06302016Thu
Last update: Thu, 30 Jun 2016 12am

Europe

Markets - Equity - Europe

Stocks gain, safe havens retreat as Brexit worries ebb LONDON: Global stocks rose on Monday and sterling strengthened broadly while safe-havens including the yen and gold retreated, after polls showed support for Britain staying in the EU regaining momentum before Thursday's referendum.Sterling has been at the sharp end of worries Britons will vote to leave the European Union, and the slightly diminished Brexit fears pushed the pound up 1.5 percent against the dollar and more than 2 percent versus the yen.Share prices, which fell globally in recent days on the prospect of Britain quitting the bloc as some polls showed the "Leave" campaign ahead, rose strongly.The pan-European FTSEurofirst 300 index added 2.9 percent, led by banks, while Britain's blue-chip FTSE 100 index chalked up a similar gain.For Reuters new Live Markets blog on European and UK stock markets see reuters://realtime/verb=Open/url=http://emea1.apps.cp.extranet.thomsonreuters.biz/cms/?pageId=livemarketsMSCI's broadest index of Asia-Pacific shares outside Japan rose 1.6 percent. Japan's Nikkei climbed 2.4 percent as the yen lost ...

Markets - Equity - Europe

Britain's FTSE rallies as EU membership 'Remain' camp regains ground LONDON: UK shares paced by banks and housebuilding rose on Monday, boosted by polls suggesting the campaign for Britain to remain in the European Union was regaining a narrow edge over the "Out" camp.Britain's blue chip FTSE 100 index rose 2 percent to 6,138.78 points by 0809 GMT, extending Friday's 1.2 percent gain.Two opinion polls published on Saturday showed that the campaign to keep Britain in the European Union ahead of its June 23 referendum ...

Markets - Equity - Europe

Banks lead European shares higher as Brexit fears wane slightly LONDON: European shares rallied on Monday with the beaten down banking sector leading as renewed hope that Britain would to vote to stay in the EU spurred investors bank into risky assets.The pan-European STOXX 600 and FTSEurofirst 300 indexes both rose nearly 3 percent. They are still down about 10 percent for 2016.The STOXX 600 was poised for its biggest one-day percentage gain since mid-February with only 4 stocks in the index in the red ...

Markets - Equity - Europe

Sterling rallies as Brexit worries ebb, yen weakens LONDON: Sterling rallied on Monday after opinion polls swung in favour of the campaign for Britain to stay in the European Union, boosting risk sentiment and sending the safe-haven yen tumbling.The implied probability of a "Remain" vote in Thursday's referendum rose to 72 percent after falling as low as 60 percent last Thursday, according to odds from gambling website Betfair.Sterling rose 1.7 percent to $1.4604. It earlier reached $1.4625, its highest in three weeks, as ...

Markets - Equity - Europe

Paris stock exchange gains three percent PARIS: Paris stocks surged in early trading Monday, with the key CAC-40 index gaining over three percent after polls suggested the Remain camp was ahead in the upcoming British referendum on EU membershipAt 0720 GMT, the CAC stood 2.9 percent higher, having earlier briefly posted gains of just over three percent compared with Friday's close.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Europe

European stocks rally at open LONDON: Europe's main stock markets rose strongly at the start of trading Monday on growing expectations that Britain will vote to remain part of the European Union in Thursday's referendum.The British pound was meanwhile sharply higher against the euro and dollar.London's benchmark FTSE 100 index jumped 1.8 percent to 6,128.82 points compared with the close on Friday.Frankfurt's DAX 30 index rallied 2.3 percent to 9,850.59 points and the Paris CAC 40 surged 2.6 percent in ...

Markets - Equity - Europe

European equity index futures climb higher LONDON: European equity index futures climbed higher on Monday, as traders saw the prospect of Britain voting to leave the European Union as abating slightly, helping to lift global stock markets.Futures on the Euro STOXX 50, Germany's DAX and France's CAC were all up by more than 3 percent, while futures on Britain's FTSE advanced 2.8 percent.Britain is due to vote on its European Union membership on June 23. Opinion polls have been split, although ...