Oil prices held steady on Tuesday after falling 2% in the previous session as market participants kept a close eye on peace talks to end Russia’s war in Ukraine and a looming decision on US interest rates. Brent crude futures fell 2 cents, or 0.03%, to $62.47 a barrel at 0101 GMT. U.S. West Texas […]
Eurozone government bond yields rose slightly on Thursday, following US Treasuries, as investors focused on the Federal Reserve’s policy outlook ahead of key US jobs data later in the day.The German ten-year yield, the eurozone benchmark, rose by 0.5 basis points (bps) to 2.75%. Investors are closely watching the peace talks in Ukraine as an […]
European shares closed higher on Friday, capping a strong weekly gain and ending the month on a robust note, supported by optimism over possible US rate cuts. The pan-European STOXX 600 closed 0.23% higher at 576.34, posting its longest monthly winning streak since March 2024. Stocks in Germany and France added 0.25% and 0.3% respectively. […]
European shares rallied on Monday, with the financial sector leading the way, as investors took comfort in growing commitment to US interest rate cuts while monitoring progress on a peace plan for Ukraine.The pan-European STOXX 600 gained 0.6% to 565.27 points by 0815 GMT. The index recorded its steepest weekly decline since late July on […]