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The latest flare-up in fighting probably won't force the European Central Bank's hand on Thursday, even as energy costs creep higher.
Analysts at ING said a surprise hike at Thursday's meeting “should not be fully ruled out.”
Allspring Global Investments Holdings LLC reduced its position in shares of iShares MSCI France ETF (NYSEARCA:EWQ) by 26.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 568,123 shares of the exchange traded fund's stock after selling 201,678 shares during
The ECB hiked its key deposit rate by 25 basis points in June as energy prices spiked. Investors had written off a hike at next week's meeting, but higher oil prices have brought monetary policy back into question.
The World Cup has reached its final four. Spain, France, England, and Argentina will contest some exciting matches this week in advance of the final.
MFE-MediaForEurope plans to launch a single streaming platform across its European markets by combining technologies developed by its Italian and German businesses as the broadcaster steps up efforts to compete with global digital and advertising giants.
The DAX is singled out as the market most likely to see squeeze-driven gains in the weeks ahead Citi has warned that European stock markets face a growing risk of short squeezes, as investors caught betting against rising prices are forced to buy back their positions. The US bank said global equity positioning remained supportive of further gains, but that regional differences were becoming more pronounced.
Europe's major stock markets ended higher on Friday, with the pan-European STOXX 600 and Germany's DAX reaching fresh record highs as investors welcomed easing expectations for near-term US interest rate hikes and rotated into cyclical sectors. The STOXX 600 climbed 0.7% to close at a record high after touching an intraday peak of 652.35, registering its strongest weekly gain since mid-May.