SEOUL / AP Global stocks mostly rose on Tuesday amid upbeat economic reports and relatively strong corporate earnings. KEEPING SCORE: Britain’s FTSE 100 added 0.4 percent to 7,015 while France’s CAC 40 gained 0.1 percent to 4,555. Germany’s DAX rose 0.3 percent to 10,795. Stock futures showed that Wall Street was set for a tepid start. Dow and S&P …
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Eurozone equities advance on positive data
London / AFP Eurozone stock markets marched higher Monday following bright economic data, showing business activity in October at a 10-month high. Frankfurt gained 0.8 percent in value and Paris won 0.7 percent. London meanwhile London erased earlier gains to trade virtually flat around midday compared with Friday’s closing level. “A positive swell of data has continued to boost …
Read More »Canada stocks rise as energy rallies on
Bloomberg Canadian stocks extended their rally to a fifth day on Saturday, closing with the biggest weekly gain since March, energy shares continued to ride the rebound in oil and banks advanced on signs that inflation is picking up, making an interest rate hike more likely. The S&P/TSX Composite Index gained 0.6 percent to 14,939.04 at 4 p.m. in …
Read More »European equities aim higher before ECB move
London / AFP Stock markets in Europe trod higher on Thursday ahead of an eagerly-awaited monetary policy decision by the European Central Bank. Frankfurt and Paris both rose 0.2 percent ahead of the interest rate call due at 1145 GMT, while London flatlined on news of steady retail sales for September. ECB chief Mario Draghi is likely to prep …
Read More »World stocks steady amid firm Chinese growth, earnings
TOKYO / AP Global stock markets were steady Wednesday after China reported its economy expanded at a firm pace in the July-September quarter and investors awaited more U.S. corporate earnings reports. KEEPING SCORE: Germany’s DAX edged down 0.1 percent to 10,616 and the FTSE 100 in Britain lost 0.2 percent to 6,989. France’s CAC 40 was flat at 4,507. …
Read More »World markets climb on Fed uncertainty
London / AFP World stocks forged higher on Tuesday on uncertainty over the future path for US interest rate hikes, while London shrugged off news of surging inflation. Asian indices advanced as investors weighed the prospect of a US rate increase, and on the eve of key economic growth data in powerhouse economy China. In Europe, Frankfurt, London and …
Read More »Indian stocks rally most in five months
Bloomberg Indian stocks rebounded from a three-month low, with the benchmark index rallying the most in Asia, as a spurt in global equities lifted investor sentiment. A gauge of lenders climbed the most among the nation’s 14 sector indexes, while an index of metalmakers ended three days of losses. A measure of mid-sized stocks rose to within a whisker …
Read More »Stocks drop as markets eye central banks
London / AFP Stock markets swung mostly lower on Monday, with attention fixed on central bank policy before an ECB meeting this week and speculation on the outlook for US borrowing costs. Asian markets diverged following healthy gains for world equities at the end of last week, as investors bet that the Federal Reserve would raise interest rates before …
Read More »Markets swing lower on China trade data, retail row
London / AFP World stocks mostly fell on Thursday as weak Chinese data reinforced fears over the world’s number two economy, while a spat between Britain’s Tesco and Dutch giant Unilever hit sentiment in Europe. In midday deals, London stocks was down 0.8 percent, Frankfurt declined 1.3 percent, Paris shed 1.4 percent and Amsterdam slid 1.3 percent in value. …
Read More »Tokyo stocks down at break on weak China data
Tokyo / AFP Tokyo stocks reversed early gains on Thursday morning as exporters were hit by a rush into the yen after China released worse-than-forecast trade data that fuelled worries about the economic giant. Traders kicked the day off on a bright note as minutes from the Federal Reserve’s September meeting suggested the central bank will hike US interest …
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