The pan-European Stoxx 600 was trading 0.6% higher at 8:45 a.m. in London, with nearly all sectors and major bourses in positive territory. Technology stocks led the gains, up 1.3%, while the European banking index fell 0.2%.
The regional index snapped a four-session losing streak on Thursday and closed about 0.5% higher.
Data released Friday showed Germany's economy grew a modest 0.1% in the third quarter from the previous three months — lower than a preliminary reading of 0.2% for the period.
In the U.K., the pound fell to a six-month low against the U.S. dollar following data on U.K. retail sales. The country's Office for National Statistics said retail sales volumes fell 0.7% month-on-month in October, well below economists' expectations for a 0.3% decline.
Investors are also closely monitoring any further escalation in the Russia-Ukraine war.
Gold prices extended gains on Friday and were on track for their best week in a year, amid concerns over the conflict. Spot gold was trading about 1% higher at $2,698.3 an ounce at 8:45 a.m. in London.
Asia-Pacific markets were mostly higher on Friday, tracking gains on Wall Street that saw the S&P 500 gain for a fourth straight day.
U.S. stock futures edged higher overnight, on track to end the week with gains on all three major indexes.
Source: CNBC
European bourses opened September in positive territory, with both the STOXX 50 and STOXX 600 rising nearly 0.3% after modest gains in August. Trading is expected to remain subdued today, as US market...
Asia-Pacific markets traded mixed Monday as investors assess China's RatingDog manufacturing data for August. The metric - which was previously known as the Caixin Purchasing Managers' Index - came in...
US stocks fell in the afternoon trading as investors took profits following a strong week that saw the S&P 500 reach record highs, amid signs that inflationary pressures remain persistent in the U...
US stocks pulled back on Friday as the latest economic data continued to reflect stubborn inflationary pressures in the US economy, clouding the Fed's rate outlook. The S&P 500 and the Dow droppe...
European stock markets are heading for a mixed open on Friday as attention turns to inflation prints from some of the region's biggest economies, along with the U.S. Price rise data is due from Franc...
EUR/USD traded higher near a one-week high around 1.1730 during the European trading session on Monday. The major currency pair strengthened as the US Dollar (USD) underperformed its peers amid strong expectations that the Federal Reserve (Fed)...
Oil prices rose about 1% on Monday (September 1st) as a weaker dollar and Russia-Ukraine tensions threatened supply, with Brent at $67.96 and WTI at $64.66. Despite the gains, the market remains clouded by the OPEC+ supply surplus and weakening...
Gold hit a more than four-month high on Monday (September 1) as speculation of a US Federal Reserve interest rate cut this month and a weaker dollar boosted bullion's appeal, while silver broke through $40 an ounce for the first time since...
The US core PCE price index, which excludes volatile and energy prices and is the Federal Reserve's preferred measure of core inflation in the US...
A U.S. appeals court ruled on Friday that most of President Donald Trump's global tariffs were illegal, finding he exceeded his authority when...
The University of Michigan consumer sentiment for the US dropped to 58.2 in August of 2025 from the five-month high of 61.7 in the previous month,...
US stocks pulled back on Friday as the latest economic data continued to reflect stubborn inflationary pressures in the US economy, clouding the...