European markets head for higher open as markets await Fed outcome

European stocks are expected to open slightly higher, as markets await the outcome of the U.S. Federal Reserve’s policy meeting on Wednesday. London’s FTSE is seen opening 13 points higher at 7,183, Germany’s DAX up 13 points at 15,745, France’s CAC 40 up 6 points at 6,648 and Italy’s FTSE MIB up 48 points at… Continue reading European markets head for higher open as markets await Fed outcome

European markets continue march to record highs as Fed meeting looms

European stocks advanced higher to start the week as investors look ahead to the June meeting of the U.S. Federal Reserve. TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME.FTSE FTSE 100 FTSE 7165.45 31.39 0.44 35672156.GDAXI DAX DAX 15757.43 64.16 0.41 4607077.FCHI CAC 40 Index CAC 6636.94 36.28 0.55 4584483The pan-European Stoxx 600 gained 0.5% in… Continue reading European markets continue march to record highs as Fed meeting looms

Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says

European stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser. The U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008. Core inflation, which… Continue reading Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says

European stocks cautious as global markets await U.S. inflation data, ECB meeting

European stocks were mixed on Thursday morning as global markets gear up for the latest inflation reading from the U.S. TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME.FTSE FTSE 100 FTSE 7082.86 1.85 0.03 22364283.GDAXI DAX DAX 15536.04 -45.10 -0.29 2492289.FCHI CAC 40 Index CAC 6551.70 -11.75 -0.18 3229561The pan-European Stoxx 600 hovered around the flatline… Continue reading European stocks cautious as global markets await U.S. inflation data, ECB meeting

European markets trade higher ahead of euro zone growth, employment data

European stocks traded higher on Tuesday morning as investors look ahead to euro zone growth and employment data for the first quarter, and remain focused on concerns over rising inflation. The pan-European Stoxx 600 index was up 0.6% with most sectors in positive territory apart from Oil and Gas, Chemicals, Industrials, Basic Resources and Autos.… Continue reading European markets trade higher ahead of euro zone growth, employment data

European markets head for a muted open, continuing a global trend

European stocks are expected to see a cautious start to the trading day on Wednesday, continuing a lackluster start to trading in June. London’s FTSE is seen opening 3 points lower at 7,079, Germany’s DAX is seen 20 points higher at 15,588, France’s CAC 40 up 3 points at 6,491 and Italy’s FTSE MIB 4… Continue reading European markets head for a muted open, continuing a global trend

European markets set for flat open ahead of U.S. jobless claims data

European stocks are expected to open flat on Thursday ahead of key U.S. labor market data expected to give more information about the state of the U.S. economy. London’s FTSE is seen opening 2 points higher at 7,023, Germany’s DAX down 6 points at 15,444, France’s CAC 40 up 3 points at 6,393 and Italy’s… Continue reading European markets set for flat open ahead of U.S. jobless claims data

European stocks head for mixed open as global markets struggle for direction

European stocks are expected to open in mixed territory on Wednesday with global markets struggling for direction. London’s FTSE is seen opening 3 points lower at 7,033, Germany’s DAX up 56 points at 15,529, France’s CAC 40 up 18 points at 6,416 and Italy’s FTSE MIB up 79 points at 24,932, according to IG. The… Continue reading European stocks head for mixed open as global markets struggle for direction

European markets edge higher as global sentiment lifts, inflation fears fade; Deutsche Wohnen up 15% after Vonovia deal

European stocks made modest gains Tuesday morning as easing inflation fears lifted global market sentiment. TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME.FTSE FTSE 100 FTSE 7047.58 -4.01 -0.06 41842251.GDAXI DAX DAX 15552.52 115.01 0.75 12306713.FCHI CAC 40 Index CAC 6413.24 4.75 0.07 2995758The pan-European Stoxx 600 climbed 0.3% in early trade, with tech stocks adding… Continue reading European markets edge higher as global sentiment lifts, inflation fears fade; Deutsche Wohnen up 15% after Vonovia deal

‘I’m not buying it’: One strategist says Wall Street is wrong to be bullish on European stocks

Not everyone is bullish on Europe for the remainder of the year. Peter Toogood, chief investment officer at financial services firm Embark Group, believes European stocks may well keep pace with U.S. stocks in the coming months, but that’s not to say he shares Wall Street’s optimism for the region. Analysts at Morgan Stanley say… Continue reading ‘I’m not buying it’: One strategist says Wall Street is wrong to be bullish on European stocks