Home Depot stock weighed on the Dow Jones today and oil prices eased somewhat after Monday's spike.
The British pound was higher on Tuesday as the Supreme Court heard a case over whether Prime Minister Boris Johnson’s move to suspend Parliament before the country was due to leave the European Union was legal.
Global markets are mixed on rising oil prices and FOMC uncertainty.
European stocks on Tuesday floundered for direction, though oil producers remained well bid as oil futures held onto a lion’s share of the advance after the attack in Saudi Arabia.
Global stocks edged lower again Tuesday, following one of the biggest single-day declines in oil prices on record, as investors adopted a cautious stance on risk ahead of the Federal Reserve's two-day rate-setting meeting and the start of formal U.S.-China trade talks later this week.
Investing.com -- Germany's ZEW economic sentiment index, the first major confidence indicator of the month in Europe, rose to -22.5 in September from a seven-year low of -44.1 in August, amid signs of progress in the U.S.-China trade dispute and the European Central Bank's monetary policy easing package last week.
Investing.com -- European stock markets opened lower Tuesday as concerns over the spike in oil prices continued to weigh on markets. Asian stocks had also weakened overnight, after the U.S. reportedly shared intelligence with Saudi Arabia showing that Iran was responsible for the weekend attack on its oil facilities. Saudi Arabia hasn't yet joined the U.S. in publicly blaming Iran, something that could raise the likelihood of a coordinated response against the Islamic Republic.
Uncertainty over how the U.S will respond to the strike on Saudi oil fields will test the majors early. There’s also Brexit to factor in…
Exxon Mobil propped up the Dow Jones today, but stocks drilled lower as oil prices spiked and a workers' strike affected General Motors stock.
The heavy exposure of the U.K. to the energy sector was on display on Monday, as the FTSE 100 outperformed most global benchmarks in wake of the attacks on Saudi Arabia that has taken half of its production offline.
Global stocks fall after energy prices spike more than 10% raising fears of further slowing in the global economy.
Global stocks traded notably lower Monday, while oil prices surged the most in more than two decades, as an attack on two key Saudi Arabian oil facilities, as well as the weakest industrial output data from China in many years, hammered equity market sentiment.
Sep.16 -- Jimmy Conway, head of EMEA equity trading strategy at Citigroup Global Markets, talks about the U.K.'s political crisis and the implications for the financial markets. He speaks with Manus Cranny and Nejra Cehic on "Bloomberg Daybreak: Europe."
By Geoffrey Smith
Geopolitical risk returns as the markets respond to the attacks on Saudi oil fields. With economic data on the lighter side, Brexit will also be in focus.
It’s a big week ahead for the markets. The FED, the BoE and Brexit are in focus, with stats and chatter on trade also needing some attention.
It was a bit week for the European majors, with the DAX leading the way. Monetary policy and trade drove autos and banks in particular.
British politics, the ECB, and the U.S – China trade war stole the show in the week. While risks remain, there was a material shift in geopolitical risk.
Global markets rise on trade hopes but new records for the indices and a trade deal may be elusive.
At the FT Weekend Festival last weekend, Rhian-Mari Thomas, chief executive of the new (and exciting) Green Finance Institute, pointed out to the audience that, over the past decade, green has firmly trumped black. If you had invested in the FTSE All-World index excluding fossil fuels, she said, you would have outperformed the index by 5.5 percentage points in the five years to March 2018. If you had invested in the FTSE Environmental Opportunities All-Share index you would have outperformed the FTSE Global All Cap index by 14.5 percentage points.
TOKYO/HONG KONG, Sept 13 (Reuters) - Asian stocks climbed to their highest in six weeks on Friday, as signs of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped to calm fears of a global economic slowdown. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.5% to their highest since Aug. 1, while Japan's Nikkei rose more than 1.0% to four-month highs. Markets in mainland China and South Korea were closed for public holidays.
Ovo has struck a £500m deal to buy the household business of larger rival SSE in a bold move that will make it Britain’s biggest energy supplier behind British Gas. Founded by former City trader Stephen Fitzpatrick a decade ago as a challenger to the so-called big six energy companies, Bristol-based Ovo will be propelled into the top flight with an 18 per cent market share, just behind British Gas on 19 per cent. It is currently the seventh-largest supplier, with 5 per cent of the market.
