Search Results for: Markit
How Emerging Market stocks and currencies kicked off the week
February 3rd, 2020
Emerging market stocks held at near two-month lows on Monday, showing no signs of reprieve as investors continued to worry about the economic hit from a deadly virus outbreak in China. As traders in Asia’s biggest economy returned from ...
UPDATE: European stocks fall
September 23rd, 2019
European shares were sharply lower Monday afternoon, as investors reacted to weaker-than-expected economic data and the collapse of one of the world’s most well-known tour operators. The pan-European Stoxx 600 was down around 0.8% during early afternoon deals, with ...
Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows
September 3rd, 2019
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal ...
European stocks edge lower
February 21st, 2019
European stocks were slightly lower Thursday morning, after a flurry of poorly received corporate earnings reports. The pan-European Stoxx 600 edged down around 0.2 percent during mid-morning deals, with most sectors and major bourses in negative territory. Europe’s banking ...
Euro to US Dollar exchange rate tests weekly highs
September 20th, 2018
Despite a lack of particularly impressive Eurozone data this week, the Euro to US Dollar (EUR/USD) exchange rate has advanced over half a cent this week and could climb further if investors continue to sell safe haven currencies. EUR/USD ...
Housing bubble in the UK?
August 16th, 2018
A housing bubble in the UK is gradually deflating due to an ongoing massive sale of residential properties fuelled by Brexit concerns, which is poised to alleviate lingering affordability issues. UK housing prices falling at fastest rate since 2009 ...
Dollar recovers after weak start
July 24th, 2018
The dollar pulled back against its major rivals at the start of the new trading week, but has since staged a recovery and is now trading modestly to the upside. Economic data has been sparse Monday and things will ...
Italian vote, trade concern darken Europe’s economic outlook
March 7th, 2018
For months, the 19-country eurozone economy has been one of the bright spots in the global economy, with growth and job creation picking up steam after years of crisis management and a lack of confidence. But on Monday, the ...
The Euro and Yen advanced, Gold rose, Asian stocks dropped
September 22nd, 2017
Asian stocks dropped with U.S. equity-index futures after a report that North Korea could respond to fresh sanctions with a hydrogen bomb in the Pacific. The yen and gold advanced. After a flat start to Friday’s Asian session, benchmarks ...
UniCredit: Pound to Euro Rate Forecast at 1.05 in Coming Months
August 4th, 2017
Foreign exchange analysts at UniCredit Bank have announced a sizeable upgrade to their forecasts for the Euro saying the currency is finally starting to recover from years of undervaluation. The Italian lender have as a result upgraded their targets ...
