European stocks on course for seventh straight month of gains

The benchmark STOXX 600 was on course to end August with gains of more than 2.6%, in what could be its longest monthly winning run since 2013.

Strong earnings and a relatively high rate of vaccination have boosted European recovery hopes, while U.S. Federal Reserve's remarks last week reaffirmed views they were in no rush to tighten monetary policy."On the China side, it's worth noting that it's been priced in for a while. While the data is quite weak, the situation has evolved over the last couple of weeks," Erlam said.Meanwhile, data showed German unemployment fell more than expected in August.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

European stocks struggle for traction with London out for a holidayEurope stocks inched higher on Monday, with some gains in the chemical sector, but in a mostly lackluster session marked by a U.K. holiday.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Wall St Week Ahead A blazing U.S. stock rally faces market's toughest monthA rally in which U.S. stocks have doubled from post-pandemic lows is about to enter the year’s worst month for equities, as investors focus on a nationwide COVID-19 resurgence and how quickly the Federal Reserve plans to pull back on its easy money policies.
La source: Reuters - 🏆 2. / 97 Lire la suite »