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European stocks are expected to open sharply lower on Monday amid concerns over the ability of Spain’s regions to pay their debts. On Friday, Spanish stocks fell by nearly 6 percent on news that Valencia had requested aid from the Spanish government to help it meet debt repayments.
European shares were called lower on Friday tracking Asian markets overnight after corporate earnings in the U.S. proved a mixed bag and investors waited for euro zone finance ministers to approve an agreement to lend up to 100 billion euros ($122.5 billion) to Spain so it can recapitalize its banks.
European shares were seen opening higher on Thursday on stronger than expected corporate earnings in the U.S. which offset worries about a slowdown in the world’s largest economy and on hopes German lawmakers would approve a planned bailout of the Spanish banking system.
European shares were called to open higher on Wednesday tracking shares in Asia, on hopes of more quantitative easing in the U.S. after Federal Reserve chairman Ben Bernanke outlined a gloomy view of the U.S. economic recovery to Congress on Tuesday.
European markets were looking at a higher open on Tuesday, tracking shares in Asia higher as investors grew hopeful that Federal Reserve chairman Ben Bernanke could signal additional quantitative easing and as Spain tests investors' appetite for its debt for the first time since it announced further austerity measures.
European markets were looking at a mixed open on Monday, with investors searching for direction after Chinese premier Wen Jiabao warned at the weekend that China's economic woes will continue for some time but that the country's fundamentals remain favorable, and with the Tokyo market closed due to a public holiday.
European shares were called to open higher on Friday, tracking shares in Asia higher on relief that figures for second-quarter Chinese economic growth came in within expectations.
European shares are called to open lower Thursday on the back of subdued markets in Asia overnight following disappointment over the lack of any further monetary stimulus from the U.S’ Federal Reserve.
European markets were set for a mixed open on Wednesday as fears the economic slowdown would feed into second-quarter corporate earnings increased and investors remained unconvinced the euro zone could get its house in order to bring down the borrowing costs of countries such as Spain and Italy.
European shares were seen opening flat on Tuesday after euro zone finance chiefs agreed to give Spain an extra year to cut its budget deficit to 3 percent, while European Central Bank (ECB) President Mario Draghi left the door open to a further cut in euro zone interest rates if economic conditions worsened.
European shares were set for a mixed open on Monday ahead of a euro zone finance ministers meeting in Brussels to flesh out plans to reinforce the single currency.
European markets were called to open lower on Friday after new stimulus measures announced by central banks failed to inspire investor confidence and markets waited for a crucial U.S. employment report.
European shares are called to open the trading day lower as markets remain cautious ahead of interest rate decisions from the European Central Bank (CNBC EXPLAINS) and the Bank of England.
European shares are called to open the day slightly higher as trading is expected to be thinner due to the Fourth of July public holiday in the United States and the closure of markets there.
European shares are called to open higher Tuesday on the back of stronger Asian shares overnight which were boosted by renewed speculation that the Federal Reserve may yet press the stimulus button.
European shares were called to open higher on Monday as sentiment brightened at the start of the third quarter. European leaders agreed to shore up the region’s banks last week and investors turned their attention to the health of the U.S. economy.
European shares were called to open higher on Friday after European leaders agreed at a summit in Brussels to take emergency action to bring down Italy's and Spain's borrowing costs and to create a single banking supervisory body for the euro zone .
European shares were called to open flat on Thursday, with investors taking a cautious stance ahead of a summit of EU leaders in Brussels.
European shares were called to open slightly higher on Wednesday after closing flat in the previous session as investors waited on the sidelines ahead of a summit of European leaders on Thursday.
European shares are called to open slightly higher Tuesday, clawing back some of the losses recorded on Monday when shares posted their worst one-day fall in more than three weeks on concerns that a summit of European leaders later this week will fail to find a solution to the crisis.