European Shares Little Changed Ahead Of Key Data

European stocks struggled for direction on Tuesday as investors kept a wary eye on bond yields and awaited the release of German ZEW survey results and fourth quarter Eurozone GDP data for directional cues. Underlying sentiment was underpinned by falling coronavirus infection rates, successful rollouts of Covid-19 vaccines in many countries and the possible easing […]

European Shares Seen Up On Economic Optimism

European stocks may open higher on Tuesday amid optimism that a successful vaccine rollout and an injection of stimulus spending could help spur a faster economic recovery. The World Health Organization (WHO) late on Monday night gave emergency use approval to two versions of the AstraZeneca/Oxford Covid-19 vaccines, giving the green light for these shots […]

European Shares Seen Tad Lower

European stocks are likely to open lower on Friday after Britain and the European Union struck a pessimistic tone in trade talks and U.S. Congressional leaders said talks on a stimulus package could stretch into the weekend. U.S. Senate Majority Leader Mitch McConnell said that a bipartisan U.S. stimulus deal “appears to be close at […]

European Shares Seen Lower With Brexit Talks In Focus

European stocks are likely to open lower on Monday as Brexit talks hanged in the balance, with a minister telling the BBC there is “still a deal to be done”. U.S.-China tensions are also on the rise, with Reuters reporting that the United States is preparing to impose sanctions on at least a dozen Chinese […]

European Shares Rise On China Data

European stocks rose Tuesday on the back of solid Chinese data and coronavirus vaccine hopes. China’s manufacturing sector logged its strongest growth in a decade in November to indicate a sustained recovery from the Covid-19 outbreak. Investors shrugged of survey results showing that factory activity growth in the euro area cooled last month amid new […]

European Shares Seen Lower At Open

European stocks are likely to open lower on Wednesday as rising Covid-19 cases in the United States and Europe has raised the threat of renewed restrictions and regional lockdowns. With more shutdowns looming and new virus cases spreading quickly in many parts of the world, huge challenges remain before a coronavirus vaccine can be rolled […]

European Shares Set For Cautious Start

European stocks look set to open on a cautious note Tuesday after the United States, Russia and France set daily records for coronavirus infections. Fear and anxiety are spiking along with the virus in U.S. hot spots as the number of hospitalized patients reached a two-month high. U.S. infectious disease expert Anthony Fauci called the […]

European Shares Advance On Earnings

European stocks advanced on Friday as Brexit optimism and positive earnings updates from the likes of Daimler and Barclays helped investors shrug off renewed concerns about the economic impact of surging Covid-19 cases. European Union and British negotiators will meet today for intensive negotiations on a last-minute trade deal that could stave off a tumultuous […]

European Shares Slide Ahead Of Trump-Biden Debate

European stocks were moving lower on Tuesday as investors looked for cues from the final round of Brexit trade talks as well as the upcoming U.S. presidential debate. The European Union and Britain have indicated that a post-Brexit deal was still some way off as negotiations recommenced over implementing their Withdrawal Agreement. Covid-19 news flow […]

European Shares Tumble On Risk Aversion

European stocks fell sharply on Friday as weak Chinese data, the U.S. fiscal stimulus stalemate and new quarantine rules in the U.K. raised uncertainty about the evolution of coronavirus pandemic. Meanwhile, Eurostat said that Eurozone economic output shrank 12.1 percent sequentially in the second quarter – matching the expectation of -12.1 reported in the first […]