Archive Europe Markets

  • June 20- European stocks surged to six-week highs on Thursday, as dovish signals from the Bank of England and Federal Reserve, allied to optimism around the resumption U.S.- China trade talks, saw investors piling into riskier assets. The Bank of England, in contrast to the Fed, continues to threaten to raise and not lower rates, but its June meeting saw the Monetary...

  • Fed rate cut message adds to ECB's policy easing talk. LONDON, June 20- Euro zone government bond yields fell on Thursday, testing record lows in several cases, after the U.S. It becomes a race to the bottom for global rates markets, a race to the bottom for FX, "said Mizuho's head of rates Peter Chatwell.

  • June 20- The S&P 500 index touched an all-time high on Thursday, after the Federal Reserve indicated that it could cut interest rates as early as July to combat growing risks to global and domestic growth. Wall Street's main indexes have gained in recent weeks on expectations of a rate cut and hopes of a revival of trade talks between the United States and China at...

  • *Oil jumps after Iran shoots down U.S. drone. We have obviously morphed into the Fed taking the pole position as far whats driving the market right now, both domestically and on a global basis as well, said Mike Mullaney, director of global markets research at Boston Partners. Oil prices also surged, lifted by the Fed as well as by news that Iran shot down a U.S. military...

  • *FTSE 100 up 0.7%, FTSE 250 up 1%. June 20- London's FTSE 100 swiftly climbed to a session high as its international stocks got a lift from a hit to sterling after the Bank of England cut its economic growth forecast, adding on to earlier cheer that was brought on by the Fed's softer stance. The FTSE 100 index was up 0.7% with BP and Shell both up more than 1% after Middle...

  • Fed rate cut message adds to ECB's policy easing talk. LONDON, June 20- Euro zone government bond yields fell on Thursday, testing record lows in several cases, after the U.S. It becomes a race to the bottom for global rates markets, a race to the bottom for FX, "said Mizuho's head of rates Peter Chatwell.

  • *Bank of England policy decision at 1100 GMT. The pan-European STOXX 600 index gained 0.7% by 0940 GMT, with London's FTSE 100 underperforming ahead of a Bank of England policy statement at 1100 GMT expected to continue to point in the opposite direction on rates. Italy's FTSE MIB index was the outstanding performer of the big European markets, rallying 1%, with...

  • *Bank of England policy decision at 1100 GMT. The pan-European STOXX 600 index gained 0.7% by 0940 GMT, with London's FTSE 100 underperforming ahead of a Bank of England policy statement at 1100 GMT expected to continue to point in the opposite direction on rates. Italy's FTSE MIB index was the outstanding performer of the big European markets, rallying 1%, with...

  • TOKYO, June 20- Asian stock markets rallied on Thursday while the dollar dropped and global bond yields plunged, with the 10- year U.S. yield falling below two percent, after the Federal Reserve signalled possible interest rate cuts later this year. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.92%, led by gains in China, while Tokyo's Nikkei...

  • *MSCI global stocks index hits six-week high, Wall Street rises. NEW YORK, June 19- A gauge of global stock markets strengthened on Wednesday, bolstered by gains on Wall Street, and benchmark U.S. "I think its right in line with market expectations, puts a July cut in play, said Brett Ewing, chief market strategist at First Franklin Financial Services in Tallahassee,...

  • *MSCI global stocks index rises, Wall Street indexes up. NEW YORK, June 19- A gauge of global stock markets added to gains on Wednesday and benchmark U.S. "I think its right in line with market expectations, puts a July cut in play, said Brett Ewing, chief market strategist at First Franklin Financial Services in Tallahassee, Florida.

  • Marc Lasry of Avenue Capital talks about opportunities in the distressed debt space on CNBC's "Fast Money: Halftime Report."

  • LONDON, June 19- Euro zone bond yields rose on Wednesday, with a degree of calm returning to markets a day after a surprise hint from ECB chief Mario Draghi of more stimulus triggered the biggest one-day fall in borrowing costs in years. Germany's 10- year bond yield rose 3 basis points to minus 0.29%. On Tuesday, it hit a record low at minus 0.33% and posted its biggest...

  • NEW YORK, June 19- A gauge of global stock markets gained modestly on Wednesday to reach six-week highs and benchmark government bond yields rose from multiyear lows as investors awaited a decision on monetary policy from the U.S. Investor hopes that the Fed would soon cut interest rates were fed on Tuesday when European Central Bank President Mario Draghi...

  • LONDON, June 19- Euro zone bond yields rose on Wednesday, with a degree of calm returning to markets a day after a surprise hint from ECB chief Mario Draghi of more stimulus triggered the biggest one-day fall in borrowing costs in years. Germany's 10- year bond yield rose 3 basis points to minus 0.29%. On Tuesday, it hit a record low at minus 0.33% and posted its biggest...

  • A rendered image of the Airbus A321XLR in Frontier Airlines livery.

    Indigo Partners is to use the A321 XLR jets across airlines it runs out of the United States, Chile and Mexico.

  • *Asian stocks broadly rise; China stocks up 1%, Taiwan 2%. *Donald Trump-Xi Jinping talks at G20 aid sentiment. Following European Central Bank President Mario Draghi's dovish comments on Tuesday which dented the euro and boosted emerging market carry trades' allure, developing world investors are now keen to see how dovish the Fed will be.

  • *FTSE 100 up marginally, FTSE 250 up 0.1%. June 19- London's FTSE 100 weakened as investors dumped airline stocks after a bearish note from HSBC, while CYBG gained after the bank raised its target for cost savings. The FTSE 250 midcap index was down 0.2%.

  • *Asia shares ex- Japan enjoy best day since Jan. LONDON, June 19- World stocks held near two-week highs on Wednesday as investors bet on a worldwide wave of central bank stimulus, with expectations building that the United States and the euro zone may deliver interest rate cuts as early as July. Markets have been fired up by European Central Bank President Mario...

  • Stephen Schwarzman, billionaire and co-founder of Blackstone Group LP, does not believe a meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Osaka, Japan at the end of June is likely to result in a major trade deal.

    The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018.