European shares ended the trading session Monday in positive territory with modest gains amid optimism about global recovery. Positive trading across Asian markets also lifted market sentiment.
The French market is trading in positive territory in afternoon session Monday. Optimism about global economic recovery following US economic data as well as positive trading in Asian markets also lifted market sentiment.
The German market is trading in positive territory in afternoon session Monday, led by utilities after the German government announced plans to extend the life of nuclear reactors. Optimism about global economic recovery following US economic data as well as positive trading in Asian markets also lifted market sentiment.
European stocks may see further upside on Monday, taking cues from Asian markets, after a better-than-expected U.S. jobs report eased economic worries. However, trading could remain range bound, as the U.S. markets are closed today for Labour Day holiday.
European shares ended the week on a strong note Friday, getting a boost from better-than-expected employment data from the US.
Banks are leading the French market rally in afternoon trading Friday, as sentiment was boosted by the less than expected fall in U.S. unemployment in August.
The UK market is rising moderately in afternoon trading Friday, led by banks and miners. A slew of economic reports and firm cues from Japan and Australia influenced sentiment.
European stocks may edge higher at open on Friday, ahead of a crucial U.S. jobs report, encouraged by a third-straight session of gains on Wall Street overnight and a firm trend in Asia this morning.
Major European indices ended a choppy session near the flat line Thursday, as markets consolidated after the previous session’s sharp rally.
The French market erased early losses and is rising in afternoon trading Thursday. Sentiment was impacted by a slew of economic reports and firm cues from Asia/Pacific.
After yesterday’s sharp gains, European stocks may ease at open on Thursday, as investors pause for profit taking, awaiting interest rate decision from the European Central Bank and revised June quarter GDP data from the eurozone.Economists expect the ECB to retain interest rates at a record low of 1 percent.
European markets closed notably higher Wednesday, following a broad-based advance by stocks, as data revealing improved manufacturing activity in the US and China helped ease concerns over the global economic recovery.
The French market is rallying in afternoon trading Wednesday, led by construction stocks and banks. An increase in manufacturing activity in China and firm cues from Asia cheered sentiment.
The German market is rising notably in afternoon trading Wednesday, led by automakers. An increase in manufacturing activity in China cheered sentiment.
European stocks may edge higher at open on Wednesday, tracking firm Asian markets and the U.S. index futures, after an upbeat report on U.S. consumer confidence, encouraging manufacturing data from China and stronger-than-expected GDP growth in Australia eased concerns about slowing global growth.