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Archive Europe Markets

  • *Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh. LONDON, June 28- The euro hit a 1- year high on Wednesday and German 10- year Bund yields continued to rise after doubling the previous day, as bets grew that the European Central Bank is readying to scale back its 2- trillion-euro stimulus programme. The euro was eyeing up $1.14 and was at a 7- month high...

  • LONDON, June 28- Gold prices rose on Wednesday as the dollar weakened and stock markets fell after a delayed U.S. healthcare bill increased doubts about President Donald Trump's ability to pass economic stimulus measures. The dollar sank to its lowest since November as Japan's yen strengthened and the euro hit a one-year high when European Central Bank...

  • LAGONISSI, Greece— Greece is on target to tap bond markets for money again by the end of this year and exit its bailout program next summer, representatives from the country's European creditors said Wednesday. "Greece is entering the final year of the program with a real opportunity to regain market access and actually end the program on schedule in August next...

  • LONDON, June 28- Emerging stocks retreated on Wednesday, taking their cue from Wall Street losses amid rising U.S. and German bond yields and expectations that the Fed and ECB will soon cut back on stimulus. European Central Bank chief Mario Draghi has signalled that a stimulus reduction could get underway as soon as September, while the U.S.

  • *France's Legrand boosted by U.S. acquisition. LONDON, June 28- Slumping technology stocks after a global cyber attack and depressed crude oil prices cast a cloud over European shares on Wednesday, sending them to their lowest in two months. Anti-virus provider Sophos fell 4.9 percent, a top UK mid-cap faller, and security firm NCC Group slid 2.1 percent.

  • *Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh. LONDON, June 28- The euro hit a 1- year high on Wednesday and German 10- year Bund yields continued to rise after doubling the previous day, as bets grew that the European Central Bank is readying to scale back its 2- trillion-euro stimulus programme. The euro was eyeing up $1.14 and was at a 7- month high...

  • TOKYO, June 28- Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare reform vote, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could trim its stimulus this year. Financial spreadbetters see weaker openings for European markets, with Britain's FTSE 100,...

  • HONG KONG— A global stock market sell-off pulled shares lower in Asia on Wednesday as investors grew cautious following losses on Wall Street sparked by a delayed health care vote. Sentiment was dented in Europe by speculation that European Central Bank stimulus may be wound down if conditions improve. CENTRAL BANKING: European Central Bank President Mario...

  • BENGALURU, June 28- Gold prices firmed on Wednesday as the dollar struggled and shares weakened after a vote on U.S. healthcare reforms was postponed and European Central Bank President Mario Draghi hinted the ECB could trim its stimulus this year. Asian shares slumped on Wednesday after Wall Street was knocked hard as U.S. Senate Republican leaders delayed a...

  • TOKYO, June 28- Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare reform vote, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could trim its stimulus this year. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent in early...

  • *Trump agenda in focus as U.S. Senate delays healthcare vote. Stocks on Wall Street finished at session lows after a planned U.S. Senate vote on a healthcare revamp bill was postponed. The euro peaked for the day at a 10- month high of $1.1349 after the delay in the U.S. Senate vote.

  • *U.S. shale CEO sees Saudi Arabia moving to lift oil prices. *OPEC to consider options at July meeting in Russia. NEW YORK, June 27- Oil prices rose nearly 2 percent and hit a one-week high on Tuesday, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week.

  • NEW YORK, June 27- The euro rallied against the U.S. dollar on Tuesday after European Central Bank President Mario Draghi fueled market expectations the ECB will reduce stimulus later this year, while the dollar's weakness helped lift crude prices. The dollar weakened further and stocks fell after a planned U.S. Senate vote on a healthcare revamp bill was...

  • *Investors focus on Yellen's talk in London. June 27- Wall Street was lower in early afternoon trading on Tuesday as technology stocks continued to slide while investors focused on Federal Reserve Chair Janet Yellen's talk in London. Alphabet fell 1.6 percent to $956.68 after EU antitrust regulators hit the tech giant with a record $2.7 billion fine.

  • *Italy's Carige bucks positive banks on capital worries. MILAN/ LONDON June 27- Hawkish comments from European Central Bank President Mario Draghi hit interest rate-sensitive utilities shares on Tuesday, dragging down European indexes, while a warning from auto parts supplier Schaeffler hit the whole sector. Shares in Spanish power network operator Red...

  • *U.S. shale CEO sees Saudi Arabia moving to lift oil prices. *OPEC to consider options at July meeting in Russia. NEW YORK, June 27- Oil prices rose about 2 percent on Tuesday and hit a one-week high, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for the third consecutive week.

  • LONDON, June 27- German short-dated bond yields jumped to their highest in a year, and the euro hit a nine-month peak, on Tuesday after ECB chief Mario Draghi opened the door to tweaks in the bank's ultra-easy monetary policy as the economy recovers. Speaking at a European Central Bank conference in Sintra, Portugal, Draghi said deflationary forces had been...

  • *Yellen to participate in a discussion at 1 p.m. ET. June 27- The S&P 500 and the Dow Jones Industrial Average pared early losses in late morning trading on Tuesday as bank and consumer stocks rose on robust consumer confidence data, while the Nasdaq Composite was dragged lower by a fall in technology shares. "The consumer remains confident and given that consumers...

  • *OPEC to consider options at July meeting in Russia. LONDON, June 27- Oil prices rose for a fourth consecutive session on Tuesday, boosted by a weaker dollar, but worries over persistent oversupply capped gains. Brent crude futures, the international benchmark for oil prices, gained 46 cents to $46.29 per barrel by 1356 GMT.

  • APPETIZING RESULTS: Darden Restaurants rose 3.3 percent after the chain reported earnings that were better than analysts expected. The stock added $2.98 to $93.06. DIALING A DEAL: Sprint climbed 5.8 percent following a published report suggesting the mobile phone company is in talks with Charter Communications and Comcast Corp. on a deal that could enable...