As European equity markets closed out last week with their biggest weekly fall of the year, an eventful first quarter is coming to a close. Keep in mind that while BofA Merrill Lynch notes that U.S. equity funds suffered $ 44 billion in outflows so far this year compared to last year-making it the worst Read More
Author: Cac Futures
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose across the board on Tuesday after a rally on Wall Street and steps by China to shore up its economy boosted risk appetite, while Greek debt worries again haunted the sagging euro. Spreadbetters expected European shares to pull back slightly after Monday’s rise, calling for Britain’s Read More
European equities closed sharply higher on Monday, having extended gains throughout the session, as investors looked ahead to forthcoming U.S. jobs data. The pan-European Euro Stoxx 600 index (^STOXX) closed around 1.1 percent higher, with a broad-based rally across all major bourses. The German DAX (:.GDAX) provisionally closed 1.8 percent higher, with auto, technology and Read More
By Patrick Graham LONDON (Reuters) – Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China’s economy, but the euro slipped on renewed concern about Greece’s finances. In Europe, a rally in technology shares, tracking Friday’s surge in the U.S. tech sector, helped equities bounce back from losses last week, Read More
By Patrick Graham LONDON (Reuters) – Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China’s economy, but the euro slipped on more concern about Greece’s finances. In Europe, a rally in technology shares, tracking Friday’s surge in the U.S. tech sector, helped equities bounce back from losses last week, Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks were mixed on Friday and the dollar rebounded as rising tensions in the Middle East clouded the investment outlook. Spreadbetters expected Britain’s FTSE <.FTSE>, Germany’s DAX <.GDAXI> and France’s CAC <.FCHI> to tip toe higher while the markets awaited fresh cues from the Middle East. Crude oil Read More
European equities closed sharply lower on Thursday, extending the previous day’s retreat, with geopolitics once again worrying markets. Oil prices surged as much as 5 percent, while stocks fell, on the news that Saudi Arabia had launched a military operation in neighboring Yemen, where rebels have overthrow the government. “A cacophony of bearish news in Read More
European equities finished around 1 percent lower on average on Wednesday, down from multi-year highs, despite better-than-expected data from Germany. The pan-European FTSEurofirst 300 (FTSE International: .FTSE) provisionally ended around 1 percent lowerm as European technology stocks slipped, mimicking a similar downturn on Wall Street. Notably, ARM (London Stock Exchange: ARM-GB), which makes chips for Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks stalled on Wednesday following declines on Wall Street, while the dollar held on to modest gains after a rise in U.S. inflation. Spreadbetters forecast a slightly lower open for Britain’s FTSE <.FTSE>, Germany’s DAX <.GDAXI> and France’s CAC <.FCHI>. European shares ended the previous session at their Read More
European equities rose from session lows on Tuesday, as investors reacted to fresh economic data from the euro zone. The pan-European Euro Stoxx 600 index (^STOXX) was around 0.6 percent higher, having starting the session lower. Shares of Airbus (Euronext Paris: AIR-FR) fell up to 2 percent on Tuesday after an A320 passenger plane had Read More