CAC 40 index

European markets fall as investors assess China's Covid relaxation and oil moves

European markets fall as investors assess China’s Covid relaxation and oil moves

Stocks in motion: CFF up 8%, Rational down 7% Swedish real estate company SBB saw its shares surge 8% mid-afternoon to top the Stoxx 600 after presenting its pro forma earning capacity for 2023 following the sale of shares in education unit EduCo. At the bottom of the index, German kitchen appliance maker Rational fell …

European markets fall as investors assess China’s Covid relaxation and oil moves Read More »

European markets rise as investors follow data, Fed minutes;  Credit Suisse down 4%

European markets rise as investors follow data, Fed minutes; Credit Suisse down 4%

Stocks in motion: Nemetschek up 7%, Endesa down 6% Shares of Nemetschek climbed 7.5% in the early afternoon after the German software company launched a new cloud-based service on Tuesday. At the bottom of the index, Spanish power utility Endesa fell more than 6% after new 2023-24 targets failed to excite analysts. EBRD: real risk …

European markets rise as investors follow data, Fed minutes; Credit Suisse down 4% Read More »

European markets edge lower as investors assess economic outlook

European markets edge lower as investors assess economic outlook

October wholesale price inflation in Germany well below expectations Germany’s producer price index came in at -4.2% month on month in October, the Federal Statistical Office said on Monday, well below Reuters consensus forecast for a 0.9 increase. %. On an annual basis, wholesale prices rose 34.5%, below expectations of a 41.5% slope. -Elliot Smith …

European markets edge lower as investors assess economic outlook Read More »

European markets edge lower as investors assess economic outlook

European markets edge lower as investors assess economic outlook

October wholesale price inflation in Germany well below expectations Germany’s producer price index came in at -4.2% month on month in October, the Federal Statistical Office said on Monday, well below Reuters consensus forecast for a 0.9 increase. %. On an annual basis, wholesale prices rose 34.5%, below expectations of a 41.5% slope. -Elliot Smith …

European markets edge lower as investors assess economic outlook Read More »