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Author Archives: Business Editor

European Markets Continue To Recover

The European markets extended their recovery to a third straight session Wednesday, following the sharp drop during the prior trading week. After getting off to a positive start, the markets settled into a sideways trend for the bulk of Wednesday’s ...

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European Shares Extend Gains For Third Day

European stocks rose for a third day on Wednesday as the dollar held relatively stable on Fed rate hike expectations and flash estimate from Eurostat showed the euro area economy expanded as initially estimated in the second quarter. Read Full ...

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FTSE 100 Edges Higher Led By Commodity-related Stocks

U.K. shares rose on Wednesday as higher commodity prices lifted mining and energy stocks and official data showed the country’s jobless rate fell to 4.4 percent in the second quarter, the lowest since 1975, from 4.9 percent a year ago. ...

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CAC 40 Rallies As Dollar Holds Steady

French shares rallied on Wednesday as the dollar held relatively stable on Fed rate hike expectations and investors looked ahead to the release of Eurozone GDP data later in the day for clues on ECB President Mario Draghi’s upcoming moves. ...

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DAX Rises Ahead Of Eurozone GDP Data

German shares rose sharply on Wednesday as the dollar held relatively stable on Fed rate hike expectations and investors looked ahead to the release of Eurozone GDP data later in the day for clues on ECB President Mario Draghi’s upcoming ...

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European Shares Poised For Flat Open

European stocks may open largely unchanged on Wednesday, with a weaker euro on the back of upbeat U.S. retail sales data and higher oil prices likely to support underlying sentiment. Read Full Story

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European Shares Hold Steady On Improved Risk Appetite

European stocks recovered further ground on Tuesday, as geopolitical worries abated, oil steadied after sharp overnight falls and the euro edged lower against the dollar, helped by comments from New York Federal Reserve President William Dudley backing another rate hike ...

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FTSE 100 Inches Higher As Inflation Holds Steady

U.K. shares rose on Tuesday and the pound dropped after official data showed U.K. consumer prices unexpectedly held steady in July, helping ease the pressure on the Bank of England to raise interest rates soon. Read Full Story

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CAC 40 Extends Gains As North Korea Tensions Ease

French shares extended gains from the previous session on Tuesday as oil prices steadied after sharp overnight falls and the euro edged lower against the dollar, helped by comments from New York Federal Reserve President William Dudley backing another rate ...

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