European shares turned negative in morning trade on Thursday after surveys showed major economies in the region witnessed a contraction in their manufacturing activities and German business climate deteriorated.
European shares are called to open the trading day higher despite a lackluster European Union summit that found Greece being urged to stay in the euro zone but to honor commitments to its bailout agreement.
Wednesday, 23 May 2012 | Posted By:
| Source: CNBC.com
European shares were called to open lower sharply lower on Wednesday as investor caution replaced hope ahead of an unofficial European Union summit in Brussels to discuss policy responses to the euro zone crisis.
Tuesday, 22 May 2012 | Posted By:
| Source: CNBC.com
European shares were set to open higher on Tuesday as investors came to the conclusion that the markets were most likely over-sold and news emerged overnight of around 100 billion euros ($127 billion) of liquidity provided by the European Central Bank to the Greek central bank to prop up Greece’s financial system.
Dutch voters are turning against austerity measures and euro zone bailouts, issues which are expected to dominate the political debate ahead of a general election on September 12, an opinion poll published on Sunday showed.
Monday, 21 May 2012 | Posted By:
| Source: CNBC.com
European shares were called to open lower on Monday after world leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's debt crisis.
Despite efforts at official reassurance, no one really knows the consequences of a Greek exit from the euro zone, or how rapidly big countries like Spain and Italy, and their banks, will feel the effects, The New York Times reports.
Friday, 18 May 2012 | Posted By:
| Source: CNBC.com
European shares were headed for another day of losses on Friday, ending a dismal week in which the euro zone debt crisis dragged equity markets to new 2012 lows.
Thursday, 17 May 2012 | Posted By:
| Source: CNBC.com
European shares signaled a slight rebound on Thursday but the ongoing problems in Greece still weighed on sentiment as the country announced a second round of elections would be held on June 17 and European leaders talked of a Greek departure from the euro zone.
European shares closed broadly lower on Wednesday as concerns around Greece's political and financial crisis sapped risk appetite and with strategists advising investors to buy defensive stocks.
Wednesday, 16 May 2012 | Posted By:
| Source: CNBC.com
European shares are called to open lower as the Greek political crisis weighs on investor sentiment. Greek political parties failed to form a government on Tuesday, opening the door to fresh elections in June, which could result in the country leaving the euro zone.
European shares provisionally closed at their lowest level since the start of 2012, led by a fresh slide in euro zone banks, after attempts to form a government in Greece collapsed.
Monday, 14 May 2012 | Posted By:
| Source: CNBC.com
European shares were called to open lower on Monday, with Greece looking almost certain to be headed for fresh elections as the far left Syriza party rejected further negotiations to form a coalition government.