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European stocks start week with solid gains

Agence France-PresseJune 17, 2013 14:00
European stock markets rose solidly on Monday as traders looked ahead to a key US Federal Reserve meeting due mid-week while keeping an eye over the G8 summit in Northern Ireland. London's FTSE 100 index of leading shares climbed 0.35 percent to end at 6,330.49 points, Frankfurt's DAX 30 index jumped 1.08 percent to 8,215.73 points, and in Paris the CAC 40 soared 1.54 percent to finish at 3,863.66 points. Madrid's IBEX 35 index gained 0.81 percent and Milan rose 0.26 percent.

European stocks kick-off week with solid gains

Agence France-PresseJune 17, 2013 10:30
European stock markets rose solidly on Monday as traders looked ahead to a key US Federal Reserve meeting due mid-week while keeping an eye over the G8 summit in Northern Ireland. London's FTSE 100 index of leading shares climbed 0.53 percent to stand at 6,341.59 points in afternoon deals. Frankfurt's DAX 30 index rallied 1.44 percent to 8,244.73 points and in Paris the CAC 40 jumped 1.65 percent to 3,867.94. Madrid's IBEX 35 index gained 1.24 percent and Milan rose 0.72 percent.

Stocks slump on Wall Street, giving the Dow average its first three-day loss this year

The Canadian PressJune 12, 2013 17:44
NEW YORK, N.Y. - The stock market is ending lower for the third day in a row after an early morning rally faded away. The Dow Jones industrial average ended with a loss of 126 points, or 0.8 per cent, at 14,995 Wednesday. The Dow had its first three-day loss of the year and its second close below 15,000 in the past month. The Dow was up as much as 119 points in the first few minutes of trading, then drifted lower throughout the day. The Standard The Nasdaq composite fell 36 points, or 1.1 per cent, to 3,400.

Analysis: FX intervention default policy in Asia as Fed fears rise

June 12, 2013 13:36
By Vidya Ranganathan SINGAPORE (Reuters) - Asia's central banks are likely to use heavy currency intervention as their weapon of choice in dealing with regional market turbulence but high debt levels will make them more reluctant than in the past to raise interest rates if tensions escalate.

Spain's bad bank booked March-May revenue of 500 million euros

June 3, 2013 11:33
MADRID (Reuters) - Spain's bad bank, Sareb, has sold 550 homes since it started in February, and booked revenue of 500 million euros ($648 million) from real estate sales and rentals and from managing its portfolio of credits linked to the property sector. Sareb was created as part of the terms of a 41 billion-euro European rescue of Spain's weakest banks last year.

Asian stock markets fall on heels of a Wall Street plunge as Fed uncertainty shakes markets

The Canadian PressJune 3, 2013 01:16
BANGKOK - Uncertainty about the U.S. Federal Reserve's next course of action and a sharp, sudden plunge on Wall Street sent Asian stock markets lower Monday. Japan's Nikkei 225 index lost 3 per cent to 13,359.16, echoing U.S. stock market losses Friday. The Dow dropped more than 200 points, its worst drop in six weeks. The Nikkei also weakened as the Japanese currency posted gains against the dollar, a currency movement seen as negative for Japan's exporters since their products become more expensive when sold overseas.

US stocks fall on concerns about growth

Agence France-PresseMay 29, 2013 22:16
US stocks Wednesday closed lower amid concerns about global economic growth and the US Federal Reserve's plans for unwinding its aggressive stimulus program. The Dow Jones Industrial Average fell 106.59 (0.69 percent) to 15,302.80. The broad-based S&P 500 gave up 11.70 (0.70 percent) at 1,648.36, while the tech-rich Nasdaq Composite Index dropped 21.37 (0.61 percent) to 3,467.53. The losses came after the Organization for Economic Cooperation and Development trimmed its world economic growth forecast for 2013 to 3.1 percent from 3.4 percent.

Europe stocks end up on US data, hoped central bank support

Agence France-PresseMay 28, 2013 13:48
Europe's main stock markets rebounded and closed markedly higher on Tuesday, boosted by better-than-expected US data and what market watchers interpreted as indications of continued central bank support. London's benchmark FTSE 100 index ended the day 1.62 percent higher to reach 6,762.01 points, while the DAX 30 index in Frankfurt added 1.16 percent to close at 8,480.87 points. In Paris, the CAC 40 increased 1.39 percent to finish at 4,050.56 points.

Europe stocks climb, awaiting US reopen

Agence France-PresseMay 28, 2013 07:17
Europe's main stock markets rose in late morning deals on Tuesday as London reopened after a long holiday weekend. Traders were also awaiting the return of activity on Wall Street following gains for indices across Asia. London's benchmark FTSE 100 index jumped 1.58 percent to 6,759.15 points, Frankfurt's Dax climbed 1.07 percent to 8,472.66 points and in Paris the CAC 40 index of leading shares advanced 1.35 percent to 4,049.01.

European stocks rise in muted trading

Agence France-PresseMay 20, 2013 13:15
European stock markets rose to fresh highs in muted holiday trading on Monday despite weak Italian economic data following strong start to the new week for Asian equity prices. London's FTSE 100 index of leading shares added 0.48 percent to hit a 13-year closing high of 6,755.63 points. Meanwhile in Frankfurt the DAX 30 index set a fresh record high close after climbing 0.69 percent to 8,455.83 points. In Paris the CAC 40 rose 0.54 percent to 4,022.85 points, having repassed the 4,000 mark at the end of last week for the first time since July 2011.
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