Weekly market recap: Record moment resumes as tech stocks lead the way
Risk-on sentiment prevailed in global markets as the Nvidia-led tech rally buoyed Wall Street, while the ECB’s rate cut sent the Euro Stoxx 600 to…
Week ahead: ECB rate decision and EU elections take centre stage
European financial markets are set to react to two major events: the European Central Bank's rate decision and the EU Parliamentary elections. ADVERTISEMENTIt will be…
Weekly market recap: Stocks retreat amidst risk-averse sentiment
Global stock markets will likely extend their weekly losses as risk-off sentiment prevails ahead of the European Central Bank (ECB) and Federal Reserve (Fed) June…
Ahead in the markets: manufacturing PMIs, UK CPI and Nvidia earnings
In the week ahead, global manufacturing PMIs, inflation data from the United Kingdom (UK), and Nvidia’s quarterly results will be in the spotlight for the…
Weekly review of the markets: investors are hit by a reality check
European stock markets declined on Thursday, reversing the surge seen earlier in the week. The overall weekly performance may end up flat as investors reassess…
EasyJet share price sinks 6% as airline announces CEO will step down
Shares in budget airline EasyJet fell 6% on Thursday morning after it announced that its CEO will be stepping down. ADVERTISEMENTThe company said Johan Lundgren…
Klaas Knot hints at ECB rate cut in June and calls for capital markets union
Klaas Knot, President of De Nederlandsche Bank, anticipates a June ECB rate cut and has advocated for deeper financial integration through the capital markets union…
Eye on the Markets: Eurozone GDP and US CPI in the Spotlight
This week, investors await the eurozone's flash Q1 GDP and final April CPI figures, alongside crucial US April inflation data, pivotal for central banks' interest…
AstraZeneca stock up despite pulling Covid-19 vaccine from European market
The pharma giant AstraZeneca has requested that the European authorisation for its Covid-19 vaccine be pulled, according to the EU medicines regulator. ADVERTISEMENTShares in AstraZeneca…
Munich Re stock rises as company cheers investors with latest earnings
A stronger operational performance and less major-loss expenses than previously thought contributed to Munich Re's latest financial results. ADVERTISEMENTShares in German reinsurance giant Munich Re…
Weekly market recap: Mixed trends amid macro signals and earnings season
Global markets this week have shown a mixed trend as investors delved into a diverse array of macroeconomic developments and company quarterly earnings. ADVERTISEMENTEuropean stocks…
Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision
This week, the financial market will centre on the Eurozone's flash CPI data for insights into the ECB's rate path, while attention will also be…
Markets rebound: Easing geopolitical tension and strong earnings bring recovery
European stock markets have bounced back after a three-week losing streak, bolstered by eased geopolitical tensions and robust corporate earnings. Meanwhile, Wall Street is also…
LVMH stock falls as consumers rein in spending on luxury goods
LVMH shares fell at market close on Tuesday after the company failed to cheer investors with its latest financial results. ADVERTISEMENTThe world’s largest luxury group, which…
European markets slump as investors weigh Middle East developments
European markets were all in the red on Tuesday afternoon as traders continued to monitor developments in the Middle East - and digest fresh economic…
Markets lookahead: risk-aversion expected to take centre stage
Geopolitical tensions and central banks’ rhetoric on monetary policy will remain the focus of market participants, also Netflix is scheduled to release its Q1 earnings…
Weekly round-up: Markets at crossroads following ECB’s rate-cut hint
The European stock markets will likely end the week in the red for the second straight week due to surging bond yields, despite the European…
The Week Ahead on the Markets as the ECB prepares for its rate decision
This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic…
Weekly round-up: European markets lose steam amid bond jitters
The European stock markets saw a decline for the week due to spiking bond yields, as some US Federal Reserve officials maintained a hawkish stance…
What’s boosting the FTSE 100? London blue-chip index climbs above 8,000
In early trade on Tuesday 2 April, the FTSE 100 index in the UK broke through the 8,000 level, setting a new record at 8,015.60.…