By Muvija M and Shashwat Awasthi (Reuters) - UK shares slipped on Wednesday as fresh worries about global economic growth weighed on oil stocks while a stronger pound also pulled down multinational stocks, ...
Japan's December exports fall to the lowest level in two years, thanks to a sharp decline in China shipments, while the BoJ cuts inflation forecasts and pledges to keep 10-year rates at zero percent. White House Economic Adviser Larry Kudlow denies reports of cancelled U.S.-China trade talks, but says President Trump won't "back down' on demands for structural changes. Global crude trades higher as investors bet on potential China stimulus to kick-start demand in the world's biggest energy importer.
LONDON MARKETS Shares of London-listed challenger bank Metro Bank PLC (UK:MTRO) plunged 28% on Wednesday, following poor fourth-quarter earnings, while continued uncertainty over global trade weighed on the broader U.
European stocks were down on Wednesday, as fears over the global economic slowdown continued to spook investors
By Julien Ponthus LONDON (Reuters) - European shares dipped on Wednesday morning as a new batch of corporate updates prompted fresh concerns, particularly on the tech sector, and added to worries about ...
European stock markets open slightly lower Wednesday morning as uncertainty over the state of Sino-U.S. trade talks dominates sentiment.
The FTSE 100 company stuck to its production estimate for the coming year and forecast higher capital spending in 2019 of $1.2 billion, which it said would go partly towards the expansion of its flagship Los Pelambres mine in Chile. The mine already pumps out about half of Antofagasta's copper output. Antofagasta's fourth-quarter production jumped to 220,000 tonnes from 177,800 tonnes reported a year earlier.
DAX index is set to decline across today’s market hours on cues from international market and dovish investor sentiment in the local market.
Asian stocks trod water on Wednesday as concerns over the outlook for global economic growth and the ongoing Sino-U.S. trade war kept investors away from riskier assets. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.15 percent, stalling after climbing to a seven-week high on Monday. Australian stocks lost 0.25 percent and Japan's Nikkei shed 0.1 percent.
Trading was expected to be cautious in Europe Wednesday amid uncertainty over trade talks between the world's biggest economies, the U.S. and China, after reports emerged that the White House cancelled a trade planning meeting with Beijing. Elsewhere, officials from the Chinese finance ministry said Wednesday that Beijing will boost fiscal expenditure in 2019 to bolster the country's economy, Reuters reported.
The British pound has become more appealing to some investors as they bet that the probability of extending the Brexit negotiating period, or a second referendum on the U.K.’s divorce from the European Union, is becoming more likely. Some are also betting on a lower chance of a so-called hard Brexit, in which the U.K. leaves the EU without an agreement in place, hurting the pound. Sterling is up 2.1% so far this year against the euro and 1.2% versus the dollar, having risen on Monday after Prime Minister Theresa May laid out a “Plan B” for leaving the EU, a week after British lawmakers rejected her withdrawal deal by a historic margin.
By Shashwat Awasthi (Reuters) - Britain's FTSE 100 posted its worst day in nearly a month on Tuesday as renewed global economic slowdown worries sparked a sell-off across the U.S., Asian and European markets ...
New Oriental Education & Technology reports strong second fiscal quarter results
By Julien Ponthus and Helen Reid LONDON (Reuters) - European shares extended their slide on Tuesday as growth worries weighed on global markets while results from Switzerland's UBS dragged on the banking ...
If a general election were held, the opposition Labour Party, under left-wing leader Jeremy Corbyn, would have a chance of winning it, ushering in its program of nationalization and higher government spending.
European and Asian markets are losing ground on Tuesday due to fears around global slowdown. By the start of trading in the U.S., futures on the S&P 500 lost 0.4%, as much as they lost on Monday.
LONDON MARKETS The FTSE 100 struggled on Tuesday, as the London banking sector came under pressure after earnings from Swiss bank UBS Group AG fell short of analysts’ expectations. Energy stocks were also weaker as oil prices fell on continued concerns about global growth, most recently sparked by a warning from the International Monetary Fund and Chinese data reported Monday.
British bank Barclays (BARC.L) has warned nearly 300 staff they could face redundancy or relocation from its Millshaw Court call centre in Leeds, northern England, following unspecified "changes to its business". The FTSE 100 (.FTSE) lender said it had informed 280 staff at the office that their roles were at risk, with around 115 of the roles possibly relocating to Manchester or Liverpool in northwestern England, and the northeastern English city of Sunderland. Barclays declined to give further reasons for the possible layoffs but British banks have broadly been pursuing deep cost-cutting initiatives in recent years in the face of intensifying competition in UK lending and tighter profit margins.
