Wraps

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  • In European Equity Markets stocks fell on Friday, weighed down by falls at Spain's Banco de Sabadell , though Vodafone gained after its update. The pan-European STOXX 600 was down by 0.1 percent while the similar FTSEurofirst 300 was flat at the close. Banca de Sabadell lost 7.5 percent after the Spanish bank warned on its year-end profit. Vodafone climbed 4.6 percent after reporting better-than-expected business figures, while Finland's Metso Oyj, an industrial mach...

  • In Asian Equity Markets Japan's Nikkei index remained on track for a weekly rise but fell on Friday, as investors took profit after recent gains and the yen strengthened on waning expectations of radical monetary policy easing from the Bank of Japan. The Nikkei stock index was down 0.9 percent at 16,660.01. MSCI index was down 0.4 percent. China's CSI 300 index and the Shanghai Composite both fell 0.4 percent. New Zealand s...

  • In European Equity Markets stocks edged lower on Thursday, as a fall in the shares of major airlines offset gains in some banks, propped up by signals of support for the sector from the European Central Bank. The pan-European STOXX 600 index and similar FTSEurofirst 300 both closed 0.1 percent lower. Airline stocks fell amid fears some consumers may avoid travelling abroad for holidays after last week's attack in Nice and attempted coup in Turkey. Lufthansa lost 6 pe...

  • In Asian Equity Markets Japan's Nikkei index rose to a seven-week high on Thursday morning, buoyed by gains in Wall Street and a weaker yen, and fresh expectations of large stimulus measures from the government lifted risk appetite. The Nikkei rose 1.4 percent to 16,908.25 in midmorning trade after reaching as high as 16,938.96, the highest since June 1. The broader Topix gained 0.8 percent to 1,341.13 and the JPX-Nikkei Index 400 advanced 0.8 percent to 12,046.80. MSCI's broad...

  • In European Equity Markets stocks edged up in early trade on Wednesday, with Swiss speciality chemicals and life sciences group Lonza and software firm SAP leading the market higher after reporting solid results. The pan-European STOXX Europe 600 and the FTSEurofirst 300 were both up 0.2 percent in early deals. Shares in SAP rose 3 percent as unexpectedly strong growth in high-margin packaged software licenses fuelled its quarterly earnings. Its second-qua...

  • In Asian Equity Markets profit taking weighed on stocks on Wednesday after a record run on Wall Street showed signs of petering out, while the dollar hovered near a four-month high against a basket of currencies following upbeat U.S. data.  MSCI's broadest index of Asia-Pacific stocks outside Japan edged up 0.2 percent, having reached its highest in almost nine months last week. Stocks rose in Hong Kong, Australia, India and much of Southeast Asia, but retreated in South...

  • In European Equity Markets stocks fell to a one-week low on Tuesday, with Trelleborg and AkzoNobel falling on concerns about their outlook and miners tracking weaker metals prices. The pan-European STOXX 600 fell 0.8 percent and the FTSEurofirst 300 was also down 0.8 percent. Dutch chemicals company AkzoNobel lost 5 percent. It beat analysts' second-quarter earnings forecast, but warned that the currency volatility and deflationary pressures that overshadowed the results ...

  • In Asian Equity Markets stocks fell on Tuesday, as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street. MSCI's broadest index of Asia-Pacific stocks outside Japan was down 0.6 percent. The Nikkei was up 0.3 percent at 16,546.82 after rising to 16,658.11, its highest since June 9. The broader Topix edged up 0.1 percent to 1,318.57 and the JPX-Nikkei Index 400 stood effectively unchanged at 11,828.14. China stocks were lower,...

  • In European Equity Markets stocks rose on Monday as technology stocks climbed after a bid for Britain's ARM, enabling markets to offset concerns over unrest in Turkey that weighed on some travel and financial stocks. The pan-European STOXX 600 index closed up 0.2 percent. Shares in ARM rose by more than 40 percent after Japan's SoftBank agreed to buy the chip designer in a 24.3 billion pound deal. ARM's peers, such as Dialog Semiconductor, AMS and Infineon also climbed, e...

  • In Asian Equity Markets stocks eased on Monday with markets in Tokyo closed and investors cautious after a failed military takeover in Turkey at the weekend raised political risk for the region. MSCI's broadest index of Asia-Pacific stocks outside Japan added 0.1 percent having reached its highest in almost nine months last week. The Shanghai Composite eased 0.55 percent despite a gain in house prices data for June in China of 7.3% year-on-year ...

  • In European Equity Markets  shares slipped on Friday after at least 84 people died in an attack in France.  Shares of European travel and leisure companies fell, weighing on the region's stock markets, after the attack in the city of Nice, which also injured scores of people. The STOXX Europe 600 Travel & Leisure index fell 1.2 percent. French hotels operator Accor, Europe's largest hotel group, fell 3 percent, while shares in ai...

  • In Asian Equity Markets stocks extended gains to eight-month highs on Friday, on track for a solid weekly rise, as better-than-expected economic data from China lifted risk sentiment that was already buoyant after record highs on Wall Street. MSCI's broadest index of Asia-Pacific stocks outside Japan was up 0.9 percent. The Nikkei was up 1.2 percent at 16,575.63. China stocks were moderately higher, with the CSI300 index up 0.1 percent and t...

  • In European Equity Markets stocks fell from a three-week high on Thursday after the Bank of England surprised investors by keeping interest rates on hold. The pan-European STOXX Europe 600 and the FTSEurofirst 300 indexes were both up around 0.6 percent. European stocks eased after the Bank of England caught investors off guard by keeping rates unchanged, with the UK's FTSE 100 index turning lower to trade just 0.1 percent higher. The beaten-down banking sect...

  • In Asian Equity Markets stocks remained near an eight-month high on Thursday as investors bet the Bank of England will cut rates to ward off recession following Britain's vote to leave the European Union. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 0.1 percent. The Nikkei was up 0.4 percent at 16,298.43, not quite able to top a one-month peak of 16,444.25 touched on Wednesday. The broader Topix climbed 0.4 percent to...

  • In European Equity Markets stocks edged lower on Wednesday after four straight sessions of gains to leave a benchmark regional index near its highest level in more than two weeks, with a fall in oil and gas shares weighing on the market. The pan-European STOXX 600 lost 0.1 percent. Banco Monte dei Paschi di Siena rose 5.4 percent after sources said Italian bank rescue fund Atlante is in talks with the bank over a deal to help the country's third-largest lender reduce it...

  • In Asian Equity Markets stocks came within reach of testing their 2016 peak on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors' risk appetite damaged by uncertainty from Brexit. MSCI's broadest index of Asia-Pacific stocks outside Japan rose as much as 0.4 percent to 427.83. The Nikkei gained 1.0 percent to 16,444.25 in morning trade. The broader Topix gained 1.3 percent to 1,302.66 and the JPX-Nikkei I...

  • In European Equity Markets stocks rose on Tuesday, led by cyclical sectors responding to some improvement in economic sentiment as the S&P 500 hit a record high on Wall Street and better earnings helped auto makers. The STOXX Europe 600 rose 0.5 percent. Car-maker Daimler rose 4.1 percent after second quarter results beat expectations, helped by higher earnings in van and bus operations. UniCredit rose 6.8 percent after it successfully placed 10 p...

  • In Asian Equity Markets stocks rose to a 2-1/2-month peak on Tuesday, a day after Wall Street shares hit a record high thanks to a combination of upbeat U.S. data and expectations of more stimulus from global policymakers. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 0.5 percent to hit its highest level since late April. Buying in financials and exporters pushed up the Nikkei index by 3.5 percent to 16,237.62 in midmorning trade. 

  • In European Equity Markets a rally in the stocks of steelmakers and financials helped European stocks to rise for the third straight session on Monday, with the steel companies lifted by signs of sector consolidation. The pan-European STOXX 600 index gained 0.5 percent.  ThyssenKrupp said it was in talks with India's Tata Steel about a consolidation of beleaguered European steel mills that are hit by overcapacity, weak demand and cheap imp...

  • In Asian Equity Markets stocks enjoyed a relief rally on Monday as upbeat U.S. jobs data lessened immediate concerns about the health of the world's largest economy, while the long-run fallout from Brexit kept sovereign yields near record lows. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 1.9 percent to a one-month top. Australia added 1.8 percent and Shanghai rose 1 percent. Japan's Nikkei climbed 3.5 percent,...

