Investing
Investing
European Shares Rise on Easing Energy Supply Worries; Draghi Speech in Focus
Investing
Financials, Consumer Staples Boost FTSE 100; BoE Rate Hike Bets Rise
Investing
Stocks Rally as U.S. Earnings Pick Up, Dollar Eases for Third Session
Investing
Oil Jumps on Russia Supply Jitters, Lower Dollar
European Shares Trim Gains on Gas Supply Concerns
Date: July 18, 2022
By Susan Mathew and Bansari Mayur Kamdar (Reuters) -European stocks pared some session gains on Monday, after a report said Russia’s Gazprom had declared force majeure on gas supplies to Europe to at least one major customer. The pan-European STOXX 600 index, which had risen as much as 1.5% to hit three-week peaks earlier in...
Stocks Climb, Euro Inches Higher in Big Week for Markets
Date: July 18, 2022
By Saikat Chatterjee LONDON (Reuters) – World equity markets got off to a solid start on Monday and the euro pulled away from parity as market participants scaled back bets on the Federal Reserve interest rate hike next week and on optimism spurred by central bank pledges to support China’s economy. U.S. stock futures were...
UK Shares Touch Over 2-week High, Gsk Spin-Off Haleon Lists on Lse
Date: July 18, 2022
By Sruthi Shankar (Reuters) -UK’s main stock indexes hit more than two-week highs on Monday, as an upbeat global mood lifted economically sensitive sectors, while shares of Haleon, spun off from drugmaker GSK, debuted on the London Stock Exchange. European and Asian stock markets tracked a Wall Street rally on Friday, when better-than-expected earnings and...
European Shares Jump Over 1% as Cyclicals Advance
Date: July 18, 2022
By Susan Mathew (Reuters) -European shares hit three-week highs on Monday, tracking gains in global equities, even as investors are seen staying cautious ahead of a European Central Bank policy meeting and a scheduled resumption of Russian gas flows via the Nord Stream 1 pipeline. The pan-European STOXX 600 index rose 1.4% in broad-based buying,...
Italy’s Bond Yields Rise Sharply as Draghi Government on Brink
Date: July 18, 2022
By Samuel Indyk LONDON (Reuters) – Italy’s borrowing costs rose sharply on Monday and the premium investors demand for holding Italian debt over safer German peers was at its widest in a month as Italian political turmoil rumbled on. Prime Minister Mario Draghi attempted to resign from his post on Thursday after the 5-Star Movement,...
World Stocks Gain, Dollar Dips as Investors Weigh Spending Data, Inflation Scares
Date: July 15, 2022
By Katanga Johnson WASHINGTON (Reuters) – Global equities rebounded on Friday as U.S. spending data beat forecasts, while the dollar dipped and oil rose as investors digested an easing of Italy’s political crisis and tempered expectations of a more aggressive U.S. rate rise this month. Markets are still roiled by concerns, however, that the world...