Business News




February 25, 2010

European Stocks Seen Lower

Filed under: Europe Market Update — admin @ 7:32 am


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European stocks may open lower on Thursday, taking cues from lower U.S index futures and weakening oil prices amid a stronger dollar.

European Markets Rise On Bernanke’s Rate Comments - European Commentary

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The European markets rose for the first time in three days on Wednesday after U.S. Federal Reserve Chairman Ben Bernanke said interest rates would remain at very low levels.

European Stocks Seen Flat To Higher

Filed under: Europe Market Update — admin @ 7:32 am


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After a sharp sell-off in the previous session, European stocks are likely to open slightly higher on Wednesday amid some bargain hunting in energy stocks.

European Markets Fall On Weak Data - European Commentary

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The European markets fell for the second day on Tuesday after reports showed that German business confidence deteriorated unexpectedly in February and U.S. consumer sentiment declined to a 10- month low.

European Stocks Seen Higher

Filed under: Europe Market Update — admin @ 7:32 am


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European stocks may edge higher on Tuesday, as investors digest a raft of corporate results. However, trading may turn choppy as investors look ahead to congressional testimony by Fed Chairman Ben Bernanke on Wednesday and Thursday. Data due later in the day on U.S consumer confidence and the housing market may also cause some volatility.

European Markets Fall, Led By Drugmakers, Retailers - European Commentary

Filed under: Europe Market Update — admin @ 7:32 am


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The European markets fell for the first time in six days on Monday, as GlaxoSmithKline led drugmakers lower after a U.S. Senate report raised concern regarding the possible cardiovascular risk associated its diabetes drug Avandia and retailers such as Carrefour, Hennes & Mauritz and Inditex slipped on broker downgrades.

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