European Stock Market

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European Stocks Flopped Amidst Inflation Concerns

On Wednesday, May 19, European stocks flopped, succeeding in a global drop in stock markets on Tuesday amidst investors’ inflation concerns. In front of more retail earnings, U.S. stock futures plunged in early premarket trading on Wednesday. At the same time, Asia Pacific stocks also slumped on the same day. Some markets were shut in …

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EU Stock Futures Up; SocGen, Unicredit 1Q in Focus

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 …

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Early European Gains Wane as Tech, Auto Stocks Weigh

Early European Gains Wane as Tech, Auto Stocks Weigh

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 …

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EU Stock Futures Mixed; COVID Cases in India Rise

European stock markets opened mixed on Wednesday after their worst daily loss so far this year on Tuesday. Investors hope that a positive corporate earnings season will ease concerns about the surging COVID-19 in India.  Analysts at Morgan Stanley, in a note, said that they believe the Q1 earnings season will be strong. Moreover, they …

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EU Stocks Hit Two-week Low; AU’s S&P/ASX 200 up 0.50%

European stocks touched a two-week low on Wednesday, as fresh lockdowns dented sentiment ahead of PMI data. Besides, a row over the supply of COVID-19 vaccines also reduced sentiment. Markets will focus on the IHS Markit’s March business surveys for the eurozone and the United Kingdom. EU officials said COVID-19 vaccine export curbs would extend …

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EU Stocks Down, 3rd COVID Wave Derails Hopes; Au Stocks Down

The growth outlook in Europe has weakened with the third wave of COVID-19 infections leading to further mobility restrictions. This further delayed economic recovery. Germany recorded the biggest daily rise in confirmed coronavirus cases since Jan. 22 on Thursday. In terms of population, it is the largest EU country. France said it would put eight …

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