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European stocks rebound on mixed manufacturing data

  London / AFP Europe’s main stock markets rebounded on Thursday following a weak finish to August, as traders digested worldwide manufacturing numbers. Around 1030 GMT, London’s benchmark FTSE 100 index was 0.1 percent higher. In the eurozone, Frankfurt’s DAX 30 rose 0.6 percent and the Paris CAC 40 jumped 1.1 percent compared with Wednesday’s close. “The FTSE is underperforming… ...

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Qatar falls after FTSE list, Saudi petchems sag

  Dubai / Reuters Qatar’s main stock index fell in early trade on Thursday after FTSE published a list of stocks to be included in its secondary emerging market index, while Saudi Arabian petrochemical stocks sagged because of weak oil prices. The Qatari index initially rose but was down 0.8 percent after 90 minutes. Only two of the 22 stocks ...

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It’s hard to overstate how quiet stock markets are right now

  Bloomberg Calm has been the defining characteristic of markets over the past month, but in one asset class the degree of tranquility stands head and shoulders above the rest. Compared to the 10-year U.S. Treasury futures note, the 30-day implied volatility of equities is incredibly subdued relative to its historical average. The same can’t really be said of oil, ...

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