"The FTSE is definitely benefiting from the pound's rather severe slump, especially against the dollar and the fact that major commodity stocks have outperformed," Mr Campbell said.London listed shares of mining firms BHP and Rio Tinto rose more than 1.5 per cent each, while oil and gas majors BP PLC and Royal Dutch Shell climbed more than 1 per cent.Italian shares finished 0.
Some analysts stressed the longer-run hope offered to markets by both the Fed and the ECB's move to halt or even turn around monetary tightening. "By turning as dovish as it has, the Fed perhaps creates better conditions for equities to perform well, for business sentiment to do better and that may come through in the euro area," said John Davies, G10 rates strategist at Standard Chartered Bank in London.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe: No Fed boost for European stocks as banks fall; chipmakers shine[FRANKFURT] European stock markets opened lower on Thursday, as the impact on banks of an accommodative policy message from the US Federal Reserve outweighed any broader lift to sentiment from its abandoning of further interest rate hikes this year. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks close at five-month high amid trade and Brexit optimism[LONDON] European shares closed at their highest level in five months on Friday as investors cheered positive signs on US-China trade talks and UK lawmakers' vote to request a delay in a potentially chaotic exit from the European Union (EU). Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks break 5-day rally; Bayer, BMW weigh on DAX[BENGALURU] European shares retreated from near six-month highs on Wednesday, with German stocks leading losses as chemicals producer Bayer and carmaker BMW tumbled, and as the European Union resisted British Prime Minister Theresa May's plea to delay Brexit. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Auto rally power stocks to near six-month peak[BENGALURU] European shares were on course for a fifth day of gains on Tuesday, powered by a strong rally in automakers after Peugeot suggested Fiat Chrysler was among the options for a merger, and as Bank of America Merrill Lynch talked up stocks in the sector. Read more at The Business Times. Alcohol Abuse Disorder Dsm 5 Inpatient Alcohol Rehabilitation Centers When you consider the big picture, they have remarkable that despite having so very much healthy food choices to choose coming from, we seem to make the wrong meals choices. A medical doctor is going to know what you need, based upon your health and wellness and medical history. For not any reason aspire to store excess fat, you will need to shed fat! Just simply master to take in foods that keep the sugar amounts even n
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Deutsche merger move take stocks rally to fourth day[BENGALURU] European stocks rose for the fourth session in a row on Monday as a flurry of dealmaking, including merger talks between Deutsche Bank and Commerzbank , spurred gains in the financial services sector. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks open little changed[LONDON] European equities opened steady as mining shares climbed amid higher copper prices and Asos Plc tumbled on a sales update. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Banks, oil companies lift stocks[NEW YORK] Wall Street stocks finished higher on Monday, with gains from petroleum companies and banks more than offsetting another drop in Boeing shares. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Banks, oil companies lift US stocksNEW YORK: Wall Street stocks finished higher on Monday (Mar 18), with gains from petroleum companies and banks more than offsetting another drop ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »