European stock markets rise as German producer prices drop, China's rate cut disappoints, and the UK housing market slumps; oil prices rebound on tight supplies and expectations of lower output.
European stock markets are expected to open higher following positive moves on Wall Street, as investors anticipate fresh economic data and a potential pause in interest rate hikes by the Federal Reserve.
European markets are expected to open higher following UBS's strong quarterly results and positive economic data, while China's factory activity contracted and U.S. job growth slowed in August.
European stock markets opened lower on Tuesday as the boost from Chinese stimulus measures faded, with construction and banking stocks experiencing the biggest falls, while Danish drug-maker Novo Nordisk became Europe's most valuable firm.
European stocks are set for a flat open as investors focus on the extension of oil production cuts by Saudi Arabia and Russia, while US and Asia-Pacific markets react to the decision.
European markets are set to open lower as investors await data releases and focus on economic data and interest rates, while global market sentiment has worsened; Asian markets were mostly lower and US stock futures were unchanged amid concerns over the Federal Reserve's interest rate policy; the British pound is lower after Bank of England Governor Andrew Bailey's comments on nearing peak rates; Goldman Sachs reveals its preferred sector in China and names two conviction list stocks; Boston Federal Reserve President Susan Collins says the central bank can proceed cautiously on future rate hikes; Morgan Stanley names a European bank as a top pick with 35% upside.
European markets opened higher on Friday, looking to rebound after seven consecutive sessions of losses, as investors assess weak Chinese data, higher government bond yields, and renewed inflationary concerns in the U.S. despite German inflation easing to 6.4% in August.
European markets are anticipated to open in mixed territory on Monday as investors await key economic data releases globally, including U.S. inflation data and the European Central Bank's rate decision, while Chinese stock markets have struggled to perform this year.
British grocery inflation fell to its lowest level in a year in September, with prices rising fastest in products such as eggs, sugar confectionery, and frozen potato products, providing some relief for consumers and the government.
European markets are poised for a negative open as investors await U.S. inflation data for August, which is expected to show a year-over-year rise of 3.6%.
European markets rise as global investors await the U.S. Federal Reserve's monetary policy decision; retail stocks lead gains while oil and gas dip slightly, and U.K. inflation falls below expectations in August.
European markets are poised to open lower due to upcoming interest rate decisions from several central banks, while global markets react to the U.S. Federal Reserve's announcement to hold interest rates steady and raise economic growth expectations.
European markets are set to open lower as negative momentum continues, with investors concerned about higher interest rates, inflation, and economic uncertainty.
European markets are set for a mixed open as investors weigh inflation, interest rates, and global economic health, while Asian markets and US stock futures experienced mixed results.
European markets are set to open higher on Monday following a slowdown in euro zone inflation, while Asia-Pacific stocks traded mixed and U.S. stock futures jumped after a temporary agreement was reached to avoid a government shutdown. Veteran EM investor Mark Mobius recommends two tech giants for portfolios investing in developing economies, and Goldman Sachs names six global stocks to play the energy transition.
Supermarket competition in the UK has led to the first monthly drop in food prices in over two years, with prices down 0.1% in September, according to the British Retail Consortium (BRC). The BRC also reported that grocery inflation fell to 9.9% in September, down from 11.5% in August, while overall shop price inflation decreased to 6.2%. Although prices are still rising, the rate of inflation is slowing, providing some relief for households. However, the BRC warned of potential risks such as high interest rates, climbing oil prices, and supply chain disruption.
European markets are set to open higher despite the ongoing conflict between Israel and Hamas, while Asia-Pacific markets and U.S. stock futures also showed positive movement.
UK grocery price inflation has reached its lowest rate in over a year, with the price of butter dropping by 16p compared to last year, according to Kantar, although prices for items such as eggs, sugar confectionery, and frozen potato products are still on the rise.