British bank Barclays (BARC.L) has warned nearly 300 staff they could face redundancy or relocation from its Millshaw Court call center in Leeds, northern England, following unspecified "changes to its business". The FTSE 100 (.FTSE) lender said it had informed 280 staff at the office that their roles were at risk, with around 115 of the roles possibly relocating to Manchester or Liverpool in northwestern England, and the northeastern English city of Sunderland. Barclays declined to give further reasons for the possible layoffs but British banks have broadly been pursuing deep cost-cutting initiatives in recent years in the face of intensifying competition in UK lending and tighter profit margins.
European stocks were down on Tuesday, after investor fears returned over the state of the global economy — with concerns over China growth at the front of that. Swiss bank UBS Groups AG (CH:UBSG) missed profit expectations, putting the European banking sector under pressure.
European stock markets opened in negative territory on Tuesday morning amid concerns on slowing global growth.
DAX index is expected to resume with yesterday’s declines as economic data forecast indicates slowdown in German economic activity and dovish investor sentiment as the market is yet to recover from the impact of IMF growth forecast.
London's FTSE 100 (.FTSE) closed 0.03 percent higher after hitting near session lows with sterling gaining ground following May's comments that she would seek further concessions from the EU on a back-up plan to avoid a hard border in Ireland. Trading on Monday was muted as U.S. markets remained closed for Martin Luther King day and volumes in both British indexes were a little over half the 90-day average daily turnover. Sterling (GBP=D3) hit session highs against the U.S. dollar after May promised to be more open with parliament in negotiating the country's future relationship with the European Union.
European shares slipped on Monday from six-week highs after China's fourth-quarter growth figures confirmed a slowdown in the world's second-biggest economy, with 2018 its weakest year since 1990. The pan-European STOXX 600 (.STOXX) fell 0.3 percent and Germany's exporter-heavy DAX (.GDAXI) dropped 0.6 percent while U.S. markets were closed for Martin Luther King Day. "Even with the Chinese data dump that greeted the European markets at Monday’s open, the session turned out to be a bit of a snooze, lacking an injection of energy from the U.S.," Connor Campbell, an analyst at Spreadex, said.
Sterling firmed up to the day's highs on Monday after British Prime Minister Theresa May promised to be more open with parliament in negotiating the country's future relationship with the European Union. A lawmaker from the DUP said the border "backstop" remained the fundamental problem with her Brexit divorce deal that she must focus on changing.
European markets fell on Monday, after China announced its economy had expanded at the slowest annual pace since 1990
The European Union's dilly-dallying on trade and investment issues with China is incomprehensible, Michael Ivanovitch writes.
DAX index is expected to move range bound on cautious investor sentiment as key Brexit issues are likely to be addressed in UK parliament today. But markets bulls are expected to be supported by cues from the Asian market.
The pan-European Stoxx 600 index sank around a quarter percent on Monday, with most sectors and major bourses in the red. China's 2018 GDP grew 6.6 percent from the previous year, in line with analyst expectations but at its most sluggish rate in almost three decades. British Prime Minister Theresa May's announcement of a "Plan B" for Brexit failed to deliver much new for traders to consider.
European markets were up on Friday, after reports that the U.S. is considering reducing tariffs on Chinese imports raised investor hopes
BEIJING (AP) — Global stocks rose Friday after investors saw signs of possible progress toward a resolution of the U.S.-Chinese tariff war.
DAX to trade positive on increased risk appetite in broad market.
The pan-European Stoxx 600 was up almost 1 percent during mid-morning deals, hitting its highest level since December 5. Market focus is largely attuned to global trade developments, after the Wall Street Journal reported Thursday that U.S. Treasury Secretary Steven Mnuchin proposed lifting all or some of the tariffs on Chinese imports. European stocks were higher Friday morning, after a report of progress on U.S.-China trade talks raised hopes of a breakthrough in their long-running dispute.
Spreadbetters expected European stocks to take their cue from Asia, with Britain's FTSE seen rising 0.45 percent, while Germany's DAX and France's CAC were tipped to each gain 0.5 percent. The Wall Street Journal reported on Thursday that U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for Jan. 30.
BEIJING (AP) — Chinese stocks rose Friday on signs of possible progress in negotiations over Beijing's tariff war with Washington.
Stocks came under modest pressure early Thursday, as earnings misses from Morgan Stanley and CSX weighed, and the Dow Jones industrials faced a key test.
