French stocks outperformed upbeat European indices following a convincing parliamentary majority for President Emmanuel Macron, while the banks bounced following upgrades and the country’s retail sector recovered from last week’s losses.
Tue, 20 Jun, 2017
UK prime minister Theresa May will “move heaven and earth” to trigger Article 50 and start its divorce talks with the EU by the end of March, but there is no disguising that London is badly prepared for the looming negotiations, Scottish first minister Nicola Sturgeon told a business gathering in Dublin.
Wed, 30 Nov, 2016
Sat, 12 Nov, 2016
Thu, 22 Sep, 2016
The value of UK funds’ assets under management has dropped by more than $40bn (€36bn) in the three weeks since Britain’s vote to leave the EU, largely due to the plunge in the pound, fund flows data company EPFR said yesterday.
Sat, 16 Jul, 2016
It won’t surprise any market-watcher to learn that in the run-up to earnings season, companies tend to lower the bar for top and bottom line performance, thereby giving themselves better odds of exceeding analysts’ expectations.
Sat, 02 Jul, 2016
European equities are trailing US shares this year in performance and valuation while seeing outflows of $36bn (€31.7bn) and rising volatility as investors slash exposure to the region, spooked by the vote on UK membership of the EU.
Thu, 09 Jun, 2016
Sterling headed for its biggest weekly decline in more than a month against the dollar late yesterday as UK prime minister David Cameron stepped up efforts to reach a deal with fellow European leaders over the terms of UK membership of the bloc.
Sat, 20 Feb, 2016
Debt issuer the National Treasury Management Agency sold €1bn of 10-year debt to investors yesterday at a yield or interest rate just below 1%, reflecting in part the worldwide flight to safety into government securities, as stock markets tumbled again.
Fri, 12 Feb, 2016
The euro headed for its biggest monthly decline against the dollar since March, and may fall sharply again in the coming months against sterling too, as economists unanimously forecast that the ECB will unveil additional monetary stimulus this week.
Tue, 01 Dec, 2015