European markets are awaiting inflation data from the Eurozone

The fund manager says the short-term rally in the European market could be an opportunity to reduce exposure to equities M&G Investments’ Maria Monici says the rally could be a “tactical opportunity to cut back some of that equity exposure.” Julius Baer accepts £18m fine by UK regulator over ‘researcher fee arrangement’ A pedestrian walks … Read more

Open for closes, stocks, data and news

Ifo Institute says German economic sentiment improved in November The Ifo institute’s German business climate index rose to 86.3 in November from 84.5 in October. “While companies were somewhat less satisfied with their current business, pessimism about the coming months has declined sharply. The recession may be less severe than many expected,” said IFO President … Read more

European markets open for closing, data and profits

The UK labor market slowed slightly in the third quarter The tight UK labor market saw a slight cooling in the third quarter as the economy entered into contraction. The unemployment rate was 3.6% in the three months to September, up from a five-decade low of 3.5% recorded between June and August. Data from the … Read more

European stocks open to close, data, earnings and market moves

Vivendi is keen to talk to the Italian government about the One Network plan Telecom Italia’s lead investor, Vivendi, wants to start talks with the newly elected Italian government to discuss plans to create a national broadband company, according to Sources close to the cluster. Negotiations for the sale of Telecom Italia’s landline network to … Read more

The Russian court rejected Grenier’s appeal, and sent her to a penal colony

NBA women’s basketball player Brittney Grenier, who was detained at Moscow’s Sheremetyevo Airport and later charged with illegal cannabis possession, stands inside a defendants’ cage before a court hearing in Khimki outside Moscow, on August 4, 2022. Evgenia Novozinina | AFP | Getty Images WASHINGTON – A Russian court on Tuesday upheld the nine-year prison … Read more

European markets stabilize after UK inflation data; ASML is up 6%.

Chip company ASML rose 7% The chip maker ASML rose 7% at 9.20 am London time after beating earnings expectations and reporting record new bookings in the third quarter. – Hannah Ward Glinton Stock action: ASML up 5%, Sartorius up 14% Chip company shares ASML It rose 5.3% after positive third-quarter earnings. Sales were better … Read more

Open to Close, Stock Movements, Data and Earnings

Stocks on the go: Zalando up 5%, DS Smith down 3% Zalando Shares gained more than 5% in early trading to lead the Stoxx 600 after the German online retailer struck a new strategic partnership with US sportswear giant Nike. At the bottom of the European premium index, British packaging company DS Smith slipped 3.7%. … Read more

Open to Close, Stocks, Data, Earnings and News

Stocks on the move: Nordnet shares down 6% and Avanza 5% after September numbers Swedish financial services companies Avanza And the nordnet They fell 5% and 6%, respectively, in early trade after publishing their monthly figures for September. At the top of the Stoxx 600, the German chip maker Infineon 4% profit. Ifo says more … Read more

European markets rise with the rise of global markets; Stokes 600 increase 1.6%

Stocks on the go: Greggs and Accelleron rise 5% A share of the British bakery chain Greg Gaining 5.6% in early trade after reporting a rise in quarterly sales despite a worsening cost-of-living crisis and waning consumer confidence in the UK Axelron Shares are up 5% as investors pick the stock at a discount after … Read more