  • In European Equity Markets stocks edged higher on Friday, with carmakers advancing after China reported an increase in vehicle sales last month and mining companies gaining as metals prices rose. The pan-European FTSEurofirst 300 rose 0.3 percent and the STOXX Europe 600 was up 0.4 percent. Germany's auto-heavy DAX index rose 0.7 percent, outperforming the broader market. BMW, Daimler and Volkswagen gained 1.3 to 2.3 percent. The STOXX Europe 600 Basic Resources ...

  • In Asian Equity Markets stocks looked set to post their biggest weekly loss in three weeks on Friday and government bond yields plunged to fresh record lows as investors awaited U.S. jobs data to get a clearer picture of the health of the world's biggest economy. The Nikkei handed back earlier modest gains and was down 0.4 percent at 15,217.24. The index was on track to fall about 3 percent on the week. The broader Topix fell 0.6...

  • In European Equity Markets stocks rose on Thursday after a three-day losing streak, buoyed by gains in major consumer goods stocks such as Danone and Associated British Foods. The pan-European STOXX 600 index rose 1.5 percent while the FTSEurofirst 300 index advanced 1.4 percent. Danone rose 7 percent as investors welcomed its plans to buy U.S. organic foods group WhiteWave in a $12.5 billion deal. Associated British Foods was up 7.7 percent after saying it was sticking...

  • In Asian Equity Markets Japan's Nikkei index fell modestly on Thursday as investors remained wary after turmoil returned to global markets earlier in the week. The Nikkei was down 0.4 percent at 15,318.05 points by mid-morning after briefly flirting with positive territory. The broader Topix fell 0.4 percent to 1,229.64 and the JPX-Nikkei Index 400 declined 0.4 percent to 11,080.26. MSCI's broadest index of Asia-Pacific stocks outside Japa...

  • In European Equity Markets stocks fell on Wednesday, led lower by major banks, amid persistent worries over Britain's vote to leave the European Union. The pan-European STOXX 600 and the similar FTSEurofirst 300 index were both down 0.6 percent. The STOXX Europe 600 banks index fell 1.8 percent, with shares in Spain's Caixabank down 2 percent after Caixabank warned it expected a 1.25 billion euro hit related to mortgage clauses. Shares in Deutsche Bank and Credit Suisse...

  • In Asian Equity Markets stocks turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risky assets of all stripes. The MSCI's broadest index of Asia-Pacific stocks outside Japan fell 1.5 percent. The Nikkei index fell 3.1 percent to a more than a week low of 15,190.39 in midmorning trade. All of the Topix's 33 subsectors ...

  • In European Equity Markets stocks fell on Tuesday, weighed down by losses among mining and financial stocks, while Italian bank Monte dei Paschi di Siena plunged to a record low on worries about its capital strength. The pan-European STOXX 600 index ended down 1.7 percent, adding to losses seen on Monday, while the FTSEurofirst 300 declined by 1.5 percent. Monte dei Paschi fell 19 percent. Italian newspapers said the government was in talks with the European Commission...

  • In Asian Equity Markets stocks gave up a five-day winning streak on Tuesday as investors took stock of a rally driven by hopes that central banks will provide more stimulus to offset a likely downturn triggered by Brexit. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 0.7 percent. The Nikkei fell 1.0 percent to 15,620.11 in midmorning trade after gaining 5.5 percent in the course of its six day rally. Chinese stocks rose, w...

  • In European Equity Markets stocks ended a four-day winning streak on Monday, with battered banking stocks offsetting gains among mining shares boosted by higher metals prices. The pan-European STOXX 600 index closed 0.7 percent lower, while the FTSEurofirst 300 index fell 0.6 percent. Shares in Monte dei Paschi di Siena closed 14 percent lower as the ECB asked the bank to cut its bad loan exposure by 40 percent over three years. 

  • In Asian Equity Markets Japan's Nikkei index edged up on Monday morning in choppy trade, extending its five-day winning streak as global worries over Britain's vote to leave the European Union receded. The Nikkei opened down 0.8 percent, but was up 0.3 percent to 15,723.86 by midmorning trade. The broader Topix rose 0.3 percent to 1,257.99 and the JPX-Nikkei Index 400 gained 0.3 percent to 11,357.07. MSCI's broadest index of Asia-Pacific ...

