The Star Bulletin - Daily News Updates

European

European assets are rising as investors watch US economic data

European assets are rising as investors watch US economic data

European assets are rising as investors watch US economic data. Manufacturing and jobs numbers will be scrutinized for indications that the Federal Reserve's campaign to combat inflation is producing results. European shares continued to climb on Wednesday, while bonds across the region rose in the wake of investors getting over the problems of some of the nation's largest firms to concentrate on the latest indicators of a slowing in inflation. In the region, Stoxx Europe 600 added 1 percent in trading early which brought the gains to 3 percent, and London's FTSE 100 climbing 0.3 percent as well as France's…
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European markets kick off the New Year on a high note

European markets kick off the New Year on a high note

European markets kick off the New Year on a high note. European market prices started this New Year on a high note on Monday (2 January) after a turbulent 2022, which saw International Monetary Fund (IMF) chief Kristalina Georgieva warning that three-quarters of the global economy is in danger of recession by 2023. The Paris CAC 40 climbed over 1% as did the Frankfurt DAX increased by 0.7 percent. However, London, Wall Street and oil markets were shut to celebrate the holidays. The majority of Asian stock markets were closed. The ones that did open, Jakarta was flat while Seoul…
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