European stock markets opened higher continuing the positive tone from the previous session. Investors assess more corporate earnings ahead of a Bank of England meeting. The overall tone remains positive as the 1Q earnings season continues. Likely to be in the spotlight on Thursday will be Societe Generale. The French bank beat expectations in its …
EU Stock Futures Up; SocGen, Unicredit 1Q in Focus Read More »
Sentiment took a knock after a selloff in large-cap Wall Street tech firms. In addition, talks of rising U.S. interest rates also led to Asian shares risking to fall for a fourth straight session on Wednesday. Limiting the early reaction were the holidays in Japan, China, and South Korea. This brought the MSCI’s broadest index …
Asia Shares Flat, U.S. Tech Retreat Dulled due to Holidays Read More »
European shares edged lower on Tuesday’s stock market as early gains from commodity, bank, and travel stocks receded. The gains saw an offset from the losses in highly valued tech companies and automakers. The travel and leisure sector added 0.2%. The sector benefited from Britain’s announcement of a green list for countries that people can …
Early European Gains Wane as Tech, Auto Stocks Weigh Read More »
Asia Pacific stocks were mostly up on Monday morning. However, volumes were thin as two major markets closed in the region. Moreover, inflation concerns were re-emerging. At the close of the previous session, the U.S Treasury yields stood above the 1.6% mark. Inflation concerns were returning as U.S. economic data indicated potential inflation pressures. It …
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