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Archive Europe Markets

  • *Euro jumps as high as $1.0940 in Asia, yen slips broadly. MSCI's broadest index of Asia-Pacific shares outside Japan tacked on 0.3 percent, while Japan's Nikkei jumped 1.4 percent as the yen retreated. The outcome lessens the risk of an anti-establishment shock on the scale of Britain's vote to quit the European Union with Macron widely tipped to win the final...

  • NEW YORK, April 23- U.S. stock index futures rose sharply on Sunday on relief that centrist Emmanuel Macron took the first round of voting in the French presidential election, reducing the prospect of an anti-establishment market shock. Macron will face far-right leader Marine Le Pen in a May 7 runoff and opinion polls on Sunday had him easily winning the final...

  • *U.S. crude dips below $50 a barrel for first time since April 4. U.S. crude futures fell below $50 a barrel for the first time in more than two weeks on renewed fears that increasing U.S. production will thwart OPEC's attempts to reduce the global oil glut. "After Brexit everyone has to be concerned," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham,...

  • *U.S. crude dips below $50 a barrel for first time since April 4. NEW YORK, April 21- Oil prices fell on Friday as oversupply concerns resurfaced, while the euro and stocks slipped ahead of the first round of the French presidential election on Sunday. "After Brexit everyone has to be concerned," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New...

  • *FTSE 100 down 0.1 pct. Prime Minister Theresa May called the early vote for June 8, sending sterling higher and erasing year-to-date gains for the FTSE. "The FTSE has obviously had a terrible week- although corporate earnings have been somewhat of a mixed bag, the snap election, while providing medium term stability for Brexit negotiations, has created some short...

  • LONDON, April 21- France's government bond yields pulled back from three-month lows on Friday, as a sense of caution set in during the final hours of trade before a close-run French presidential election. Ten-year bonds yields initially fell, with traders focusing on the final polls ahead of Sunday's first-round vote and played down the impact of the killing...

  • *France's CAC down 0.4 pct, lags Europe. LONDON, April 21- French blue-chip stocks underperformed other European benchmark indexes on Friday as investors retreated from risky bets ahead of the too-close-to-call first round of France's presidential election. "So far markets have been pretty sanguine in the face of the presidential election, which was flagged...

  • *U.S. crude dips below $50 a barrel for first time since April 4. NEW YORK, April 21- Oil prices fell on Friday as oversupply concerns resurfaced, while the euro and stocks dipped ahead of the first round in a too-close-to-call French presidential election. "Although Macron has been labeled as favorite to become the next French president, an unexpected Le Pen victory...

  • *Wall Street set to open marginally higher. LONDON, April 21- Global markets appeared largely calm on Friday, the last day of trading before the first round of France's presidential election, with French bond yields hitting a three-month low and the euro treading water against the dollar. U.S. stock index futures indicated Wall Street would also open a little...

  • *France's CAC down 0.9 pct, lags Europe. LONDON, April 21- French blue-chip stocks underperformed other European benchmark indexes on Friday as investors retreated from risky bets ahead of the too-close-to-call first round of France's presidential election. "So far markets have been pretty sanguine in the face of the presidential election, which was flagged...

  • *Asia ex- Japan stocks set for weekly loss; Nikkei higher. LONDON, April 21- Global markets appeared largely calm on Friday, the last day of trading before the first round of France's closely fought presidential election, with French bond yields hitting a three-month low and the euro treading water. Traders said this was on concern the attack could sway the vote in...

  • *FTSE 100 down 0.1 pct. Prime Minister Theresa May called the early vote for June 8, sending sterling higher and erasing year-to-date gains for the FTSE. "The FTSE has obviously had a terrible week- although corporate earnings have been somewhat of a mixed bag, the snap election, while providing medium term stability for Brexit negotiations, has created some short...

  • April 21- Hong Kong stocks edged lower in thin trading on Friday, as investors took to the sidelines ahead of the first round of a tight French presidential election on Sunday. "U.S. accounts for a small proportion in China's steel exports," said Yang Kunhe, steel analyst at Northeast Securities. Sector performance was mixed in Hong Kong, with property developers...

  • SYDNEY, April 21- Zinc led a near across-the board rise in Shanghai base metals futures on Friday on the back of robust gains in overnight London trading and buoyant equity markets. The most-traded zinc contract on the Shanghai Futures Exchange climbed more than 3 percent to 21,860 yuan a tonne. Three-month zinc on the London Metal Exchange maintained...

  • *Asia ex- Japan stocks set for weekly loss; Nikkei higher. SINGAPORE, April 21- Asian stocks were set to end the week on a positive note, unscathed by a U.S. trade probe on Chinese steel exports, while the euro remained on edge ahead of Sunday's first round in a tight French presidential election after a shooting overnight in Paris that was claimed by Islamic State.

  • *Asia ex- Japan stocks set for weekly loss; Nikkei higher. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.25 percent. On Thursday, it jumped to 1.0778, its highest level since March 29, and French stocks jumped by 1.5 percent after polls showed French centrist Emmanuel Macron easily beating far-right, anti- European Union candidate Marine Le...

  • *Wall Street boosted by earnings. NEW YORK, April 20- Stocks on major markets rose along with the euro on Thursday as a market-friendly presidential candidate led in opinion polls ahead of elections in France on Sunday. On Wall Street, stocks rose as traders continued to bet on a strong earnings reporting season.

  • Visa's shares were up 2.8 percent at $93.70 in trading after the bell on Thursday, after the company also announced a $5 billion share buyback program. Payment volumes in the United States, Visa's largest market, increased 11.7 percent to $775 billion on a constant dollar basis. Net income fell to $430 million or 18 cents per Class A share in the second quarter, from...

  • *Wall Street boosted by earnings. NEW YORK, April 20- The euro and stocks on major markets recovered on Thursday as a market-friendly presidential candidate held the lead ahead of Sunday's first-round election in France, while the yen and U.S. "They really are just focusing now on the micro, which they should be, on the earnings and what the earnings are saying," said...

  • NEW YORK, April 20- The euro and stocks on major markets recovered on Thursday as a market-friendly presidential candidate held the lead ahead of Sunday's first-round election in France, while the yen and U.S. France's CAC stock index jumped 1.7 percent on its strongest daily performance since March 1. "As we see a steady stream of earnings, on balance the season...