Archive Europe Markets

  • NEW YORK, Jan 23- Oil prices fell on Wednesday, following most U.S. stock markets lower, on concerns about global economic weakness, forecasts for record U.S. shale production and declining U.S. gasoline prices. Brent futures were down 70 cents, or 1.1 percent, at $60.80 a barrel by 1:28 p.m. EST, while the most active U.S. In addition to the stock market woes, analysts...

  • *FTSE 100 down 0.9 pct. *FTSE 250 down 0.5 pct. The FTSE 100 fell by 0.9 percent as sterling climbed to a 10- week high, effectively bringing down the value of the U.S. revenues of blue-chip exporters.

  • NEW YORK, Jan 23- A global index of stock markets turned negative on Wednesday as worries over U.S. politics, global economic growth and trade tensions offset a boost from quarterly earnings reports. "The trade conflicts and tensions, the shutdown and certainly more chatter about global growth in 2019, those are the factors that need to be hashed out before we get a...

  • *China, Japan indicate stimulus measures to boost growth. Brent futures were down $1.07, or 1.7 percent, at $60.43 a barrel by 11:58 a.m. EST, while U.S. "Today's trade is extending a daily pattern of oil moving in close tandem with swings in the equities," Jim Ritterbusch, president of Ritterbusch and Associates in Chicago, said in a report.

  • *FT report on U.S.- China talks rekindle trade worries. Trading was choppy as hopes of more stimulus measures from China to shore up its economy offset worries over progress between Washington and Beijing in resolving their trade spat. The main driver of the earlier risk-off tone was a Financial Times report that Washington had rejected an offer from Beijing...

  • *FTSE 100 down 0.1 pct. *FTSE 250 edges 0.5 pct lower. The FTSE 100 was 0.1 percent lower at 1019 GMT, off earlier lows as investors sought safety in stocks considered to be a better bet during times of economic uncertainty, including AstraZeneca, GlaxoSmithKline and National Grid.

  • BUDAPEST, Jan 23- Worries over Romania's new taxes weakened the leu further on Wednesday, which tested record lows, and as contrary to some expectations the central bank showed no sign it would to defend the currency. The leu traded at 4.7525 versus the euro at 0929 GMT, 0.4 percent weaker from Tuesday's close. Bucharest's stock index eased 0.3 percent on Wednesday,...

  • *FT report on U.S.- China talks rekindle trade worries. Trading was choppy overnight as hopes of more stimulus measures from China to shore up economic growth clashed with worries over progress between Washington and Beijing to resolve a trade spat between the world's top two economies. "The main culprit for the risk-off tone this morning is the change in...

  • *FTSE 100 down 0.4 pct. *FTSE 250 edges 0.3 pct lower. FTSE 100 was 0.4 percent lower, falling for a second day, and the mid-cap index shed 0.3 percent as of 0928 GMT, joining a broad-based sell-off across global stocks.

  • Shares in Deutsche Bank fell more than 1 percent in early trading on reports that the U.S. Federal Reserve is investigating the German lender's role in a money laundering scheme.

  • Participants of the World Economic Forum (WEF) annual meeting travel on a golf buggy next to the Congress Center in Davos on January 20, 2015.

    European stock markets took cues from a whipsaw in U.S. markets.

  • *Brazil markets fall as president fails to detail pension reforms. The MSCI Index of Latin American shares fell nearly 1 percent, with Brazil stocks shedding 0.9 percent, and Argentine equities tumbling 3.6 percent and posting their biggest one-day loss in more than one month. In Brazil, consumer stocks were the biggest losers with meat distributors Marfrig...

  • *Wall Street lower after long holiday weekend. Investors shunned risk assets like equities as the International Monetary Fund warned of a dimmer outlook on Monday, China confirmed its slowest growth rate in nearly 30 years, and as Brexit uncertainty continued to drag on sentiment. On Wall Street, stocks took another step lower in the wake of a report from the...

  • Wall Street lower after holiday weekend. Investors shunned risk assets like equities as the International Monetary Fund warned of a dimmer outlook on Monday, China confirmed its slowest growth rate in nearly 30 years, and as Brexit uncertainty continued to drag on sentiment. "The larger concern is slowing global economic growth," said Art Hogan, chief market...

  • *IMF cuts global growth forecasts for the second time in 3 mths. Jan 22- U.S. stocks fell on Tuesday, weighed by losses in the industrials and technology sectors, as fears of slowing global economic growth resurfaced after the International Monetary Fund trimmed its outlook in a week of heavy corporate earnings. The downgrades reflected weakness in Europe and...

  • subdued@ Jan 22- Stocks in Brazil fell on Tuesday dragged stemming from weak Chinese economic data and a lowered outlook for 2019 from the International Monetary Fund. Investor also focused on President Jair Bolsonaro's speech at the World Economic Forum in Davos, Switzerland, where he is slated to unveil details about the new government's economic reforms,...

  • *IMF cuts global growth forecasts for the second time in 3 mths. Jan 22- Wall Street's three major U.S. indexes were set to open lower on Tuesday after rallying for four straight weeks, as fears of a global economic slowdown resurfaced after the International Monetary Fund trimmed its growth outlook in a week of heavy corporate earnings. The downgrades reflected...

  • Jan 22- U.S. stock index futures fell on Tuesday, as investors were hit by fears of global economic slowdown after the International Monetary Fund trimmed its growth forecasts in a week of heavy corporate earnings. The downgrades reflected weakness in Europe and were on the same day China released data that confirmed its slowest growth rate in 28 years, adding to...

  • *FTSE 100 down 0.6 pct; FTSE 250 up 0.2 pct. Jan 22- Britain's FTSE 100 was lower in a broad sell-off across Asian and European markets on Tuesday as renewed worries about global economic slowdown hurt heavyweight energy, mining and banking stocks while easyJet surged following its results. The exporter-heavy FTSE 100 was down 0.6 percent at 1008 GMT.

  • BUDAPEST, Jan 22- Central European currencies and stocks weakened on Tuesday after the International Monetary Fund lowered its forecast for global economic growth. The decline in currencies and stocks remained muted, even though the IMF cut its growth forecast for Germany, the region's main export market. Hungary's 10.4 percent November annual gross wage...