It was yet another day of gains for the majors as they approach record levels. As market risks abate it may well be a return to the stats for direction.
Sep.12 -- Bruce Richards, chairman and chief executive officer at Marathon Asset Management, discusses the European Central Bank's latest rate decision, investing in Europe, the possibility of a U.S. recession, and high-yield bond investing. He speaks on "Bloomberg Markets: European Close."
Yahoo Finance's Alexis Christoforous, Brian Sozzi and Jared Blikre discuss what's moving the markets with Dave Tayeh, Investcorp Head of Private Equity North America and Tony Bedikian, Citizens Bank Managing Director and Head of Global Markets around Thursday's opening bell.
Visa stock ran on the Dow Jones today, as LKQ and Activision lead as stock turn mixed early Thursday, despite a positive ECB vote and fresh trade war news.
Global markets rise on trade hopes and stimulus plans, the S&P; 500 is striking distance from new all-time highs.
European stocks move higher on Thursday after the European Central Bank delivers fresh stimulus in the form of a deposit-rate cut and fresh asset buying plans.
Helping out were signs of easing tensions between the U.S. and China, after President Donald Trump tweeted that he will delay implementing higher tariffs on $250 billion of Chinese goods for two weeks as a “gesture of good will.”
Asian stocks advanced to a six-week high on Thursday on hopes for a thaw in U.S.-China trade relations and expectations that the European Central Bank would kick off another wave of monetary easing by global central banks. Australian shares were up 0.2%.
It’s a big day for the majors. While economic data is on the heavier side, it’s all down to the ECB monetary policy decision. It’s sink or swim time…
With no material economic data due out of the Eurozone, sentiment towards monetary policy and Brexit will continue to test the majors on the day.
European stocks declined on Tuesday ahead of key central bank and trade meetings, with shares of France’s nuclear jewel stumbling to a two-year low after revealing trouble at a subsidiary.
Boris Johnson is trying again for an election in Britain, meanwhile the Prime Minister is tabling a second vote in parliament later today. Yahoo Finance's Oscar Williams-Grut joins The First Trade to discuss.
While China trade data from the weekend was a negative, PBoC support and expectations of support from the ECB and FED placated the majors early…
A material shift in the geopolitical landscape provided much-needed support. Positive news from HK, Italy, the UK and China, and the U.S was key.
Yahoo Finance's Tom Belger reports on the latest news with Prime Minister Boris Johnson and Brexit. BNP Paribas Asset Management Senior Investment Strategist Daniel Morris fills Yahoo Finance's Adam Shapiro and Julie Hyman in on how markets are doing globally. Yahoo Finance's Pras Subramanian and State Street Global Advisors Deputy Global CIO Lori Heinel also join in on the discuss.
The futures markets are pointing to another day in the green. Economic data will need to impress, however, for the momentum to continue.
Turnover of CEOs at FTSE 100 companies is on pace for an all-time record in 2019, with 14 bosses having left or announced plans to leave their posts so far this year.
European markets are expected to open broadly higher on Wednesday with investors appearing to brush off escalating trade tensions between the U.S. and China.
European stocks are set to open lower Tuesday morning after the Trump administration decided to impose 10 percent tariffs on $200 billion worth of Chinese imports.
European stocks are set to open lower Monday morning, amid renewed fears over an escalating trade war between the world's two largest economies.
European stocks are set to open higher Friday morning, after an expectedly sharp interest rate hike in crisis-hit Turkey supported the lira and global risk appetite.
Equity indices across Europe are expected to open lower on Thursday morning ahead of several central bank meetings.
Bourses in Europe are set to open mixed Wednesday morning, as investor sentiment is dented by new tensions between the U.S. and China surrounding trade.
Markets in Europe are poised to start Tuesday's trading on a higher note, continuing the positive momentum seen in other global markets.
Shares in Europe are poised to start the week on a lower footing amid ongoing concerns over global trade.
European shares are expected to open slightly higher on Friday morning, but investors remain cautious amid new trade threats.
Stocks in Europe are set to open slightly lower on Thursday amid ongoing concerns over emerging markets and potential new U.S. tariffs on China.
European stocks are set to open lower Wednesday morning, as renewed fears over international trade conflicts limited investor appetite for riskier assets.
