European Stock Markets Plunge on Euro Zone Worries - May 18, 2012 23:59

Stock markets in Europe ended on a bearish note on Friday in reaction to escalating euro zone debt worries. Moreover slower Chinese growth data also created concerns among the investors. Fitch’s downgraded rating for Greece added concerns over Spain’s position too. In China, the state information center reported the annual growth rate fell to 7.5 […]

European Equities End on a Bearish Note on Weaker US Jobs Data - May 4, 2012 23:55

European stocks remained under pressure on Friday in reaction to weaker US jobs data. Moreover investors were also extremely cautious ahead of elections in France and in Greece. Moreover, business activity data in the single currency region also disappointed investors. As per the latest report of the US Labor Department, 115,000 jobs were created in […]

European Stocks Markets Remain Bullish in Reaction to Successful Italian Bond Auction - April 27, 2012 23:54

Stock markets in Europe ended with weekly gains on Friday in reaction to successful Italian bond auction. Italy sold 5.95 billion euros equivalent to $7.9 billion of debt meeting its target however, the yield on 10 year Italian bond gained to 5.84 percent from 5.24 percent. The Italian FTSE MIB index gained 1.7 percent to […]

Stock Markets Up in Europe on Positive Data from German Ifo - April 20, 2012 23:56

European stock markets ended higher on Friday mainly backed the banking sector which got a boost in reaction to surprise improvement in the German business climate index. Business confidence index from Ifo institute based in Munich gained to 109.9 in April which shocked investors and eased their tensions regarded the euro zone’s economy. The Stoxx […]

European Stocks Decline After the Increase in Italian & Spanish Yields - April 4, 2012 23:47

Stock markets in Europe turned bearish after the increase in yields of the Italian and Spanish bonds which created worries over the euro zone debt problems. The Stoxx Europe 600 Index fell 2.1 percent to close at 258.76 for the day making its lowest in last month. As the yields on Spanish bonds increased, uncertainty […]

European Stocks Gain on Successful Greece’s Debt Swap Deal - March 9, 2012 23:56

European stock markets gained on Friday as the Greece ended up with successful debt swap deal while United States reported a surprise increase in its jobs data. The US Labor Department released its latest jobs data today according to which 227,000 jobs were created in the month of February while unemployment rate stood at 8.3 […]

European Stocks Gain on Greece’s Positive Development - February 17, 2012 23:52

European stock markets jumped on Friday as the Greece’s European partners have decided to finalize a bailout package by the early next week. The Stoxx Europe 600 index surged 0.7 percent to 266.21 with top bull as Aker Solution gaining 18.3 percent which surged on the news of its 20 per higher net profit. Moreover […]

Stock Markets in Europe Fell on the Region’s Debt Fears - January 5, 2012 23:55

European stock markets fell on Thursday in reaction to escalating debt crisis of the region. Italy and Spain have again taken a major hit as the yield on Spanish bonds increased substantially. There was also rumor in the market that the Spanish Government may seek loans from the International Monetary Fund and European Union’s Rescue […]

European Stock Markets Remain Under Pressure on Debt Worries - December 21, 2011 23:52

Stock markets in Europe fell on Wednesday in reaction to the escalating debt problems for the region. The European Central Bank disclosed that 523 of European banks applied for funding from central bank totally the amount to 489 billion euros equivalent to $641 billion. Analysts expected the funding request to accumulate up to 310 billion […]