EUROPE MARKETS European indexes were in the red on Thursday, as French bank Société Générale SA announced it expected its fourth-quarter capital markets revenues to fall by around 20%. In the U.K., Prime Minister Theresa May has survived a no-confidence vote, freeing her to start cross-party discussions on finding a way forward on Brexit.
A weak earnings report from Morgan Stanley had US futures down about -0.35% in the early pre-market session. The UK FTSE 100 was the biggest loser in early Thursday trading, down more than -0.80% at midday. In Asia, the Hang Seng led the losses as traders and investors take advantage of the liquidity event.
Mixed cues from Asian markets and bearish investor sentiment in European market are likely to pressure dax into bearish price action.
The pan-European Stoxx 600 edged down around 0.1 percent during mid-morning deals, with almost all sectors and major bourses in negative territory. Europe's banking index was among the worst performers Thursday morning, down around 0.6 percent amid earnings news. Market focus is largely attuned to the latest Brexit developments, after Prime Minister Theresa May narrowly won a no-confidence vote late Wednesday.
Britain's blue chip stocks fell on Wednesday as a stronger pound lured investors toward cheap domestic companies and away from exporters after Prime Minister Theresa May's heavy Brexit defeat, while weak results weighed on Pearson. The prime minister's historic defeat was seen as reducing the chance of a hard Brexit even as uncertainty ahead of a no confidence vote in May's government on Wednesday evening kept volumes muted. This is the harsh reality of progress during these unprecedented Brexit negotiations," said Richard Flax, Chief Investment Officer at Moneyfarm.
U.K. lawmakers will debate a non-confidence motion in May's government later today as EU officials plead for flexibility from London to avoid a so-called "hard Brexit" on March 29. Softer industrial data from Japan, as well as reported comments on U.S.-China trade talks, keeps Asian markets in check, while a weaker euro boosts European stocks in early trade. U.S. equity futures suggest a modestly firmer open, with the S&P 500 called 2.3 points higher, ahead of key bank earnings from Goldman Sachs, Bank of America and PNC Financial.
Cues from international market are likely to underpin market bulls in German stock market but upside move could be limited owing to investors cautious stance following dovish comments from Draghi yesterday.
European stocks were slightly higher Wednesday morning, with market participants assessing their options after British lawmakers voted against Prime Minister Theresa May's Brexit deal by a crushing margin.
Britain's top share index was expected to open slightly lower on Wednesday after lawmakers defeated Prime Minister Theresa May's deal to leave the European Union by a crushing margin overnight, deepening political and market uncertainty. The FTSE 100 was seen opening 3 points lower and underperforming its European peers, according to financial spreadbetters at IG. The small drop comes as sterling eked out small gains against the U.S. dollar in early dealings, with the sizable defeat for May seen forcing Britain to pursue different options, including a delay to the exit.
Big 5 Sporting Goods issues strong earnings forecast
European markets finish higher Tuesday, in an up-and-down session, as Chinese government officials outline plans to boost the country’s sluggish economy.
European markets dropped on Monday, as investors wait for the U.K. parliament’s vote over Prime Minister Theresa May’s contentious Brexit withdrawal agreement on Tuesday
LONDON (AP) — Stock markets around the world drifted lower Monday after China reported a slowdown in exports dented the recent upturn in confidence. The British pound was steady ahead of a tumultuous week in British politics with lawmakers expected to vote against Prime Minister Theresa May's Brexit deal.
Investing.com - Here are the top five things you need to know in financial markets on Monday, January 14:
U.S. stock indexes nestled a hair lower on Friday after the falling price of oil weighed on energy companies, but the S&P 500 nevertheless closed out its third straight winning week following a brutal stretch in December. "After some of the initial gains we saw earlier in the week I think it's just a rally looking tired," said Willie Delwiche, investment strategist at Baird. The S&P 500 edged down by 0.38 points, or less than 0.1 percent, to 2,596.26.
Gains didn’t last for European stocks on Friday, with negative news for the auto sector and losses for oil majors weighing.
Federal Reserve Chairman Jerome Powell said Thursday that he is "very worried" about the ballooning U.S. debt. Prime Minister Shinzo Abe said Thursday in London that he hopes the UK and the EU will avoid a no-deal. Stocks in Europe traded slightly higher on Friday as investors tried to navigate through political uncertainty across the globe.
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.
European stocks are set to open mixed Wednesday morning, amid elevated tensions between the U.S. and China over looming trade tariffs and investment restrictions.