  • In European Equity Markets stocks rose on Friday, lifted by expectations that the European Central Bank would take action to support markets in order to ease worries about the fallout from Britain's vote to leave the European Union. The pan-European STOXX 600 index rose 0.7 percent, while the FTSEurofirst 300 index climbed 0.8 percent. Temenos Group AG climbed 3.1 percent after the Swiss software maker said Standard Chartered will use its wealth management program ...

  • In Asian Equity Markets stocks rose on Friday as risk appetite continued to recover from last week's Brexit shock, but the pound came under renewed pressure after the Bank of England's governor hinted at an interest rate cut ahead. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 0.4 percent. The Nikkei gained 0.8 percent to 15,701.61, while South Korea's Kospi extended gains to 0.8 percent. China's CSI 300 and Shanghai Composite indexes advanced 0.4 p...

  • In European Equity Markets stocks rose for a third straight session on Thursday, with expectations of central bank stimulus helping ease jitters over Britain's vote last week to exit the European Union. The pan-European STOXX 600 index rose 1 percent, reversing initial weakness. Deutsche Bank fell 2.7 percent after its U.S. unit failed stress tests and the IMF said the German bank was the biggest potential risk to the wider financial sy...

  • In Asian Equity Markets Japan's Nikkei index rose for a fourth day on Thursday, helped by bargain hunting in recently battered stocks, but the benchmark index looked set for its biggest monthly fall in more than four years as a surging yen pressures exporters. The Nikkei gained 0.7 percent to 15,671.89 points by mid-morning. The broader Topix gained 0.5 percent to 1,254.18 and the JPX-Nikkei Index 400 advanced 0.5 percent to 11,323.08. MS...

  • In European Equity Markets stocks rose on Wednesday, with higher oil prices and the chance of more monetary stimulus helping markets that were sent reeling by Britain's vote to exit the European Union. The pan-European STOXX 600 index rose 1.2 percent, while the FTSEurofirst 300 also stood 1.2 percent higher. London's FTSE 100 rose 3.6 percent to settle at 6,360, erasing its post-Brexit slide. Travel services company TUI AG lost 2.6 per...

  • In Asian Equity Markets stocks rebound on Wednesday as the immediate drag from the Brexit vote began to ebb and investors wagered central banks would ultimately ride to the rescue with more stimulus measures. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 1 percent to recoup around a third of Friday's stinging loss. Japan's Nikkei climbed 1.4 percent. The broader Topix gained 1.4 percent to 1,241.73 and the JPX-Nikkei Index 400 added 1.4 p...

  • In European Equity Markets stocks rose for the first time in three days on Tuesday after a heavy sell-off following Britain's shock vote to leave the European Union, on hopes of a more co-ordinated central bank response to financial market losses, and on firmer oil prices. The pan-European STOXX 600 index rose 2.4 percent while the pan-European FTSEurofirst 300 index advanced 2 percent. British and European banking stocks, which had suffered the worst of the market rout...

  • In Asian Equity Markets stocks rose for the first time in three days on Tuesday while sterling and other currencies advanced as investors scooped up beaten down assets after Britain's vote to exit the European Union stunned financial markets. MSCI's broadest index of Asia-Pacific stocks outside Japan was up 0.1 percent but the tiny gain belied an impressive turnaround which saw the Japanese stocks rally more than 3 percent from the day's ...

  • In European Equity Markets stocks fell on Monday, weighed down by uncertainty over Britain's decision to leave the European Union, but the Madrid market rose after Spain's election. The pan-European STOXX 600 and the FTSEurofirst 300 indexes both fell by 0.6 to 0.7 percent. The euro zone's blue-chip Euro STOXX index was flat. Britain's FTSE 100 fell 0.4 percent. An index of European bank shares fell 8.89 percent. Royal Bank of Scotland fell 16 percent while ...

  • In Asian Equity Markets Japan's Nikkei index rebounded on Monday as government officials stepped up warnings that they may intervene in currency markets to stabilise the yen after Britain voted to leave the European Union. The Nikkei rose 1.6 percent to 15,189.21 in midmorning trade, after falling 7.9 percent on Friday in the wake of Britain's historic decision. MSCI's broadest index of Asia-Pacific stocks outside Japan shrank losses to 0.6 percent as...

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