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Europe: Shares stumble from six-week highs after Chinese GDP data[LONDON] European shares slipped on Monday from six-week highs after China's fourth-quarter growth figures confirmed a slowdown in the world's second-biggest economy with 2018 its weakest year since 1990. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Trade war hopes lift shares to early December highs[LONDON] European shares opened higher on Friday and reached their highest level since early December as new-found hope about the Sino-US trade negotiations lifted stock markets from Wall Street to Asia. Read more at The Business Times.
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Europe: Shares in reverse after shock China data; luxury stocks fall[LONDON] China's surprisingly weak trade data brought a four-day rally in European shares to a halt on Monday, with luxury goods and technology stocks leading the drop as investors fretted about slowing global growth and weaker-than-expected earnings. Read more at The Business Times.
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Europe: China stimulus boosts European shares[LONDON] European shares bounced on Tuesday after China signalled more stimulus measures to soften the blow from an ongoing tariff war with the United States, triggering relief in trade-sensitive tech, mining, and car stocks as some results also impressed. Read more at The Business Times.
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Europe: Stocks, banks gain after Brexit deal defeat while UK shares lag[LONDON] British shares lagged Europe slightly on Wednesday after Prime Minister Theresa May's resounding defeat in a parliamentary vote on her Brexit deal, but in the face of continuing political uncertainty investors focused on results and M&A news. Read more at The Business Times.
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IMF cuts global growth outlook, cites trade war and weak EuropeDAVOS (REUTERS) - The International Monetary Fund on Monday (Jan 21) cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilise a slowing global economy.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »