.S. futures pointed to a rise of 0.1 percent at the open on Wall Street, following on from Tuesday's 0.27 percent rise on the S&P 500 Index.MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, chalking up its fourth straight ...

Markets - Equity - Europe

European stocks rise at open on eve of UK referendum LONDON: Europe's main stock markets climbed at the start of trading on Wednesday, the eve of Britain's historic referendum on European Union membership.London's benchmark FTSE 100 index added almost 0.5 percent to 6,255.88 points compared with the closing level on Tuesday.Frankfurt's DAX 30 index gained 0.7 percent to 10,084.74 points and the CAC 40 in Paris also won 0.7 percent to 4,398.40.The region's stock markets had also advanced on Tuesday, with traders expecting Britain to ...

Markets - Equity - Europe

European shares rise as Baer buoys bank stocks LONDON: European shares rose on Wednesday, with two key regional indexes hitting their highest level in more than two weeks, as firmer financial stocks led markets higher. The pan-European STOXX 600 index and the similar FTSEurofirst 300 index both climbed 0.4 percent to their highest level in more than two weeks, with both also set for their fourth straight day of gains.Shares in Swiss financial group Julius Baer advanced 2 percent after Citigroup raised its ...

Markets - Equity - Europe

European shares extend rally but caution over Brexit remains MILAN/LONDON: European shares rose on Tuesday as worries that British would choose to leave the European Union eased, although caution prevailed over what is expected to be a close vote.The latest opinion poll showed that the campaign for Britain to remain in the EU had a one-point lead over the rival "Leave" camp, although its edge had narrowed before Britain votes in Thursday's referendum on its EU membership.The Pan-European FTSEurofirst 300 and the STOXX Europe ...

Markets - Equity - Europe

European stocks extend gains LONDON: Europe's main stock markets rose further on Tuesday, with traders expecting Britain to vote to stay in the European Union despite polls putting the race neck and neck."It appears markets have made up their mind which way the referendum will go," said Jasper Lawler, market analyst at traders CMC Markets, although the findings of polls published Tuesday showed the referendum could still go either way."But before the result is known, there is still two-way ...

Markets - Equity - Europe

European stocks extend gains eyeing EU vote, Yellen LONDON: Europe's main stock markets and the pound rose further on Tuesday, with traders expecting Britain to vote to stay in the European Union despite polls putting the race neck and neck."It appears markets have made up their mind which way the referendum will go," said Jasper Lawler, market analyst at traders CMC Markets."But before the result is known, there is still two-way risk" ahead of Thursday's landmark vote.Investors were looking ahead also to US ...

Markets - Equity - Europe

Emerging assets broadly firmer; naira extends fall LONDON: Emerging stocks extended gains to ten-day highs on Tuesday, taking their cue from firmer world equities and a weaker dollar while Nigeria's naira fell for the second day after being freed from its dollar peg.Britain's June 23 vote on European Union membership has been dominating investor attention but receding Brexit fears, along with a dollar index approaching two-week lows, have re-ignited appetite for equities and emerging markets.Gains will likely be capped however before US ...