european-economies
TradingEuro Ticks up Despite French Government Collapse; Bitcoin Breaks $100,000
FinanceGreek Economic Growth to Exceed 2% Annually in Next Two Years, Says OECD
BusinessUpper Crust Owner Ssp Targets European Profit Margin Boost, Shares Jump
BusinessEuro Zone Nov Factory Activity Fell Sharply; Outlook Gloomy, PMI Shows
European Shares Climb on Tech Boost; Inflation Data in Focus
Date: November 28, 2024
By Joao Manuel Vicente Mauricio and Ankika Biswas (Reuters) -Tech stocks led the rebound in European shares on Thursday, following a two-day drop driven by concerns over potential U.S. tariffs and France’s economic and political instability, with inflation reports in focus for insights into the rate-cut path. The pan-European STOXX 600 index was up 0.6%...
France’s CAC 40 Drops 1% on Budget Angst, European Auto Stocks Struggle
Date: November 27, 2024
By Joao Manuel Vicente Mauricio and Ankika Biswas (Reuters) -French stocks dropped to an over three-month low on Wednesday, knocked down by investor dread over the new government and its budget, while continued worries over the impact of Trump’s proposed tariffs kept European automobile stocks under pressure. The pan-European STOXX 600 was down 0.3% as...
Eurex Eyes 2025 Launch for EU Bond Futures
Date: November 26, 2024
LONDON (Reuters) – Deutsche Boerse’s Eurex exchange is eyeing a launch for a futures contract linked to European Union bonds next year, it said on Tuesday. The statement comes just weeks after the exchange said it still needed to see the right conditions before launching the futures, seeing confidence that the EU’s bond programme —...
European Stocks Echo Global Market Downturn on Tariff Risk; Auto Shares Slump
Date: November 26, 2024
By Joao Manuel Vicente Mauricio and Ankika Biswas (Reuters) -European shares fell across the board on Tuesday, led by automakers, as Donald Trump’s tariff threat on the United States’ largest trading partners prompted worries that the bloc might share the same fate in a likely global trade war. U.S. President-elect Trump, who takes office in...
European Automakers Fall as Trump Pledges Tariffs
Date: November 26, 2024
LONDON (Reuters) -European automakers shares fell on Tuesday, as traders reacted to President-elect Donald Trump pledging big tariffs on Canada, Mexico and China, news that fueled jitters over a potential global trade war. A basket of European autos and parts stocks was the worst performing sector in Europe, down 1.7% versus a 0.7% fall for...
Euro Zone Business Activity Falls Sharply in November, Survey Shows
Date: November 22, 2024
By Jonathan Cable LONDON (Reuters) -Euro zone business activity took a surprisingly sharp turn for the worse this month as the bloc’s dominant services industry contracted and manufacturing sank deeper into recession, a survey showed on Friday. HCOB’s preliminary composite euro zone Purchasing Managers’ Index, compiled by S&P Global, sank to a 10-month low of...