European Stocks Largely Flat; Ryanair Reports Record June Numbers

European stock markets traded largely unchanged Tuesday, with investors searching for cues given a light data calendar and a U.S. holiday. At 03:30 ET (07:30 GMT), the DAX index in Germany traded flat, the CAC 40 in France rose 0.1%, while the FTSE 100 in the U.K. traded largely unchanged. There’s little economic data due for release Tuesday to guide sentiment, especially with U.S. markets on holiday as the country celebrates Independence Day. The exception…

"European Stocks Largely Flat; Ryanair Reports Record June Numbers"

European Stocks Largely Flat; Ryanair Reports Record June Numbers

European stock markets traded largely unchanged Tuesday, with investors searching for cues given a light data calendar and a U.S. holiday. At 03:30 ET (07:30 GMT), the DAX index in Germany traded flat, the CAC 40 in France rose 0.1%, while the FTSE 100 in the U.K. traded largely unchanged. There’s little economic data due for release Tuesday to guide sentiment, especially with U.S. markets on holiday as the country celebrates Independence Day. The exception…

"European Stocks Largely Flat; Ryanair Reports Record June Numbers"

Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting

The U.S. dollar stabilized in early European trade Thursday near a one-month low after the first day of Federal Reserve Chair Jerome Powell’s semi-annual testimony to Congress, while sterling edges lower ahead of the latest Bank of England meeting. At 01:50 ET (05:50 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, edged higher to 101.707, trading just above its recent one-month low. Mixed messages from the Fed Federal…

"Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting"

Stocks Rally Stalls, Eyes Powell Testimony For Rate Clues

Global shares drifted on Monday, consolidating gains after hitting a 14-month high last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets that remain dominated by monetary policy bets. The MSCI’s broad gauge of world stocks was steady, with Wall Street markets closed for the Juneteenth holiday. In Europe, the Stock 600 share index fell 0.5% in early trading. After a week in which the stock market cheered the Fed’s…

"Stocks Rally Stalls, Eyes Powell Testimony For Rate Clues"

European Stock Futures Edge Higher; Central Bank Decisions Seen Key

European stock markets are expected to drift higher at the open Monday, at the start of a week dominated by a series of key central bank meetings in the U.S., Asia and Europe. At 02:00 ET (06:00 GMT), the DAX futures contract in Germany traded 0.4% higher, CAC 40 futures in France climbed 0.3% and the FTSE 100 futures contract in the U.K. rose 0.4%. enteral bank decisions to drive stock markets European equities are…

"European Stock Futures Edge Higher; Central Bank Decisions Seen Key"

Kim Kardashian seeks Secret of Private Equity Success As Rising Rates Bite

Reality star Kim Kardashian’s arrival at a gathering of the globe’s top deal brokers in Berlin failed to dispel their dark mood as the rising cost of money puts the brakes on the private equity industry. Flanked by bodyguards, Kardashian drew a crowd of hundreds of executives at the Super Return industry event, saying she wanted to learn the secrets of investing having set up her own fund last year. Talking about her ambitions, Kardashian,…

"Kim Kardashian seeks Secret of Private Equity Success As Rising Rates Bite"

Exclusive-Accounting For War: Ukraine’s Climate Fallout

The war in Ukraine is deepening the climate crisis at time when global greenhouse gas emissions are already running at a record high, according to report by carbon accounting experts who have tallied the overall impact of the conflict. The report, which is due to be released on the sidelines of the U.N. climate summit in Bonn this week, calculates that the first 12 months of the war will trigger a net increase of 120…

"Exclusive-Accounting For War: Ukraine’s Climate Fallout"

Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats

Gold prices fell slightly on Monday amid uncertainty over whether the Federal Reserve will hold interest rates steady later this month, while concerns over weakening economic growth pulled copper prices down. The yellow metal fell on Friday after U.S. nonfarm payrolls data read much stronger than expected for May, which posited a hawkish outlook for the Fed as it moves to bring down high inflation. But some Fed officials also suggested last week that the…

"Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats"

Germany Leads Big Bond Rally As Inflation Finally Heads Down

Germany is leading the biggest rally in global bond markets since March’s banking rout as cooling inflation and a weakening economy suggest European Central Bank rate hikes are nearing an end. Borrowing costs, or bond yields, in the benchmark euro area issuer are down at least 20 basis points (bps) this week. Alongside British and U.S. peers, yields – which move inversely to bond prices – were set for their biggest weekly declines since mid-March…

"Germany Leads Big Bond Rally As Inflation Finally Heads Down"

Gold Edges Lower, Copper Slides On Disappointing Chinese Data

Gold prices crept lower on Wednesday as markets awaited more cues on the raising of the U.S. debt ceiling, while copper prices slid after data offered more signals of a slowing economic rebound in China. Copper futures sank 0.7% to $3.6338 a pound, and were set to lose about 6% in May as data showed China’s manufacturing sector shrank for a second consecutive month in May. The reading, coupled with a drop in overall business…

"Gold Edges Lower, Copper Slides On Disappointing Chinese Data"