Blue chips look like a good investment, but be careful, economist says Rob Buckland, Citi’s Global Chief Economist, discusses blue chip companies, oil stocks and the profit environment for 2023 on CNBC’s “Squawk Box Europe.” Oil and gas stocks fall as oil prices are expected to drop 10% per week European oil and gas stocks …
European markets close higher as China reopens, economic outlook focuses Read More »
Slowdown in private equity deals set to continue in 2023, says fund manager The slowdown in private equity transactions is expected to continue in the first quarter of 2023, according to a trust fund manager at Abrn. Alan Gauld, trust fund manager of private equity opportunities at Abrn, discussed the company’s 2023 outlook for private …
European markets retreat as global sentiment falters on recession fears Read More »
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 »
UK gilt market ‘not back to normal’, says BOE governor Britain’s gilt market is “not back to normal” after the Bank of England intervened on Sept. 28, according to Governor Andrew Bailey, who spoke to a committee of lawmakers on Tuesday. The governor said the bank did not want to buy pegged gilts, but “needed …
European Markets Stall as China Covid Policy Takes Center Stage; HSBC up 5% on RBC deal Read More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Wednesday, November 9, 2022. Michael Nagle | Bloomberg | Getty Images Global stocks fell on Monday after rare protests erupted across China over the weekend amid growing unrest over the country’s zero-Covid policy. An apparent easing earlier this month …
Protests in China drag global stocks down as strategists see Covid disruption linger Read More »
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 »
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 »
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 »
