European shares closed lower as Bank of England slipped; Stoxx 600 down 1.8%

European shares fall as UK market turmoil continues European stocks closed lower, with blue-chip holders Stokes 600 Temporarily closed 1.8% lower on weak economic sentiment and the UK Bond market volatility He continued to weigh. Auto shares fell 5% with the French car company foresia It fell 14.7%. British stocks Barat Development Real estate developer … Read more

From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in financial markets

Trader on the floor of the New York Stock Exchange, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar rose on Friday as investors responded to the Federal Reserve’s signal that its battle with inflation could lead to higher interest rates and a recession. Friday’s selloff was global, in a … Read more

European stocks open to close; Markets brace for more Fed rate action

Rheinmetall rises 9.7% German arms manufacturer Rheinmetall It continued its bullish run on Wednesday afternoon, rising 9.7% to reach the top of the Stoxx 600. This follows news on Monday that the German Armed Forces have contracted the company to purchase a total of 48 fuel tank trucks for use at several German Army and … Read more

European companies are rethinking their plans for a “closed” China

BEIJING – European companies in China are reassessing their market plans after this year’s Covid controls further isolated the country from the rest of the world, said Jörg Woetke, president of the European Union Chamber of Commerce in China. China’s strict policy on the Covid virus has imposed restrictions on international travel and business activity … Read more

European markets open for closing, earnings, data and news

Fortum shares soar 9.5% ahead of Uniper deal Fortum Shares rose 9.5% in afternoon trading on Tuesday on news that the German government was closing a deal to nationalize the gas giant. Uniper. Germany is considering buying Finnish energy company Fortum’s controlling stake in Uniper, details are expected to be announced on Wednesday. Karen Gilchrist … Read more

Pre-market stocks: The Fed could crash the housing market

A version of this story first appeared in the CNN Business “Before the Bell” newsletter. Not a subscriber? You can register over here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN business – Investors are horrified that sharp increases in the Federal Reserve could … Read more

European markets open their doors to close inflation data, earnings and US news

Bridgepoint shares fell 8.2% after the MiQ partnership announcement British private equity shares Bridgepoint Group It fell 8.2% by mid-afternoon on Tuesday, erasing 9% of the gains seen on Monday, following the partnership announcement. Marketing intelligence firm MiQ said it will work with Bridgepoint to improve its media solutions, focusing on international expansion and growing … Read more