Breaking News: Europe
Switzerland enters era of zero interest rates
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National Bank on Thursday cut interest rates by a further 25 basis points to 0% — adding to concerns over a potential return to negative rates. The reduction was widely expected by markets ahead of the decision, […]
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European stocks to open in mixed territory as sentiment dips, traders await central bank moves
Good morning, here are the opening calls London at dawn. Dukas | Universal Images Group | Getty Images Good morning from London, and welcome to CNBC’s live blog covering European financial markets and the latest regional and global business news, data and earnings. Futures data from IG suggests a choppy start for European markets, with […]
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European stocks open mixed with Fed decision, Middle East conflict in focus
Sweden’s central bank cuts interest rate to 2% Sweden’s central bank cut its key interest rate by 25 basis points on Wednesday to 2% amid weakening inflation, but pointed to geopolitical risks ahead. “The economic recovery that began last year has lost momentum, and inflation is expected to be somewhat lower than in the previous […]
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UK inflation lingers at 3.4% in May, bolstering case for interest rate hold
Bags of potatoes grown in the United Kingdom at the D & F McCarthy Ltd. fresh fruit and vegetable wholesaler in Norwich, UK, on Tuesday, Feb. 28, 2023. An acute shortage of salad items on UK supermarket shelves has sparked a political debate, with some people in the industry blaming Brexit while others say its […]
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European stocks open lower as Middle East conflict weighs on sentiment
European stocks open lower We’re 30 minutes into Tuesday’s trading session, and stocks are broadly in negative territory. The pan-European Stoxx 600 was last seen 0.8% lower, hitting its lowest level in more than three weeks. The index had gained 0.4% on Monday, as global markets appeared to shrug off the impact of the escalating […]
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European markets rebound as Israel-Iran attacks continue; Renault down 6%
European banks, oil stocks lead markets higher European Stoxx 600 banks were 1.3% higher at 9:55 a.m. U.K. time, while oil and gas stocks gained 1.18% as investors took in the latest from the Israel-Iran conflict — which is driving crude oil prices sharply higher and reigniting inflation concerns. Sectors in decline include health-care, down […]
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European stocks fall; FTSE 100 choppy after UK economy shrinks more than expected
UK assets steady after weak economic data The British pound was roughly flat against the U.S. dollar, though dipped 0.3% against the euro after the national statistics office said the U.K. economy contracted 0.3% in April while the country’s trade deficit widened. Stock Chart IconStock chart icon British pound/U.S. dollar. Yields on U.K. government bonds […]
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UK finance minister set on ‘renewing Britain’ as she unveils spending plans
U.K.Chancellor of the Exchequer Rachel Reeves leaves 10 Downing Street ahead of PMQs in the House of Commons in London, United Kingdom on June 11, 2025. Anadolu | Anadolu | Getty Images U.K. Chancellor Rachel Reeves is delivering the government’s Spending Review on Wednesday, with all eyes on how billions of pounds’ worth of public […]
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Europe to follow global markets higher as China-U.S. trade talks continue in London
British job openings continue steady decline, wage growth cools The ONS’s data also showed this morning that job vacancies in the U.K. fell to 736,000 between March and May — a decline of 63,000 openings, or 7.9%, from the previous three-month period. It marked the 35th consecutive decline in job openings. Meanwhile, average earnings […]
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European markets head for higher open; U.S.-China trade talks to take place in London
Here are the opening calls LONDON, ENGLAND – MARCH 24: A red London double decker bus and a UPS delivery van pass across Waterloo Bridge in front of St. Paul’s Cathedral on March 24, 2025 in London, United Kingdom. (Photo by John Keeble/Getty Images) John Keeble | Getty Images News | Getty Images Good morning […]
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