Rising global borrowing costs show that investors “are already pricing in” the economic impact of Trump’s policies.
The European Central Bank will continue to cut interest rates at a gradual pace, the institution's President Christine Lagarde told CNBC.
JPMorgan Chase & Co. strategists have predicted that US firms' profit levels will likely outdo their European counterparts.
As the greenback moved upward, European currencies found themselves at multi-year lows. The euro fell 0.4% to $1.0199 by 12:50 p.m. London time on Monday, its lowest value against the dollar since Aug. 2022. It was little changed on Tuesday morning.
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.
European shares opened higher on Wednesday due to broad-based gains as bond yields took a breather ahead of a crucial inflation reading in the United States, while British bourses outperformed following a soft local inflation reading.
European shares fell to a one-week low on Monday amid a broader market selloff as global equities came under pressure following U.S. jobs data, which strengthened expectations that the Federal Reserve will approach interest rate cuts cautiously this year.
European shares rose on Friday and were heading for their biggest one-week jump since September as falling bond yields, stronger-than-forecast
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The Federal Reserve will soon begin its quinquennial review of the monetary policy strategy, tools and communications employed to fulfill its Congressional mandate— price stability, maximum employment and moderate interest rates.
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
The Big Tech long trade got more vindication Wednesday as Netflix Inc. surged as much as 15% in the premarket on fourth-quarter results that beat estimates. If premarket gains carry through the day, Netflix will hit an all-time high and be set for its biggest rise since October 2023.