European stock Articles
Business restrictions knock European stock markets
European stock markets begin the new week with a bigger loss as shares plunged on fresh social distancing restrictions in the euro-zone. The wider than expected loss from German largest tech company SAP pulled out 7% of the value from the tech sector.
European Stock Markets Rally, Oil Stocks are Shining
European stock markets reported hefty gains after making big losses early this week as traders sentiments shifted towards stimulus program. In addition, the robust growth in oil prices helped the energy sector to lead the gains. Oil prices jumped on slowing supplies.
European Stock Markets: Second Coronavirus Wave Impacts Sentiments
The European stock market has extended the declining trend into the third consective trading session on Monday trading due to concerns over the second coronavirus wave. The World Health Organization warned that economic reopening and easing travel restrictions could spur a new coronavirus wave.
European Stock Market Rally Fades as Fed Left Interest Rate Unchanged
European stock markets ended the four days winning streak as the US Federal Reserves has indicated that interest rate will remain low for a longer time. The Fed has kept its interest rate around zero range and hinted it to stay at the current level for the next three years.
European Stocks Recover After Friday Tech Selloff
European stocks are largely in green on Monday as improving economic data helped in building investor's sentiments. The stock markets around the world saw a massive tech sector selloff in the past few consecutive trading sessions. European stocks closed lower on Friday as the technology sector plunged more than 2%.
European Stocks Extend Rally on Euro Selloff
European stocks rallied sharply on Wednesday and extended the momentum into the Thursday trading as the euro retreated from fresh twenty-seven months high against the US dollar. The common currency has hit the $1.20 level on Tuesday. The strong euro is likely to significantly impact European exports around the world.
European Stock Market Under Pressure as Fed’s Powell Guides Higher Inflation
European stock markets closed lower on Thursday and extended the bearish trend on Friday as Federal Reserve Chairman Jerome Powell said historic policy shift would move inflation rate higher in the days to come.
European Stock Markets are Shining On Improving Sentiments
European stock market futures are in green on Thursday after rallying sharply on Wednesday. The trader’s sentiments are optimized by several factors, including positive economic data, coronavirus relief package, and vaccine hopes.
European Stocks are in Green Despite Sluggish Economic Data
European stock future soared sharply on Monday despite weaker than expected Eurozone economic data as Eurozone flash PMI data significantly impacted trader’s sentiments for a V-shaped recovery from the deepest economic downturn.
European Stocks are Down on Fed Minutes
European stock futures are trading in the red after generating small gains in Wednesday trade. The latest selloff is supported by Federal Reserve’s minutes. Fed has indicated that the US economy is in trouble and the world’s largest economy needs a massive amount of public spending for recovery.
European Stock Futures Steady Ahead of Fed Minutes
European stock market futures are in the green on Wednesday after experiencing a bumpy ride during the Tuesday trade. President Trump has tightened restrictions on Chinese technology giant Huawei in the wake of lowering the company’s access to electronic components markets.
European Stock Futures Mixed After a Day of Mild Gains
European stock futures are mixed on Tuesday as investors have been showing concerns over rising coronavirus infections and geopolitical tensions. The trade tensions between the United States and China continue to impact the trader's sentiments.
European Stocks Plunge on Stimulus Doubts
European stock markets extended the Thursday slide into Friday trade as investors have been showing concerns over rising coronavirus infections and doubts over the US federal stimulus deal. The markets also haven't responded to positive US jobs data.
European Stock Futures Extend Gains on Economic Outlook
European stock market future has extended the Friday gains as investors applauded strong factory and manufacturing data. Although the gains are capped by concerns over coronavirus infections and rising US-China tensions, the investor’s sentiments still appear strong.