European stocks seen mixed amid corporate earnings season and Brexit limbo

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

European stocks were expected to open mixed Thursday morning as traders remain in limbo over an expected delay to the U.K.'s departure from the European Union, while corporate earnings season gathers pace.

Brexit now hinges on a decision from EU leaders on whether to grant the U.K. a further extension after Prime Minister Boris Johnson paused the ratification process for his Withdrawal Agreement Bill. Johnson has signaled intent to call a U.K. general election before Christmas if the October 31 deadline is extended into next year.

Asia Pacific stocks were mixed Thursday after data showed that South Korea's economy continued to slow. The European Central Bank will convene for its latest policy meeting on Thursday, marking a swan song for outgoing ECB President Mario Draghi. Markets are not expecting substantial movements on policy, with just six weeks having passed since the ECB unveiled a massive stimulus package.

Corporate earnings remain in focus, with German chemical maker BASF on Thursday reporting a fall in third-quarter net profit and sales, while British lender the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earnings weigh on European stocks, sterling lower before Brexit votesEuropean shares edged lower on Tuesday as talk of progress in China-U.S. trade t...
Source: Reuters - 🏆 2. / 97 Read more »

European stocks seen lower as Brexit hits another roadblockEuropean stocks were seen opening lower Wednesday morning after British lawmakers forced Prime Minister Boris Johnson to pause the progression of his Brexit deal. Master_Chef69 1 min ago Brexit is a moronic concept for all involved, with the exception of Putin. The first day of 29 crash 90 years ago. Look at the date🃏
Source: CNBC - 🏆 12. / 72 Read more »

Mixed earnings, failed Brexit vote push down S&P 500The benchmark S&P 500 index gave up modest gains on Tuesday from earlier in the ...
Source: Reuters - 🏆 2. / 97 Read more »