European equities markets were up Thursday as investors were cheered by a US Labor Department report showing that there were 31,000 fewer first-time filings for unemployment benefits in the US last week, the first decline in a month as 473,000 people claimed jobless benefits for the first time. The FTSE 100 was up 0.91 percent [...]
European equities markets were lower again Wednesday on more bad economic news from the United States as new home sales dropped to the lowest on record in July, while durable goods orders rose there last month, but by much less than had been forecast. After the National Association of Realtors reported yesterday that existing home [...]
European equities markets were lower Tuesday after a report from the National Association of Realtors which showed that existing home sales in the US fell 27 percent in July, double the expected decline, casting doubts on the state of the economic recovery. The FTSE 100 was 1.51 percent lower to 5,155.95 in London, while the [...]
European equities markets were higher Monday. The FTSE 100 was 0.76 percent higher to 5,234.84 in London, while the FTSE 250 added 0.67 percent to 9,826.15. Most of the insurance sector saw gains, but Amlin (LSE: AML) fell 3.25 percent after it reported that first half profits were down 39 percent on a near-doubling of [...]
European equities markets were lower Friday as investors continued to worry about US reports on jobless claims and manufacturing activity which have raised more concerns about how well the economy is really recovering from recession. The FTSE 100 was 0.31 percent lower to 5,195.28 in London, while the FTSE 250 was down 0.75 percent to [...]
European equities markets were lower Thursday on data from the US, although news from Europe itself was better, including UK retail sales that were much higher in July than had been predicted, and a new forecast that Germany’s economy will expand by 3 percent this year rather than the previously-predicted 1.9 percent. The declines came [...]