Archive Europe Markets

  • LONDON, Feb 18- Euro zone bond yields held near to Friday's closing levels after further dovish comments from ECB officials over the weekend offset the boost to risk sentiment prompted by stronger Asian stock markets on the back of progress in China- U.S. trade talks. ECB policymakers Francois Villeroy de Galhau and Olli Rehn added to dovish comments from...

  • *U.S.- China trade talks to resume in Washington next week. NEW YORK, Feb 15- Oil prices climbed more than 2 percent on Friday after an outage at Saudi Arabia's offshore oilfield boosted investor expectations for tightening supply. The international Brent crude benchmark rose $1.51, or 2.3 percent, to $66.08 a barrel, the highest since November 2018, by 12:34 p.m....

  • *FTSE 100 up 0.6 pct. *FTSE 250 up 0.1 pct. Feb 15- Britain's FTSE 100 rose for a fifth straight session and posted its third straight week of gains amid a broader rally in global markets on Friday on news of progress in the Sino-U.S. trade talks.

  • NEW YORK, Feb 15- Progress in the U.S.- China trade talks helped send world stock markets broadly higher on Friday and pulled investors out of the safety of government bonds. China and the United States reached a consensus in principle on some key issues during the talks, China's state news agency Xinhua said on Friday. "The next potential steps in the U.S....

  • *FTSE 100 up 0.2 pct. *FTSE 250 turns flat after early losses. Feb 15- Defensive stocks led Britain's FTSE 100 on Friday as it headed for a third straight week of gains following a string of upbeat results and hopes of progress in U.S.- China trade talks.

  • PARIS, Feb 15- Shares in French media conglomerate Vivendi rose on Friday to the top of the Paris stock market, after a strong set of group-level earnings and results at Vivendi's UMG music arm. The stock was the best performer on France's benchmark CAC-40 index, which was up 0.7 percent. Vivendi's core 2018 operating profit jumped about 25 percent to 1.29 billion...

  • *German equities fall after weak China data. LONDON, Feb 15- European shares recovered on Friday after weak U.S. and Chinese economic data earlier sent global equity markets into a dive. Germany's main stock index, which is exposed to the Chinese economy because of its large number of exporters, was down 0.2 percent by 0932 GMT.

  • LONDON, Feb 15- Weak inflation data from China sent European stocks slipping further on Friday, with car shares and Germany's DAX the worst hit. The German index, the most sensitive to China due to its large share of exporters, fell 0.6 percent with car manufacturers BMW, Daimler, and Volkswagen leading losses. Europe's STOXX 600 managed, barely, to hover flat as gains...

  • *Eyes on U.S.- China trade talks, meeting with Xi. TOKYO, Feb 15- Asian stocks fell on Friday, retreating from four-month highs after data out of China raised concerns over deflationary pressures building in the world's second biggest economy. That offsetting some cautious optimism over trade talks in Beijing between the United States and China.

  • TOKYO, Feb 15- Asian stocks fell on Friday after weak U.S. retail sales figures raised fresh doubts about the strength of the world's largest economy, offsetting optimism towards trade talks between the United States and China. There has been no decision to extend a March 1 deadline for a deal, White House economic adviser Larry Kudlow said on Thursday.

  • TOKYO, Feb 15- Asian stocks slipped on Friday after grim U.S. retail sales figures raised fresh doubts about the strength of the U.S. economy, offsetting optimism on trade talks between the United States and China. Japan's Nikkei dropped 1.1 percent while MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.25 percent in early trade, with South...

  • "Between supply issues out of Venezuela and Saudi Arabia and implications for demand swirling around the market as a result of the US-China trade war... the crude oil and distillate markets have been subjected to a tug-of-war that has kept prices severely range-bound," said David Thompson, executive vice-president at Powerhouse, an energy-specialized...

  • NEW YORK/ LONDON, Feb 14- Arabica coffee futures on ICE slid on Thursday, with both the March and May monthly contracts setting new contract lows as a weaker currency in top grower Brazil weighed on the market. *March arabica coffee settled down 1.05 cents, or 1.1 percent to 97.85 cents per pound, after dipping to 97.05, the lowest for the March monthly contract.

  • NEW YORK, Feb 14- The steepest decline in U.S. retail sales since 2009 in December halted a broad rally in world stock markets on Thursday and pushed investors into the safety of government bonds. "The numbers were a bit of a surprise on the downside and that is critical because this is for December and it suggests that people weren't spending enough on holiday sales...

  • NEW YORK, Feb 14- The steepest decline in U.S. retail sales since 2009 in December erased broad gains in world stock markets on Thursday and pushed investors into the safety of government bonds. "The numbers were a bit of a surprise on the downside and that is critical because this is for December and it suggests that people weren't spending enough on holiday sales...

  • The largest drop in U.S. retail sales in almost a decade hit stocks in Europe, with Warsaw's bluechip index dropping to a one-month low as it shed about 1 percent by 1445 GMT. Budapest's index fell almost half a percent and danced around the 40,000- point line, even though Hungary reported a pick-up in economic output growth to an annual 5 percent in the last quarter...

  • *FTSE 100 up 0.4 pct. *FTSE 250 up 0.1 pct. The FTSE 100 rose 0.3 percent by 0959 GMT and the FTSE 250 was up 0.1 percent.

  • LONDON, Feb 14- Optimism about U.S.- China trade talks and strong results from Nestle, AstraZeneca and Airbus helped European shares extend their winning streak on Thursday to hit their highest in three months. The pan-European STOXX 600 was up 0.5 percent at 0938 GMT, with Paris' CAC 40 up 0.6 percent, and London's FTSE 100 up 0.4 percent. "Given that on this occasion...

  • Feb 14- Emerging markets stocks and currencies were subdued on Thursday, awaiting cues from Sino-U.S. trade negotiations as they move to higher level talks, while possible sanctions on Russia hurt shares and the rouble. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer are to lead continuing trade negotiations in Beijing on...

  • Apple CEO Tim Cook looks on at an Apple Store on September 20, 2013 in Palo Alto, California.

    Apple said Thursday that it will resume selling older iPhone models in its stores in Germany.