Markets

Top 10 European stocks of 2024: Can they repeat their success in 2025?

The European stock market this year delivered some remarkable stories of transformation, innovation and resilience.

26 December 2024

Markets

Natural gas prices at highest for two years on cold weather concerns

Natural gas prices rose to a near two-year high amid concerns of a cold-blast winter in the northern hemisphere. Signs of a US lower supply, as indicated by EIA data, further fuelled the price surge.

20 December 2024

Economy

Stocks plunge as Federal Reserve's tilt triggers ‘Black Wednesday’

Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts ahead. Bitcoin slid 5% after Powell ruled out a US crypto reserve tool.

19 December 2024

Markets

Euro tumbles to a two-year low following Fed's hawkish rate cut

The euro declined against the US dollar to its lowest level since November 2022. The dollar soared after the Federal Reserve delivered its third rate cut of the year and projected a slow easy cycle in 2025.

19 December 2024

Markets

European markets may face pressure following weak Chinese data

China reported disappointing retail sales data for November, underscoring ongoing challenges with sluggish consumer demands. The data will likely weigh on the European stock markets, particularly in consumer, energy, and mining sectors.

16 December 2024

Markets

Gold rallies ahead of Central Bank rate decisions and Syria tensions

Gold prices surged to a more than two-week high amid China's return on gold buying and rising geopolitical tensions following the Syrian unrest. However, an analyst suggests caution.

11 December 2024

Markets

Germany's stock market records new high despite economic weakness

The DAX hit a new high for the second straight trading day on Monday. Strong performances in the technology, financial, and industrial sectors have fuelled the rally, despite broader economic weakness.

3 December 2024

Markets

European markets under pressure amid French political jitters

The European markets continued to underperform global peers following the French political turmoil, although the euro rebounded from a two-year low against the dollar.

29 November 2024

Markets

Euro holds steady despite Trump's renewed threats on tariffs

The euro stabilised against the US dollar on Tuesday, despite more tariff threats from US President-elect Donald Trump, targeting imports from Canada and Mexico.

27 November 2024

Markets

Markets week ahead: Eurozone's inflation figures take centre stage

This week, US politics and geopolitical tensions remain a focus for investors. Economic data such as the EU inflation, the US GDP, and RBNZ's rate decision will take centre stage in regional markets.

25 November 2024

Markets

European stocks fall to three-month low amid geopolitical jitters

The European markets briefly hit a three-month low due to heightened tensions in the Ukraine-Russia war. Investors shifted towards safe-haven assets, while oil prices surged on fears of potential supply disruptions.

20 November 2024

Markets

Weekly Recap: European markets see a resurgence on tech optimism

Global stock markets faced sell-offs this week, as Wall Street's rally began losing momentum amidst fading optimism around Trump. European markets managed a modest rebound on Thursday, spurred by positive outlooks from tech giants ASML and Siemens.

15 November 2024

Markets

Hopes for luxury goods market as China's retail sales surge in October

China released economic data revealing a boost in retail sales and slower declines in home prices, signalling economic recovery amid recent stimulus efforts. This recovery could benefit European luxury and mining stocks, as China's demand strengthens.

15 November 2024

Business

Wall Street bets on likely winners and losers in a second Trump term

Professional investors are warning about the risk of getting carried away by the momentum. While strong rhetoric on the campaign trail can cause the big swings, not all of the promises turn into actual policy.

13 November 2024

Markets

European markets rebound as Chinese data fuels rally

European stock markets rallied as strong Chinese trade data lifted sectors sensitive to consumer demand, driving broad gains. The Fed's recent rate cut may further bolster risk-on sentiment.

8 November 2024

Markets

European markets drop after Trump's win as focus shifts to the Fed

European stock markets largely declined on Wednesday, moving in contrast to gains in US markets as investors weighed the impact of Trump’s tariff policies on the eurozone economy.

7 November 2024

Markets

Stocks dip as uncertainty ahead of US Election fuels market volatility

Market sentiment soured amid uncertainties surrounding next week's US election, exerting pressure on stock markets. The euro strengthened due to rising inflation, while the US dollar weakened ahead of the upcoming non-farm payroll report.

1 November 2024

Business

HSBC stock rises nearly 4% as it reveals billion-euro share buyback

HSBC reported strong third-quarter earnings, driven by robust performance in wealth and personal banking, as well as investment banking, alongside the announcement of an additional $3bn (€2.8bn) share buyback plan.

29 October 2024

Markets

European markets higher after Wall Street climbs on Big Tech gain

European markets open in the green as Asian shares mostly rise after Wall Street climbs on Big Tech gains.

29 October 2024

Markets

Eurozone inflation data and tech company earnings in focus this week

This week is lined up with critical economic events and company earnings, which are expected to drive market sentiment. Eurozone inflation data will be the focal point for the region.

28 October 2024