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European markets set to open higher following UBS earnings

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.

cnbc.com
Relevant topic timeline:
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 were higher, with health-care stocks leading gains, while autos stocks declined following grim PMI figures for Germany; investors are also focusing on earnings and central bank comments in the U.S.
U.S. stocks are set to open higher as investors await fresh labor data that could impact the Federal Reserve's interest-rate decision.
European stocks opened the week on a positive note, following gains on Wall Street and a rally in Asia after China announced support for its equities market.
European shares traded higher as traders considered the possibility of higher interest rates from the U.S. Federal Reserve and awaited upcoming economic data, while U.S. stocks opened higher and Asian stocks rallied due to a stock market policy change in China.
Asian markets are expected to open strong, supported by a global equity upswing and lower bond yields, although caution remains due to the latest efforts by Beijing to support the Chinese stock market.
European stock markets are higher as investors await economic data and mining stocks lead gains. Toyota suspends operations in 12 assembly plants in Japan due to a system glitch, and an analyst recommends a global chipmaker with a cash advantage.
Global markets are watching for the latest round of retailer earnings reports as well as the release of the July Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics, while European indexes are being boosted by a jump in commodity prices linked to China's stimulus measures.
US markets closed higher on Tuesday as softening job market data sparked hopes of a pause in rate hikes.
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.
Global markets show mixed performance, with Japan, China, Hong Kong, India, and Australia experiencing modest gains, while the US markets closed higher fueled by optimism over a possible pause in interest-rate hikes, as oil prices extend gains and gold prices remain near three-week highs.
Asia-Pacific markets rise as investors anticipate China's August factory activity data, with the country's manufacturing sector expected to contract for the fifth consecutive month, while US stocks gain due to positive economic data and revised GDP growth figures.
UBS reports higher than expected profits, job creation in the US slows, and markets rally on weaker economic data and hope for a pause in interest rate hikes. China's factory activity shrinks but at a slower pace, while retail sales increase. There are opportunities for investors in other Asian markets.
Wall Street stocks opened higher as new data showed easing inflation, boosting the Dow Jones and S&P 500, with investors taking heart from signs of a soft landing for the US economy.
Summary: European markets are poised for a positive start to the week, influenced by the positive trade in the Asia-Pacific region, while investors keep an eye on German trade balance data and a speech by Christine Lagarde, the President of the European Central Bank. Additionally, Fidelity's China fund is on track to outperform its peers for the second year in a row, Arm aims for a listing price between $47 and $51 per share in its IPO, and the US Department of Labor reports a rise in unemployment and lower-than-expected wage growth in August.
Asian stocks are expected to open lower as traders focus on China's economic conditions and European shares fail to provide a strong lead, while oil and bond yields remain relatively high.
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.
Shares in Europe opened lower following declines in Asian markets due to weaker Chinese services data and concerns about the property industry, while in the US, the S&P 500 rose after employment figures suggested a cooling job market, raising hopes of the Federal Reserve moderating interest rate increases.
Summary: The US markets ended mixed after the release of the latest jobs report data, with the economy adding 187,000 jobs in August but seeing an increase in unemployment, while in Asia, Japan's Nikkei 225 closed higher, Australia's S&P/ASX 200 was down, and China's Shanghai Composite and Shenzhen CSI 300 declined. Additionally, European markets saw declines, and commodities such as crude oil, natural gas, gold, silver, and copper experienced varying price movements.
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 stock markets edged higher as investors digested positive French industrial production data, although major cash indices are on track to register losses for the week, and the pan-European benchmark index has experienced seven consecutive days of losses. French industrial production rebounded more than expected in July, while figures for Spain showed a smaller-than-expected decline. However, German industrial production fell more than expected in July, and economic growth in the eurozone for the second quarter was just 0.1%. Concerns about the strength of the Chinese and Japanese economies have also risen. The tech sector is under pressure due to Apple's difficulties in China, and oil prices have retreated but are still on course for gains this week.
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.
Stocks are expected to open the week higher, with the S&P 500 up 0.5% in premarket trading, as investors look ahead to key U.S. economic data and show interest in companies such as Lennar, Arm, Tesla, and Oracle.
Asian equity markets finished the day mixed, with Japan's Nikkei, Hong Kong's Hang Seng, and Taiwan's TAIEX declining, while South Korea's KOSPI, Australia's ASX All Ordinaries, India's SENSEX, and China's Shanghai Composite closed higher; European markets are higher in midday trading and U.S. equity futures point to a positive open following an upgrade by Morgan Stanley of Tesla's shares.
U.S. stocks opened higher on Monday, as major benchmarks attempt to extend Friday's gains, despite worries over rising Treasury yields and oil prices.
European stock markets are expected to open higher on Tuesday as investors await economic data, including U.S. inflation figures and the European Central Bank's rate decision, while Arm IPO's price could potentially surpass $51 per share. Meanwhile, tech investor Paul Meeks plans to buy tech stocks once the market correction subsides, and Federal Reserve officials are reportedly feeling less urgency for another rate hike. HSBC has also named its "must see stocks" in the UK.
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%.
Equities edge down as inflation increases more than expected, mortgage applications reach lowest level since 1996, Apple's iPhone updates disappoint investors, UBS initiates coverage on Ford with a buy rating, China denies ban on government workers using foreign-branded devices, JPMorgan downgrades Oracle, antitrust lawsuits against Google begin, and Arm Holdings' IPO is expected to be the largest listing of the year.
Wall Street stocks opened higher as investors assessed strong retail sales and wholesale price inflation data to gauge the Federal Reserve's approach to interest rates, with the S&P 500 gaining 0.5% and the Dow Jones Industrial Average ticking up 0.4%.
China's positive retail sales and factory production data, coupled with expectations of a peak in interest rates at major central banks, are likely to boost equity markets at the European open.
European markets opened positively as the European Central Bank suggested that its latest interest rate hike may be its last.
Gold and silver prices are higher as both markets rebound from multi-week lows, while stocks in Asia and Europe rise and U.S. stock indexes are expected to open mixed; China's economic data shows signs of a fragile economic recovery and the U.S. dollar weakens.
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.
U.S. stocks are expected to open lower and the dollar is soaring after the Federal Reserve indicated that interest rates will remain higher for a longer period, while the Bank of England faces a tough rate decision and the Swiss National Bank has paused its rate-hiking cycle.