Italy
European markets set to reverse negative momentum at the open, but bond yields are still in focus
European markets are heading for a positive open Tuesday, reversing negative sentiment in the region, but investors will be keeping a close eye on borrowing costs for a number of core European economies this week as bond yields remain elevated. The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,226, Germany’s […]
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European markets set to start the new trading week in mixed territory
European markets are expected to start the new trading week in mixed territory Monday, as jitters over the global economy persist. The U.K.’s FTSE 100 index is expected to open 22 points lower at 8,227, Germany’s DAX down 37 points at 20,182, France’s CAC down 11 points at 7,413 and Italy’s FTSE MIB down 143 points […]
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European stocks head for positive open but concerns over inflation dominate market sentiment
China’s consumer inflation slows further in December, stoking deflation worries China’s consumer price inflation in December slipped to 0.1% year on year, data from the National Bureau of Statistics showed Thursday, stoking deflation concerns. Growth in headline inflation was in line with Reuters estimates, but less than the 0.2% rise in November. Core CPI, which excludes food and […]
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Biden cancels Italy trip due to California wildfires
US President Joe Biden arrives on the South Lawn of the White House as he returns to Washington, DC, from Camp David, on Jan. 2, 2025. Chris Kleponis | AFP | Getty Images U.S. President Joe Biden canceled an upcoming trip to Italy due to the wildfires in California, the White House said on Wednesday, adding that he wanted to […]
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European markets expected to open broadly lower as traders assess the region’s economic outlook
European markets are expected to open broadly lower Wednesday as traders assessed the region’s economic outlook. The U.K.’s FTSE 100 index is expected to open 4 points lower at 8,242, Germany’s DAX down 40 points at 20,308, France’s CAC down 22 points at 7,477 and Italy’s FTSE MIB down 83 points at 34,922, according to data […]
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Goldman loves this European stock riding the data center wave
Goldman Sachs is bullish on one of Italy’s cable manufacturing giants: Prysmian . The company is set to benefit from strong secular demand trends and superior earnings visibility, the investment bank said in a Jan. 2 research note. Prysmian makes underground and submarine cables and systems for power transmission and distribution. Prysmian is among the […]
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Chip stocks lead European markets higher; ASML up 5% after Foxconn revenue jump
European markets gained ground on Monday, with chip firms leading gains, after a choppy start to the year for stocks. The Stoxx 600 had a mixed performance last week, though it ended 0.2% higher amid a rocky start to 2025 for stocks around the world. Mixed sentiment could continue this week as traders look for […]
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Get your house in order, Europe — or face ‘ongoing decline,’ economists warn
German Chancellor Olaf Scholz welcomes French President Emmanuel Macron before a private dinner at the “Kochzimmer” restaurant in Potsdam outside Berlin, Germany, June 6, 2023. Michael Kappeler | Pool | via Reuters It’s been a topsy-turvy last year for the euro zone with its largest economies, Germany and France, seeing political and economic turbulence that […]
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European markets expected to see muted open ahead of the New Year holiday
European markets are expected to open flat to lower Tuesday ahead of the New Year holiday. London’s FTSE 100 index is expected to open 20 points lower at 8,100 and France’s CAC 40 is seen opening 5 points lower at 7,309. Both bourses will be closing early today. Markets in Germany and Italy are shut […]
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European markets higher as shortened Christmas week begins; UK economy stalls
UK borrowing costs rise Yields on British 10-year gilts crept higher on Monday, gaining 2 basis points to trade at 4.532% by 10:46 a.m. London time. It came after revised GDP figures showed the U.K. economy flatlined in the three months to September. U.K. borrowing costs hit a one-year high last week, but have since […]
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