worldmarkets
Equity markets across Europe ended lower on Thursday, erasing most of the gains made earlier in the week. Major European indices faced a reality check due to the ripple effect from Wall Street, which experienced a swift retracement following a surge on Wednesday. Additionally, disappointing earnings results from Siemens added further downward pressure on the markets. Over the five-day trading period, the FTSE 100 rose by 0.68%, the Euro Stoxx 600 climbed 1.26%, the DAX advanced by 0.21%, while the CAC 40 fell by 0.54%. Energy stocks were the biggest laggards over the past five trading days, wi...
Euronews (English)
Dutch Central Bank President Klaas Knot emphasised the likelihood of a June European Central Bank (ECB) rate cut and the critical need for deeper capital market integration to unlock the full potential of Europe's single market. Speaking at a high-level forum in Amsterdam hosted by the Foreign Bankers Association, where Federal Reserve Chair Jerome Powell was also featured, Knot indicated that Frankfurt is prepared to "gradually take its foot off the brake" based on supportive economic data. "If the incoming data confirms the current trends, it would be appropriate to start reducing restrictio...
Euronews (English)
Gold has surged by 14% year-to-date, outpacing the 10% rally of the S&P 500 this year. Gold futures peaked at an all-time high of $2,413 per ounce on 19th April, while spot gold reached a fresh peak of $2,1392 per ounce on the same day. Following a two-week retracement, the precious metal's price saw a swift rebound last week, rising by $60 per ounce to surpass $2,360 on Monday. It's notable that gold's price was just above $1,800 per ounce at its recent lows in early October 2023. From an investment perspective, gold is typically favoured during uncertain times, such as financial crises, war,...
Euronews (English)
Some pivotal economic data will be lined up and drive the financial market sentiment this week. Investors will focus on the Eurozone's flash first-quarter GDP and the final CPI for April. More importantly, the US is also set to release its April inflation data, which is the primary economic indicator for the Federal Reserve (Fed) in determining interest rates, in turn, impacting investment sentiment. EuropeThe European Commission (EC) will release its second economic forecast on Monday this week. In February, the organisation downgraded its 2024 growth outlook to 0.9% for the EU and 0.8% for t...
Euronews (English)
European stock markets are poised for a positive weekly close with the FTSE 100 repeatedly refreshing new highs, amid growing bets for central banks to cut interest rates this year. Globally, Wall Street is on track for a three-week winning streak due to a setback in the US government bond yields. Asian stocks are mostly higher, supported by China's encouraging economic performance. EuropeOn a weekly performance, the FTSE 100 rose by 2.56%, the Euro Stoxx 600 climbed 2.47%, the DAX advanced by 4.38%, and the CAC 40 added 3.45%. The European stock market rally is broad-based, with all the secto...
Euronews (English)
European stocks are poised for a mixed close with the Euro Stoxx 600 and the DAX facing pressure, while the FTSE 100 is higher for the week. Meanwhile, Wall Street has witnessed a volatile week amidst the Federal Reserve meeting and the quarterly results of major tech companies. Asia stands out as the top performer, notably the Chinese stock markets. EuropeOver a five-day trading period, the FTSE 100 rose by 0.4%, whereas the Euro Stoxx 600 saw a decline of 0.5%, and the DAX slipped by 1.4% The stock markets in the eurozone experienced pressure attributed to underperformance in several major s...
Euronews (English)
Tesla reported its first-quarter (Q1) earnings results that significantly missed analysts’ expectations. However, the company’s shares jumped more than 10% in after-hours trading in the US as CEO Elon Musk indicated that the mass production for affordable EVs would possibly be launched sooner than expected. He also expressed optimism towards the energy storage expansion and the development of AI training for self-driving. Tesla posts the deepest revenue drop in over a decadeIn the first quarter, Tesla's revenue came in at $21.3 billion, falling short of the estimated $22.3 billion, marking a 9...
Euronews (English)
Reflecting Wall Street’s trajectory, European stock markets declined for the third consecutive week amid prevailing risk-off sentiment. The ongoing conflict in the Middle East and a hawkish stance from the Federal Reserve (Fed) continued to weigh on equity markets, prompting investors to seek haven assets such as gold. This week, soured sentiment may continue dominating the market as leading tech companies from Europe and the US prepare to report quarterly earnings. On the economic front, major global economies will unveil their flash manufacturing and services PMIs for April, providing insigh...
Euronews (English)
At the time of writing (13:17 CET), Germany's Dax was down 1.39% at 17,778.64 points, France's CAC 40 declined 1.29% to 7,944.92, while the UK's FTSE 100 was also in the red, falling 1.42% to 7,851.74 points. The data reflected a hesitant day of trading across the continent as market participants followed Middle East updates on any potential escalation between Israel and Iran. It comes after Iran unleashed a barrage of 300 aerial drones and missiles toward Israel in a retaliatory move. While Israeli defences, bolstered by support from the US, UK, and European allies, reportedly neutralised 99%...
Euronews (English)
Losses in 2023 for Trump Media & Technology Group — whose flagship product is Truth Social — mark a stark decline compared with the profit of $50.5 million (around €46.7m) that the former president’s company reported for 2022, according to a company filing with securities regulators. Revenue for Trump Media came in at $4.1 million (around €3,7m) in 2023, the SEC filing shows, although that’s up from $1.5 million (around €1.3m) in 2022. After merging with a blank-check company called Digital World Acquisition Corp., Trump Media began trading on 26 March on the Nasdaq stock market in the US unde...
Euronews (English)
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら