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European markets higher despite global trade uncertainty
World

European markets higher despite global trade uncertainty

Deutsche Bank names autos as ‘growing risk’ for its portfolio Deutsche Bank flagged autos as a “growing risk” for its portfolio that is being “monitored closely given the challenging economic environment in Europe, Electric Vehicles (EV) transition and competition in China,” Germany’s largest lender said in its annual report out Thursday. Europe’s auto sector now […]

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European markets open lower; Novo Nordisk, Novartis retreat
World

European markets open lower; Novo Nordisk, Novartis retreat

European markets opened lower on Tuesday as global markets buckle amid anxiety that the U.S. economy will suffer because of President Donald Trump’s trade tariff policies. The pan-European Stoxx 600 index was around 0.2% lower shortly after the opening bell, with the U.K.’s FTSE 100 down 0.2%, while France’s CAC 40 was up 0.3%, and […]

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CNBC Daily Open: U.S. markets tumble as Trump administration dismisses economic fears and stock slump
World

CNBC Daily Open: U.S. markets tumble as Trump administration dismisses economic fears and stock slump

U.S. President Donald Trump pumps his fist after deboarding from Air Force One upon arrival in West Palm Beach, Florida, U.S., March 7, 2025.  Kevin Lamarque | Reuters CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will […]

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CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
World

CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025.  Charly Triballeau | Afp | Getty Images CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors […]

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European markets fall as traders digest latest Trump tariff reprieve; Luxury stocks decline
World

European markets fall as traders digest latest Trump tariff reprieve; Luxury stocks decline

European markets were broadly lower Friday, rounding off a volatile week marked by whipsawing policy on U.S. tariffs, the latest rate cut from the European Central Bank, German fiscal reforms and a regional defense spending boost. The regional Stoxx 600 index was down 0.65% at 10:20 a.m. U.K. time, with retail and household goods stocks […]

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Global bonds sell off as investors react to Trump’s tariffs and a German ‘paradigm shift’
World

Global bonds sell off as investors react to Trump’s tariffs and a German ‘paradigm shift’

Traders across the globe are monitoring updates to U.S. President Donald Trump’s trade policy. Spencer Platt | Getty Images Government borrowing costs rose across the globe on Thursday, with German bonds resuming the sell-off that sparked the biggest daily jump in yields since the country’s reunification 35 years ago. Bond prices and yields move in […]

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Air France-KLM pops 16% after profit beat; Europe markets open higher ahead of ECB meeting
World

Air France-KLM pops 16% after profit beat; Europe markets open higher ahead of ECB meeting

European markets opened higher on Thursday as investors look ahead to the latest monetary policy decision of the European Central Bank. Source

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Germany’s fiscal U-turn could be a ‘game changer’ for the country’s sluggish economy, analysts say
World

Germany’s fiscal U-turn could be a ‘game changer’ for the country’s sluggish economy, analysts say

Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the SPD parliamentary group and Federal Chairman of the SPD, and Saskia Esken, Party Chairwoman of the SPD, hold […]

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Europe stocks open higher; German borrowing costs soar as Merz plans debt rule overhaul
World

Europe stocks open higher; German borrowing costs soar as Merz plans debt rule overhaul

European stocks opened higher Wednesday amid optimism that U.S. President Donald Trump’s 25% duties on Canada and Mexico could be relaxed, with investors also paying close attention to the potential reform of Germany’s contentious debt brake system. The Stoxx 600 index was 1.05% higher shortly after the open, following the broad downturn in global equities on […]

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European markets poised to open lower as U.S. tariff threat weighs on sentiment
World

European markets poised to open lower as U.S. tariff threat weighs on sentiment

European markets are expected to open in negative territory on Friday, after U.S. President Donald Trump threatened once again to slap tariffs on the EU and followed through with new levies on Canada and Mexico.   London’s FTSE 100 is expected to open 0.6% lower, according to IG, while the German DAX index is slated […]

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