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

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that the battle with inflation could lead to much higher interest rates and a recession. The sell-off was global on Friday, in a week in … Read more

European stocks close higher after record ECB interest rate hike

European markets closed higher on Friday as investors reacted to a record rate hike by the European Central Bank and further comments from Federal Reserve Chairman Jerome Powell. The pan-European Stoxx 600 ended up 1.6% for the time being, with all sectors and major exchanges positive. Mining stocks were up 3.2% to gain, while technology … Read more

European markets open to closing time, data, earnings and news

European markets fell sharply on Monday as investors reflect on economic risks in the region, fueled again by concerns over energy supplies from Russia. The pan-European Stoxx 600 fell 1.3% in early trading, with cars having to lose 3.5% to take losses as most sectors and major exchanges slid deep into negative territory. Oil and … Read more

Investors process Powell price warning

European markets were lower on Monday after US Federal Reserve chairman Jerome Powell announced that higher interest rates were likely to persist in a bid to curb rising inflation. All sectors and major markets moved into negative territory during the early morning deals in London. Tech stocks led the losses, falling nearly 1.7%. The German … Read more

Hawkish Fed Notes Global Equities Dent

Minneapolis Fed president Neel Kashkari on Tuesday reiterated the central bank’s commitment to contain inflation through monetary policy tightening, saying his biggest fear is that ongoing price pressures are being underestimated. Anjali Sundaram | CNBC LONDON – European markets were marginally lower on Wednesday after new aggressive comments from a US Federal Reserve policymaker hesitated … Read more

Fear of Fed increase, Jackson Hole in the picture

London Stock Exchange Toby Melville | Reuters The pan-European Stoxx 600 fell 0.8% early in the afternoon, with cars falling 3% to take losses as most sectors and major exchanges traded in negative territory. Oil and gas stocks bucked the trend to add 0.8%. Risk sentiment was dampened by aggressive signals from ECB policymakers, with … Read more

European markets: follow global caution

Cineworld shares plunge 60% Cineworld, which operates 9,000 theaters in 10 countries, has warned that a lack of blockbusters is hurting filming. Geography Photos | Universal Images Group | Getty Images British cinema chain Cineworld Group saw shares plummet Friday after reports it is preparing to file for bankruptcy after failing to lure viewers back … Read more

Big week for earnings, monetary policy

LONDON – European markets are set to retreat Monday as investors brace for a big week of corporate earnings and a key monetary policy decision by the US Federal Reserve. The UK’s FTSE 100 is about 29 points lower at 7,247 points, the German DAX is expected to lose about 83 points to 13,171 and … Read more

European Markets Open to Shutdown, Jobs Report, Inflation Data, Fed

LONDON – European stocks are expected to open lower Monday as investors prepare for more key inflation data out of the US this week. The UK’s FTSE index opens 65 points lower at 7,137, Germany’s DAX is down 124 points at 12,879, France’s CAC 40 is down 61 points at 5,969 and Italy’s FTSE MIB … Read more