ADVERTISEMENT

More about this topic

European markets

Now playing Next

Weekly recap: European markets retreat following weak US data

TOP TAGS

RUSSIA CATHOLIC CHURCH UKRAINE WAR POPE FRANCE PARALYMPIC GAMES SPAIN PARIS

More about this topic

Now playing Next

Economic sentiment lifts as services rebound - Dax hits record highs

A robust services sector and better employment prospects helped lift economic sentiment in the eurozone and European Union in August. The DAX hit record highs as inflation fell across German states.

29/08/2024

Now playing Next

German economy shrinks as consumers shy away from spending

Germany contracted by 0.1% in the second quarter of the year, raising recession fears. Consumer confidence plummeted, investments weakened, and the economy sharply underperformed compared to other major nations.

27/08/2024

Now playing Next

EU inflation data in focus as ECB considers next interest rate move

The Eurozone is set to release its first estimate of inflation for August, offering clues about the ECB's interest rate decision in September. Nvidia's earnings results will also be in the spotlight as investors seek to gauge the trajectory of the AI industry.

26/08/2024

Now playing Next

Stock markets rally on expectations of rate cuts by central banks

Global stock markets rallied on growing expectations of rate cuts by central banks. However, the momentum eased as investors grew cautious ahead of the Jackson Hole Symposium, which gets underway in the US today.

23/08/2024

ADVERTISEMENT

Now playing Next

Markets eye ECB decision as Fed minutes reinforce rate cut bets

The minutes from the Federal Reserve's July meeting indicate that the bank is likely to begin cutting interest rates in September. Markets will closely watch the ECB's decision next month as the euro reaches a one-year high against the US dollar.

22/08/2024

Now playing Next

Markets look ahead: Jackson Hole Symposium takes centre stage

This week, central bankers will convene in the US state of Wyoming to discuss economic outlooks and monetary policies. Key economic data is expected to drive further volatility in the financial markets.

19/08/2024

Now playing Next

Markets recap: Risk-on sentiment returns amid optimism over rate cuts

Major stock markets are set to end the week on a positive note as the rebound continued amid optimism over rate cuts. Technology shares, in particular, experienced a broad rally driven by dip-buying.

16/08/2024

Now playing Next

Currency war ahead? Euro gains as US CPI boosts Fed rate cut outlook

Favourable market conditions in the eurozone and the UK and lower US inflation could prompt the US Federal Reserve to consider rate cuts. As the euro and pound strengthen, the Fed might feel pressured to adjust rates to maintain the competitiveness of the dollar.

15/08/2024

Now playing Next

Sterling gains against the euro as UK wage growth hits two-year low

The pound sterling gained against the euro on Tuesday morning as latest data from the UK showed wage growth at a two-year low.

13/08/2024

Now playing Next

Oil and gold prices surge as tensions rise in the Middle East

Crude oil and gold prices surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. While increasing demand for safe-haven assets is likely to sustain gold prices, the bullish momentum in oil markets may also persist due to concerns over undersupply.

13/08/2024

Now playing Next

The Big Question

The Big Question: Why is it hard for banks to cut fossil fuel finance?

In this episode of The Big Question, the European Banking Federation CEO shares his thoughts on ending fossil fuel investments and the problem with doing it too quickly.

12/08/2024

Now playing Next

Markets look ahead: Crucial data may hold key to what happens next

Market sentiment may remain fragile following the recent rout, as investors turn their attention to key indicators from major economies this week. In particular, US inflation data will be crucial in shaping global market trends.

12/08/2024

Now playing Next

Barclays becomes first UK bank to lift the EU cap on bankers' bonuses

The formal lifting of the cap on bonuses which was originally imposed by the EU opens the way for staff to receive up to ten times their salaries in bonus payments. The move is part of a wider post-Brexit push to boost the City of London.

09/08/2024

Now playing Next

Wall Street sees sea of red as investors fear US economic slowdown

Stocks open sharply lower on Wall Street as investors fear a US economic slowdown; Dow drops 1,000 points.

05/08/2024

Now playing Next

Why global financial markets are witnessing a wave of risk aversion

Fears of a US recession are driving global market sell-offs. Equities dropped sharply, the dollar weakened, and bonds and the yen strengthened.

05/08/2024

Now playing Next

European markets move sharply lower as global turmoil deepens

European markets opened sharply lower as risk-off sentiment continues to prevail following intense sell-offs in the Asian session on Monday.

05/08/2024

Now playing Next

Markets ahead: Turbulence brewing as rate decisions in focus?

This week will be marked by interest rate decisions from three major central banks: the Bank of England (BOE), the Federal Reserve (Fed), and the Bank of Japan (BOJ). Additionally, inflation readings from the euro area will be in the region's spotlight.

29/07/2024

Now playing Next

Weekly markets recap: Losses deepen as risk-off sentiment prevails

Global markets may continue a weekly decline due to the intense selloff in blue chips, particularly in technology shares. However, the European markets showed more resilient movements than their US peers.

26/07/2024

Now playing Next

US stocks climb as markets factor in Biden's decision to step aside

US stocks began climbing on Monday, clawing back some of the losses from their worst week since April.

22/07/2024

Now playing Next

European stocks extend losing streak as IT outage disrupts key sectors

European stocks extended their losses on Friday as a global tech outage disrupted banks, airlines, and sectors globally, marking the longest losing streak since October 2023.

19/07/2024