Search Results for: European economy
European Commission vice-president calls for EU-wide digital tax
September 2nd, 2020
The European Union needs to tax companies that generate its revenues with digital services as the money is needed to fund infrastructure and social programmes in the future, European Commission vice-president Valdis Dombrovskis said on Monday. “We need to ...
European stocks are set to open higher on Monday
August 31st, 2020
European stocks are set to open higher on Monday as dovish U.S. monetary policy signals gave a boost to global risk assets. Germany’s DAX index is seen climbing 116 points to 13,145, France’s CAC up 44 points at 5,049 ...
European Stoxx 600 hovered just below the flatline in early trade
August 7th, 2020
The pan-European Stoxx 600 hovered just below the flatline in early trade, with autos falling 0.7% to lead losses while telecoms bounced 1% higher. Asian stocks were mostly lower during afternoon trade. China’s General Administration of Customs said its ...
European stocks fell sharply Thursday; The biggest movers
June 11th, 2020
European stocks fell sharply Thursday as investors digested the latest comments from the U.S. Federal Reserve and fears of a second wave of coronavirus infections. The pan-European Stoxx 600 dropped 2.9% by the afternoon, with autos plunging 5.5% as ...
European Central Bank digital currency – a flight of fancy?
May 13th, 2020
Speech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Consensus 2020 virtual conference, 11 May 2020 11 May 2020 A recent survey among 66 central ...
European markets climb as more restrictions are lifted
May 5th, 2020
The pan-European Stoxx 600 climbed 1.4% by early afternoon, oil and gas stocks surging 5.2% to lead gains as all sectors and major bourses traded in positive territory. European markets are paying close attention to coronavirus developments and the ...
European stocks rise as Chinese factories see coronavirus rebound
March 31st, 2020
European stocks rose on Tuesday after stronger-than-expected industrial data from China raised hopes that the world’s second-largest economy could stage a swift recovery from the coronavirus crisis. The pan-European STOXX 600 index climbed by around 1.9%. London’s FTSE 100 ...
European stocks rally after historic sell-off; Stoxx 600 up 5%
March 13th, 2020
European stocks rallied on Friday during a volatile session after their worst sell-off in history, as the rapid spread of the coronavirus pandemic continues to dominate investor sentiment. The pan-European Stoxx 600 climbed 5%, with basic resource stocks surging ...
European shares edge lower amid coronavirus uncertainty
February 10th, 2020
European shares inched lower on Monday as concerns over the economic impact of the coronavirus outbreak weighed on sentiment, while markets also came off a rally from last week. The pan-European STOXX 600 index fell 0.3% by 0803 GMT, ...
European stocks retreat as investors cash in on rally
January 21st, 2020
European stock markets mostly retreated on Monday (Jan 20) as investors booked profits after last week’s rally awaiting some key US earnings updates. Stocks had jumped on Friday, with Wall Street indices ending at fresh record highs, as solid ...