European stocks are set to open lower Wednesday morning, after emergency austerity measures in Argentina underscored the recent turbulence in emerging markets.
European stocks are set to open slightly lower Monday morning, amid heightened concerns of an escalating trade war between the world's two largest economies.
European stocks are set to open lower Friday morning, amid heightened fears of an escalating global trade war between the world's two largest economies.
European stocks are set to open slightly lower Thursday morning, as investors continue to monitor global trade talks.
European stocks are set to open slightly higher Wednesday morning, as investors continue to monitor global trade developments.
European stocks are set to open higher Tuesday morning, with risk appetite boosted by news of an agreement between the U.S. and Mexico to overhaul the North American Free Trade Agreement (NAFTA).
European stocks seen mixed ahead of a key speech by Jerome Powell, the chair of the U.S. Federal Reserve.
Stocks in Europe are expected to open lower Thursday morning after Beijing implemented new retaliatory tariffs against the United States.
European stocks are set to open lower Wednesday morning, as investors continue to monitor trade talks between the world's two largest economies.
European stocks are set to open lower Tuesday morning, as comments from President Donald Trump weigh on the dollar and test market optimism ahead of U.S.-China trade talks.
European stocks are set to open mixed Monday morning, with investors awaiting the outcome of trade talks between the world's two largest economies later this week.
European stocks are set to open slightly lower Friday morning, after news the U.S. and China have agreed to hold their first trade talks since June next week.
Bourses in Europe are expected to open higher Thursday morning following news that China has accepted an invitation from the United States to talk trade in late August.
The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period.
Shares in Europe are expected to start Wednesday's trading a touch higher as concerns over the Turkish currency crisis continue to affect investors' appetite.
European stocks are expected to open in the black Tuesday morning as concerns over Turkey's economic woes eased.
European stocks are set to open lower Monday morning, as investors monitored renewed trade tensions and a deeper slide in the Turkish lira.
European stocks are set for a mixed open Thursday morning amid a deepening U.S.-China trade dispute and a flurry of corporate earnings.
European futures traded mixed in premarket trade Wednesday, amid investors keeping a close eye on Brexit developments and corporate earnings.
European futures traded slightly higher in premarket trade Tuesday, as investors kept a close eye on trade tension and earnings.
European stocks are set to open higher Monday morning, amid a backdrop of renewed trade tensions.
Stocks in Europe are set to begin Friday's trade higher by a comfortable margin.
European markets are set for a negative open Thursday morning, while the Bank of England is expected to raise interest rates despite uncertainty over what Brexit could mean for the U.K. economy.
European bourses are set to begin trade on Wednesday in negative territory.
Major European bourses are set to open in the red by a slim margin on Tuesday ahead of a slew of data and corporate releases.
European markets are set to begin the week on the back foot, with all major bourses expected to open in the red.
European markets are expected to begin Monday’s session on a negative note, mimicking weaker trading in markets overseas.
Shares in Europe are poised to open lower Friday following remarks from President Donald Trump about the Federal Reserve.
European shares are set to start Thursday’s trading session on a mixed note, as investors await further corporate results and digest political events.
European shares are set for a strong open on Wednesday carrying on the positive sentiment that kickstarted on Wall Street.
Stocks in Europe are poised for a mixed open Tuesday as investors await further corporate results and remarks by Federal Reserve Chairman Jerome Powell.
European shares are expected to open mostly higher Monday as investors focus on earnings and monitor an upcoming meeting between the United States and Russia.
European stocks are set to open higher Friday morning, tracking overnight gains on Wall Street amid elevated expectations of strong U.S. earnings.
European stocks are set to open higher Thursday morning, as markets consolidated steep losses from the previous session when heightened fears of an escalation to the U.S.-Sino trade war soured investor sentiment.
European shares are poised for a lower open Wednesday morning after U.S. authorities unveiled a new list of Chinese products that could see new tariffs.
Markets in Europe are poised to start Tuesday’s trade on a higher note as investors focus on upcoming corporate earnings and put trade and political tensions aside.
European equities are expected to start the trading day higher as investors monitor developments on trade and react to news that the U.K.’s chief Brexit negotiator has resigned from his post.
European stocks are set to open lower Thursday morning, with market players in a state of anxious uncertainty ahead of a U.S. deadline to impose tariffs on Chinese products.