European shares are expected to stage a modest rally on Thursday ahead of two key central bank decisions and after a strong performance on U.S. and Asian markets.
European shares gained 1.7 percent on Wednesday, snapping a two-day losing streak as banks and commodity stocks rose and a series of U.S. data releases soothed some concerns over the outlook for economic growth.
European stocks were set to bounce back on Wednesday after a two-session drop, as investors shrug off economic concerns and fresh worries over the credit crisis that had hit U.S. shares overnight.
European shares are set to open slightly lower on Tuesday, tracking U.S. and Asian markets, with the focus on an investor update from top cellphone maker Nokia.
Shares of French state-owned power provider Electricite de France went on sale Monday as the government seeks to raise about $7.4 billion to fund the nation's university system.
Euro zone factory output growth crept up in November from October's 26-month low, but is unlikely to regain its summer momentum soon, pointing to interest rates remaining on hold, a key survey showed on Monday.
European stocks were seen edging down on Monday, taking a breather after a strong three-session rally, as investors turn cautious ahead of interest rate decisions by both the Bank of England and the European Central Bank as well as key U.S. jobs figures expected later in the week.
1st paragraph of story should go here
European shares were seen opening higher on Friday, boosted by the prospect of a U.S. interest rate cut after the Federal Reserve said overnight that it would have to be "exceptionally alert" after a resurgence in financial strains had dimmed the outlook for the economy.
European stocks ended higher Thursday, following a fairly mixed session, as investors took confidence from a Federal-Reserve-induced rally in the previous U.S. trading day. But, cautionary comments by the Bank of England's Monetary Policy Committee members dragged many British banks into the red.
European shares are seen ticking up on Thursday to extend their sharp gains from the previous session as acquisition talk in financials and prospects of another U.S. rate cut boost global equities.
European shares jumped 2.6 percent on Wednesday, driven by a rally in recently beaten-down banks and tracking strong gains across the Atlantic, where hopes of a U.S. rate cut buoyed equities.
The euro's rise against the yuan is largely a reflection of a sharp drop in the dollar, and the European Union should look to Washington to resolve the problem, Chinese Premier Wen Jiabao said on Wednesday.
European shares were seen edging higher on Wednesday, reversing a two-session drop as recently battered banking shares continue to recover, tracking a rise by their U.S. peers on Wall Street overnight.
French drinks company Remy Cointreau said Tuesday that first-half profit almost halved after booking one-time gains in the previous year from asset sales.
European equities are set to start weaker on Tuesday, extending the previous session's losses as markets track sharp falls on Wall Street which was hit by credit worries.
France's Areva on Monday clinched the biggest commercial nuclear power contract on record, agreeing to sell China two reactors and to provide atomic fuel for nearly two decades in a deal worth far more than expected.
European equities were expected to gain ground on Monday, adding to a two-session recovery as investors continue to look for bargains following a selloff in the first three weeks of November.
European stocks rose for a second session in a row on Friday, as mergers and acquisitions talk prompted investors to scoop up recently battered financials and mining shares.
European shares ended in positive territory on Thursday, driven higher by pharmaceuticals after a broker upgrade of the sector, while flat commodity prices weighed on shares of mining and energy companies.