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Archive Europe Markets

  • *FTSE 100 closes up 0.2 percent. LONDON, Oct 20- Britain's FTSE closed up 0.2 percent on Friday as sterling bounced back on hopes of a breakthrough in Brexit negotiations, and consumer heavyweights Unilever and Reckitt Benckiser weighed down an index that was earlier lifted by financials. The FTSE 100, which hit a record level last week, was on track for a slight...

  • They also drew encouragement from the Senate's passage of a budget bill, a move expected to ease the path for the White House's tax cut proposal. :The passing of a $4 trillion budget resolution in the Senate stoked hopes on Wall Street that President Donald Trump's tax reform package will be enacted. The measure, which passed narrowly late Thursday and now goes to...

  • *Senate passes budget plan that could usher in tax reform. *Stock futures portend firm start for Wall Street. LONDON, Oct 20- European stocks, the dollar and bond yields climbed on Friday as investors speculated that the "Trumpflation trade" could be back in play, after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.

  • LONDON, Oct 20- Progress in U.S. tax reform plans lifted emerging stocks on Friday, but a stronger dollar and higher U.S. The U.S. Senate approved a budget blueprint for the 2018 fiscal year late on Thursday, paving the way for Republicans to seek a tax-cuts package without Democratic support, and resurrecting expectations that the reflation trade was back on track.

  • *Senate passes budget plan that could usher in tax reform. LONDON, Oct 20- European stocks, the dollar and bond yields climbed on Friday as investors speculated on the return of the "Trumpflation trade", after the U.S. Senate approved a budget blueprint that paves the way for tax cuts. Thursday's Senate vote pushed 10- year U.S.

  • *FTSE 100 up 0.1 pct. LONDON, Oct 20- A recovery in financials and basic resource stocks boosted Britain's FTSE on Friday after the previous session's losses, as U.S. progress on plans to cut taxes and stronger metals prices helped support banks and miners. The FTSE 100 was up 0.1 percent by 0830 GMT, flirting with the record level it hit last week.

  • HONG KONG— World stock markets pushed higher Friday on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and Japan and speculation over Trump's choice for the next Fed chief. Britain's FTSE 100 climbed 0.2 percent to 7,533.85. CHINA CONGRESS: Markets are keeping an eye on the Chinese Communist...

  • NEW YORK, Oct 19- World stock markets were flat on Thursday as a report on President Donald Trump's possible selection to lead the U.S. After the market slowly pared its gains throughout the latter portion of trading, a report from Politico that Trump was leaning toward nominating Federal Reserve Governor Jerome Powell to succeed Janet Yellen to head the U.S....

  • *China central bank head warns of' Minsky moment'. NEW YORK, Oct 19- World stock markets slipped from a record high on Thursday after a flurry of tepid corporate earnings reports but were off session lows as Wall Street pared losses, while demand for safe-haven assets pushed U.S. Signs of poor demand for Apple's iPhone 8 dragged each of the major Wall Street indexes...

  • *FTSE 100 down 0.3 pct at close, mid-caps down 0.6 pct. Disappointing retail sales figures sent sterling to a one-week low before recovering, helping the internationally-exposed FTSE reduce earlier losses slightly. Fresh from a record close, the FTSE 250 ended 0.6 percent lower as workspace group IWG plummeted 32.2 percent after warning on profit.

  • *China central bank head warns of' Minsky moment'. NEW YORK, Oct 19- World stock markets broadly retreated amid investor caution after a flurry of tepid corporate earnings reports from around the globe, stoking demand instead for safer assets like U.S. European shares were on track for their biggest drop in two months on concerns over political upheaval in Spain...

  • *MSCI world index drops off latest high, Wall Street to drop China Q3 GDP growth slows slightly to 6.8 pct vs 6.9 pct in Q2. *China cenbank head warns of' Minsky moment'. LONDON, Oct 19- World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's...

  • *FTSE 100 down 0.3 pct. Disappointing retail sales figures sent sterling to a one-week low, helping the internationally-exposed FTSE reduce earlier losses slightly. Fresh from a record close, the FTSE 250 sank 0.7 percent as workspace group IWG plummeted 34 percent after warning on profit.

  • LONDON, Oct 19- Slower Chinese growth crimped investor appetite for emerging market stocks on Thursday, which hit a one-week low after heavy losses in Asia spread to Europe, but currencies such as the rand and lira snapped a three-day losing streak. Hong Kong traders focused on property data that showed sales in mainland China fell for the first time in over 2-1/ 2...

  • *MSCI world index drops off latest high as Spain weighs on Europe China Q3 GDP growth slows slightly to 6.8 pct vs 6.9 pct in Q2. LONDON, Oct 19- World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's Dow index helped to offset nerves in...

  • PARIS, Oct 19- French advertising agency Publicis, facing fierce new competition with the growth in online advertising, posted third-quarter sales on Thursday that missed market forecasts and sent its shares lower. Publicis's shares slid 5.1 percent to 59.01 euros in early trading, making the stock the worst performer on France's benchmark CAC-40 index.

  • A last-minute surge nudged U.S. stock indexes mostly higher Thursday, barely extending the market's winning streak and milestone-setting run. "You have a lot of risk assets, especially equities, having done pretty well," said Sameer Samana, global quantitative strategist for Wells Fargo Investment Institute. The Russell 2000 index of smaller-company stocks...

  • *2017 output for Indonesia, Malaysia revised downward. Mistry said palm oil prices would rise due to tight inventory levels as production recovery in Malaysia and Indonesia was weaker than expected. Indonesia and Malaysia produce nearly 90 percent of global palm oil.

  • NEW YORK, Oct 18- Wall Street posted record closing highs on Wednesday, driven by strong earnings, while U.S. All three Wall Street major indexes posted record closing highs. "People are of the mindset that there is no alternative to equities and therefore they're continuing to pour into them," said Ian Winer, head of equities at Wedbush Securities in Los Angeles.

  • *Wall Street at records; Dow above 23,000 on IBM boost. NEW YORK, Oct 18- Wall Street again posted record highs on Wednesday, driven by strong earnings, and Treasury yields rose as investors focused on monetary policy, but the dollar slipped to snap a four-day rally. Investors focused on global economic strength and expectations for gradual monetary policy...