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Markets
Markets round-up: China growth measures drive up European stocks
Chinese stimulus policies boosted stock markets across Europe, particularly in sectors more exposed to Chinese consumer demand, such as luxury and automotive stocks. Both the Euro Stoxx 600 and the DAX reached new record highs.
Markets
Metal prices soar as Fed and China’s stimulus ignites market activity
Metal prices surged, with gold reaching a new record and silver briefly hitting a 12-year high following central banks' easing policies. Copper also experienced a price rally amid China's additional stimulus measures. However, the price rise may not end here.
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Markets
Pound, euro, and gold surge as US dollar weakens
Both the euro and the British pound surged further against the US dollar, while gold prices hit a fresh high before pulling back on Wednesday. The dollar's weakness may continue to exert upside pressure on currencies and metal prices amid growing expectations of rate cuts by the Federal Reserve.
Markets
Gold rush as metal holds onto its shine: What's behind the surge?
A number of factors have helped sustain the current wave of interest in gold. China's demand surge, the valuation of the US dollar, and the interest rate path of the Federal Reserve Bank (Fed) may all have had an impact on prices.
Europe News
Energy-intensive industries want 'compensation' for green transition
Peter Claes, President of the IFIEC (International Federation of Industrial Energy Consumers) Europe told Euronews that companies that use a lot of energy to make their products are bearing the brunt of increased energy costs, despite acting to reduce their carbon footprints.