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European markets set to open the new trading week higher; German debt reform vote ahead
European stocks are expected to start the new trading week in positive territory, although investors will be looking to see if global market volatility continues. The U.K.’s FTSE 100 index is expected to open 21 points higher at 8,653, Germany’s DAX up 90 points at 23,019, France’s CAC 9 points higher at 8,034 and Italy’s FTSE […]
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Europe stocks close higher led by Germany’s DAX after lawmakers reportedly agree spending boost
Sterling slides after disappointing growth data The British pound was down 0.25% lower against the U.S. dollar and 0.44% lower against the euro at 4 p.m. in London. Earlier in the day, data showed the U.K. economy contracted 0.1% month-on-month in January, against the expected 0.1% expansion. “Although today’s figures come as something of a […]
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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 rally as U.S. inflation rises less than expected, EU retaliates to Trump’s tariffs
U.S. inflation rate hits 2.8% in February, less than expected Prices for goods and services moved up less than expected in February, providing some relief as consumers and businesses worry about the looming impact tariffs might have on inflation, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a wide-ranging measure of costs across […]
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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 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 to start new trading week on a positive note, trying to shake off recent volatility
European markets are expected to see a positive start to the new trading week after recent global market uncertainty and volatility. The U.K.’s FTSE 100 index is expected to open 32 points higher at 8,711, Germany’s DAX up 58 points at 23,092, France’s CAC 58 points higher at 8,170 and Italy’s FTSE MIB 186 points higher […]
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CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., Feb. 12, 2025. Nathan Howard | Reuters What you need to know today Signs of deflation in ChinaChina’s national consumer price index fell by 0.7% […]
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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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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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